Western Digital stock price rises on fresh Wall Street target hikes — what traders watch before earnings

New York, January 20, 2026, 12:49 PM EST — Regular session

  • Shares of Western Digital climbed roughly 2% midday, boosted by several brokerages raising their price targets
  • Rosenblatt spots rising hard drive prices and strong demand; BofA expects results near the upper range of guidance
  • Attention turns to Western Digital’s quarterly report on Jan. 29, with a close eye on how management views pricing and capacity.

Western Digital Corp (WDC.O) climbed roughly 2% to $226 in midday trading Tuesday, buoyed by a wave of Wall Street upgrades. Analysts pointed to stronger pricing and robust data-center demand as the key drivers behind the higher price targets for the hard-drive maker.

The gain was notable amid a…

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