Market Movers

Western Digital Corporation’s stock price skyrockets to $72.03, marking a substantial 5.32% increase

By February 19, 2025 No Comments

Western Digital Corporation (WDC)

72.03 USD +3.64 (+5.32%) Volume: 9.33M

Western Digital Corporation’s stock price soared to $72.03, witnessing a positive trading session with an increase of +5.32%, driven by a high trading volume of 9.33M. The robust performance further boosted WDC’s year-to-date percentage change, reaching a remarkable +18.31%, reinforcing its strong market position.


Latest developments on Western Digital Corporation

Western Digital‘s stock has been outperforming the S&P 500 in 2025, with Cantor Fitzgerald maintaining a $95 target for the company. Analysts are optimistic about Western Digital‘s price strength, as seen in recent IBD rating upgrades. The company’s split from Sandisk has allowed it to focus on pursuing emerging memory technology, positioning it for growth amid a surge in storage demand. Despite a decrease in position from Savant Capital LLC and New York State Teachers Retirement System, Chevy Chase Trust Holdings LLC maintains a $10.82 million position in Western Digital. Sandisk’s plans for petabyte SSDs and the company’s iconic hard drives have also contributed to the stock’s movements today.


Western Digital Corporation on Smartkarma

Analysts on Smartkarma are providing bullish coverage on Western Digital, with insights from Richard Howe and Baptista Research. Richard Howe‘s weekly update highlights the current discount of small caps compared to the S&P 500 and suggests a potential shift in the dominance of large caps. On the other hand, Baptista Research’s report focuses on the mixed performance of Western Digital in its second fiscal quarter of 2025, emphasizing the strengths in the HDD business despite challenges in the Flash segment.

Baptista Research also delves into Peloton Interactive Inc., but their analysis of Western Digital highlights crucial factors for the company’s success in 2025 and beyond. The report discusses the company’s revenue growth, challenges in the Flash segment, and the impressive results in the HDD business. With a focus on strategic direction and financial sustainability, analysts are optimistic about Western Digital‘s future prospects based on the provided research reports.


A look at Western Digital Corporation Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Western Digital Corporation, a global provider of digital storage solutions, has received a mixed bag of scores according to Smartkarma Smart Scores. While the company scores high in areas such as value and momentum, with a score of 4 in both categories, it falls short in others. With a low score of 1 in dividends and a moderate score of 3 in growth, Western Digital may face challenges in sustaining its dividend payouts and achieving significant growth in the future.

Despite its strong performance in value and momentum, Western Digital‘s overall outlook may be impacted by its lower scores in dividends and resilience. With a resilience score of 2, the company may face difficulties in weathering economic downturns or market volatility. However, with a focus on innovation and adaptation, Western Digital could potentially overcome these challenges and continue to thrive in the competitive digital storage industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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