After a 4x Surge, Is There Anything Left to Gain in Western Digital Corporation (WDC)?

Western Digital Corporation (NASDAQ:WDC) is among the most undervalued tech giants to bargain according to hedge funds. As of December 26, Western Digital Corporation (NASDAQ:WDC) has received a ‘Buy’ standing from 77% of analysts covering the stock. With a median terms people of $182, the banal has an upside imaginable of a meager 0.36%. However, that constricted upside is understandable, arsenic the banal has quadrupled successful 2025, with year-to-date gains of 303%.

On December 17, Mizuho reaffirmed its ‘Outperform’ standing connected the company, with a terms people of $180, close aft an capitalist telephone with the company’s CFO, Kris Sennesael, and VP of IR, Ambrish Srivastava.

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The expert noted that Western Digital Corporation (NASDAQ:WDC) has coagulated visibility with its starring 5 customers, who person acquisition orders successful spot done the extremity of 2026, and 1 lawsuit has orders extending to CY27. What’s adjacent much absorbing is that the institution is engaged successful semipermanent agreements with customers done 2027-2029. Mizuho besides highlighted beardown pricing visibility nether semipermanent agreements, with improved areal density that leads to amended margins and a little lawsuit full outgo of ownership.

On the aforesaid day, Morgan Stanley lifted the terms people connected Western Digital Corporation (NASDAQ:WDC) to $228 from $188, keeping the ‘Overweight’ rating. The steadfast favours unreality capex winners and product-cycle beneficiaries wrong the IT hardware market, remains bearish connected stocks with accrued representation exposure, and stays “increasingly much cautious” connected memory-exposed names, the expert stated successful a year-ahead note.

Western Digital Corporation (NASDAQ:WDC) is simply a California-based institution that provides information retention devices and solutions. Founded successful 1970, the institution offers its products done its machine manufacturers, distributors, and retailers.

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Disclosure: None.