Research Analysts’ Weekly Ratings Updates for Western Digital (WDC)

Western Digital (NASDAQ: WDC) has recently received a number of price target changes and ratings updates:

• 8/8/2026 – Western Digital was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 8/7/2026 – Western Digital had its price target lowered by Citigroup Inc. from $800.00 to $740.00. They now have a “buy” rating on the stock.
• 8/6/2026 – Western Digital had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $676.00 price target on the stock.
• 8/6/2026 – Western Digital was given a new $630.00 price target by Robert W. Baird.
• 8/6/2026 – Western Digital had its price target raised by TD Cowen from $500.00 to $540.00. They now have a “buy” rating on the stock.
• 8/6/2026 – Western Digital was given a new $590.00 price target by Mizuho.
• 8/6/2026 – Western Digital had its price target lowered by UBS Group AG from $560.00 to $525.00. They now have a “neutral” rating on the stock.
• 8/6/2026 – Western Digital was downgraded by Summit Insights from “buy” to “hold”.
• 8/6/2026 – Western Digital had its price target lowered by Rosenblatt Securities from $900.00 to $800.00. They now have a “buy” rating on the stock.
• 7/13/2026 – Western Digital was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 7/13/2026 – Western Digital had its “neutral” rating reaffirmed by UBS Group AG. They now have a $560.00 price target on the stock.
• 7/13/2026 – Western Digital had its price target raised by Citigroup Inc. from $685.00 to $800.00. They now have a “buy” rating on the stock.
• 7/10/2026 – Western Digital had its price target raised by Wells Fargo & Company from $575.00 to $730.00. They now have an “overweight” rating on the stock.
• 7/8/2026 – Western Digital had its price target raised by Susquehanna from $360.00 to $500.00. They now have a “neutral” rating on the stock.
• 7/1/2026 – Western Digital had its price target raised by Bank of America Corporation from $610.00 to $732.00. They now have a “buy” rating on the stock.
• 6/29/2026 – Western Digital had its price target raised by Cantor Fitzgerald from $660.00 to $900.00. They now have an “overweight” rating on the stock.
• 6/29/2026 – Western Digital was given a new $1,050.00 price target by Melius Research. They now have a “buy” rating on the stock.
• 6/29/2026 – Western Digital was upgraded by Melius Research to “strong-buy”.
• 6/26/2026 – Western Digital was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 6/22/2026 – Western Digital was downgraded by Fox Advisors from “overweight” to “equal weight”.
• 6/15/2026 – Western Digital had its price target raised by Morgan Stanley from $488.00 to $650.00. They now have an “overweight” rating on the stock.

Western Digital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Tuesday, September 8th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date is Tuesday, September 8th. Western Digital’s dividend payout ratio is presently 2.48%.

Insider Activity at Western Digital

In other news, insider Vidyadhara K. Gubbi sold 2,475 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $556.24, for a total value of $1,376,694.00. Following the completion of the sale, the insider owned 85,154 shares of the company’s stock, valued at approximately $47,366,060.96. This represents a 2.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Bruce E. Kiddoo sold 750 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $528.52, for a total transaction of $396,390.00. Following the completion of the transaction, the director directly owned 3,903 shares of the company’s stock, valued at $2,062,813.56. This represents a 16.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 5,093 shares of company stock valued at $2,751,337. Insiders own 0.18% of the company’s stock.

Western Digital Corporation is a global data storage company that designs, manufactures and sells a broad range of storage devices and systems for personal, enterprise and cloud applications. Headquartered in San Jose, California, the company develops hard disk drives (HDDs), solid-state drives (SSDs), NAND flash components and finished storage products used in PCs, external storage, servers, network-attached storage (NAS) and embedded systems.

Its product portfolio spans consumer and commercial markets, including internal and external HDDs and SSDs, removable flash memory products and storage platforms for data center and enterprise environments.