Western Digital Trading Volume Plummets 44.31% Ranking 338th in Daily Market

On April 11, 2025, Western Digital (WDC) experienced a significant decline in trading volume, with a total of 2.97 billion shares traded, marking a 44.31% decrease from the previous day. This drop in volume placed WDC at the 338th position in the daily stock market rankings. The stock price of Western Digital also decreased by 1.35%, marking the second consecutive day of decline, with a total decrease of 5.23% over the past two days.

Analysts have provided a range of recommendations for Western Digital, with an average brokerage recommendation of 1.32 on a scale of 1 to 5, indicating a generally positive outlook. The stock is expected to face a challenging short-term trend, with a projected decline of 42.69% over the next three months. However, there is a strong chance that WDC will outperform the market over the next 12 months.

Looking ahead, the average price target for Western Digital over the next 12 months is $78.68, with estimates ranging from $50.50 to $105.00. This optimistic outlook is supported by analysts' expectations of earnings of $1.06 per share for the current quarter, representing a year-over-year increase of 68.3%.