Western Digital Shares Rocket 2.92% on $430M Volume Ranking 195th in Market Activity

Western Digital (WDC) surged 2.92% on August 25, 2025, with a trading volume of $430 million, ranking 195th in market activity. The stock reached a 52-week high of $78.92, reflecting renewed investor confidence amid a series of strategic and operational developments. Analyst upgrades and institutional activity underscored the stock’s momentum.

BNP Paribas upgraded Western Digital to an Outperform rating, citing improved market positioning. Morgan Stanley maintained its Overweight stance, while Rosenblatt raised its price target to $90 from $53, driven by growing demand for high-capacity storage solutions. Institutional investors also showed interest, with Sound Income Strategies LLC and Clear Street Markets LLC increasing their holdings, and Mizuho raising its target to $87 following Q4 2025 earnings that exceeded expectations. The company reported $1.66 earnings per share and $2.61 billion in revenue, surpassing forecasts and prompting positive revisions from 17 analysts.

Operational progress further bolstered sentiment. Western Digital announced refinancing of a $13.5 billion loan tied to its Kioxia merger, easing liquidity concerns. The company also sold its Milpitas campus for $193 million, addressing short-term cash needs. Product launches, including 22TB/44TB external drives and compact SSDs for portable devices, highlighted its focus on AI-driven storage demand and niche market expansion.

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