Why Western Digital Corporation’s (WDC) Stock Is Down 6.01%

By Jenna Brashear
May 21, 2026
Featured Tickers:
WDC

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Western Digital Corporation before investing.

In this article, we go over a few key elements for understanding Western Digital Corporation’s stock price such as:

  • Western Digital Corporation’s current stock price and volume
  • Why Western Digital Corporation’s stock price changed recently
  • Upgrades and downgrades for WDC from analysts
  • WDC’s stock price momentum as measured by its relative strength

About Western Digital Corporation (WDC)

Before we jump into Western Digital Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa. The company offers internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. It sells its data storage devices and solutions through its computer manufacturers, sales personnel, dealers, distributors, and retailers. The company has a collaboration with Open Quantum Design for the development of quantum error correction technology and related systems to advance reliable quantum computing. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

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Western Digital Corporation’s Stock Price as of Market Close

As of May 21, 2026, 2:18 PM, CST, Western Digital Corporation’s stock price was $480.270.

Western Digital Corporation is up 4.49% from its previous closing price of $459.620.

During the last market session, Western Digital Corporation’s stock traded between $458.870 and $483.670. Currently, there are approximately 342.00 million shares outstanding for Western Digital Corporation.

Western Digital Corporation’s price-earnings (P/E) ratio is currently at 25.2, which is low compared to the Technology Hardware, Storage & Peripherals industry median of 28. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Western Digital Corporation Stock Price History

Western Digital Corporation’s (WDC) price is currently up 10.53% so far this month.

During the month of May, Western Digital Corporation’s stock price has reached a high of $525.150 and a low of $404.000.

Over the last year, Western Digital Corporation has hit prices as high as $525.150 and as low as $49.000. Year to date, Western Digital Corporation’s stock is up 178.79%.

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What Caused Western Digital Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 20, 2026, there was 1 analyst who downgraded Western Digital Corporation’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Western Digital Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Western Digital Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Western Digital Corporation’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Western Digital Corporation (WDC) by visiting AAII Stock Evaluator.

Relative Price Strength of Western Digital Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 20, 2026, Western Digital Corporation has a weighted four-quarter relative price strength of 62.48%, which translates to a Momentum Score of 98 and is considered to be Very Strong.

Want to learn more about how Western Digital Corporation is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Western Digital Corporation Stock Price: Bottom Line

As of May 21, 2026, Western Digital Corporation’s stock price is $480.270, which is up 4.49% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Western Digital Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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