Core Insights - Western Digital Corporation (NASDAQ:WDC) is recognized as one of the 15 Best Aggressive Growth Stocks to Buy currently [1] - Loop Capital raised its price target for Western Digital from $190 to $250 while maintaining a Buy rating [1] - UBS also increased its price target from $135 to $145 after a solid fiscal first quarter 2026 report, but kept a Neutral rating [2][3] Company Performance - Loop Capital anticipates a growth in demand for hard disk drive capacity in 2025, with an expected increase in selling prices for higher capacity drives [2] - UBS described Western Digital's fiscal first quarter 2026 results as "solidly better," attributing this to strong demand, steady prices, and controlled supply, which improved margins [2][3] - UBS raised its EPS estimates for 2026 and 2027 from $7.74/$7.05 to $8.17/$7.45 [3] Industry Trends - The industry is hesitant to add more unit capacity, leading customers to prefer high-capacity enterprise SSDs (eSSDs) [3] - This trend is expected to continue as customers adapt to using eSSDs for nearline capacity [3]
Is Western Digital (WDC) One of the Best Aggressive Growth Stocks to Buy?