Analysts’ Weekly Ratings Changes for Western Digital (WDC)

Posted by on May 20th, 2026

Several brokerages have updated their recommendations and price targets on shares of Western Digital (NASDAQ: WDC) in the last few weeks:

  • 5/15/2026 – Western Digital was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
  • 5/6/2026 – Western Digital was upgraded by Zacks Research from “hold” to “strong-buy”.
  • 5/4/2026 – Western Digital had its price target raised by Robert W. Baird from $310.00 to $450.00. They now have an “outperform” rating on the stock.
  • 5/2/2026 – Western Digital was upgraded by Wall Street Zen from “hold” to “buy”.
  • 5/1/2026 – Western Digital had its “buy (b-)” rating reaffirmed by Weiss Ratings.
  • 5/1/2026 – Western Digital had its price target raised by TD Cowen from $325.00 to $500.00. They now have a “buy” rating on the stock.
  • 5/1/2026 – Western Digital had its “neutral” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $400.00 price target on the stock.
  • 5/1/2026 – Western Digital had its price target raised by Cantor Fitzgerald to $660.00. They now have an “overweight” rating on the stock.
  • 5/1/2026 – Western Digital was given a new $470.00 price target by Mizuho.
  • 5/1/2026 – Western Digital had its “outperform” rating reaffirmed by Evercore Inc. They now have a $500.00 price target on the stock.
  • 5/1/2026 – Western Digital had its price target raised by Wells Fargo & Company from $335.00 to $500.00. They now have an “overweight” rating on the stock.
  • 5/1/2026 – Western Digital had its price target raised by Citigroup Inc. from $405.00 to $500.00. They now have a “buy” rating on the stock.
  • 5/1/2026 – Western Digital had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $488.00 price target on the stock.
  • 5/1/2026 – Western Digital had its price target raised by Barclays PLC from $405.00 to $450.00. They now have an “overweight” rating on the stock.
  • 5/1/2026 – Western Digital had its price target raised by UBS Group AG from $350.00 to $375.00. They now have a “neutral” rating on the stock.
  • 5/1/2026 – Western Digital had its price target raised by Rosenblatt Securities from $340.00 to $500.00. They now have a “buy” rating on the stock.
  • 4/27/2026 – Western Digital was given a new $500.00 price target by UBS Group AG.
  • 4/27/2026 – Western Digital had its price target raised by Cantor Fitzgerald to $660.00. They now have an “overweight” rating on the stock.
  • 4/27/2026 – Western Digital had its price target raised by Bank of America Corporation to $495.00. They now have a “buy” rating on the stock.
  • 4/22/2026 – Western Digital had its price target raised by Barclays PLC from $325.00 to $405.00. They now have an “overweight” rating on the stock.
  • 4/21/2026 – Western Digital had its price target raised by UBS Group AG from $285.00 to $350.00. They now have a “neutral” rating on the stock.
  • 4/20/2026 – Western Digital had its price target raised by Evercore Inc from $378.00 to $410.00. They now have an “outperform” rating on the stock.
  • 4/17/2026 – Western Digital had its price target raised by Bank of America Corporation from $375.00 to $415.00. They now have a “buy” rating on the stock.
  • 4/16/2026 – Western Digital had its price target raised by JPMorgan Chase & Co. from $320.00 to $400.00. They now have an “overweight” rating on the stock.
  • 4/13/2026 – Western Digital had its price target raised by Citigroup Inc. to $405.00. They now have a “buy” rating on the stock.
  • 4/12/2026 – Western Digital was downgraded by Wall Street Zen from “buy” to “hold”.
  • 4/8/2026 – Western Digital had its “outperform” rating reaffirmed by Evercore Inc. They now have a $378.00 price target on the stock.
  • 4/6/2026 – Western Digital had its price target raised by Morgan Stanley to $380.00. They now have an “overweight” rating on the stock.
  • 4/4/2026 – Western Digital was upgraded by Wall Street Zen from “hold” to “buy”.
  • 3/31/2026 – Western Digital was downgraded by Zacks Research from “strong-buy” to “hold”.
  • 3/31/2026 – Western Digital was upgraded by Sanford C. Bernstein from “market perform” to “outperform”. They now have a $340.00 price target on the stock.

Western Digital Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Friday, June 5th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. This is a positive change from Western Digital’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, June 5th. Western Digital’s dividend payout ratio is presently 2.99%.

Insider Activity

In other news, CEO Irving Tan sold 20,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $411.84, for a total transaction of $8,236,800.00. Following the completion of the transaction, the chief executive officer owned 598,150 shares of the company’s stock, valued at approximately $246,342,096. The trade was a 3.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vidyadhara K. Gubbi sold 10,148 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $270.31, for a total value of $2,743,105.88. Following the transaction, the insider owned 107,794 shares of the company’s stock, valued at approximately $29,137,796.14. This represents a 8.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 53,679 shares of company stock valued at $18,049,314. 0.18% of the stock is currently owned by company insiders.

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.

Recommended Stories

Receive News & Ratings for Western Digital Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Digital Corporation and related companies with MarketBeat.com's FREE daily email newsletter.