Western Digital Corporation Surges to 159th in Daily Trading Volume with $588 Million in Shares Exchanged

On June 13, 2025, Western Digital Corporation (WDC) saw a significant surge in trading volume, with a total of $588 million in shares exchanged, marking a 191.99% increase from the previous day. This substantial trading activity placed WDC at the 159th position in terms of daily trading volume among all stocks. However, despite the high trading volume, WDC's stock price experienced a slight decline of 0.14%.

Western Digital Corporation is anticipated to report earnings of $1.47 per share for the current quarter, reflecting a 2.1% increase from the same period last year. This positive earnings outlook is likely to influence investor sentiment and potentially drive stock price movements in the coming weeks.

Analysts have set a range of price targets for WDC, with the highest target at $90.00 and the lowest at $40.00. The average price target suggests a potential upside of 13.60%, indicating that analysts are generally optimistic about the company's future performance. This range of price targets provides investors with a sense of the potential risks and rewards associated with investing in WDC.

Western Digital Corporation has been identified as one of the best inexpensive stocks to buy right now. On June 9, Bank of America raised its price target for WDC, which could be seen as a vote of confidence in the company's prospects. This positive sentiment from a major financial institution may attract more investors to WDC, potentially driving up the stock price in the near term.