Is Western Digital (WDC) One of the Best Aggressive Growth Stocks to Buy?

Western Digital Corporation (NASDAQ:WDC) is one of the 15 Best Aggressive Growth Stocks to Buy Right Now. On November 10, Loop Capital increased its price target on Western Digital Corporation (NASDAQ:WDC) from $190 to $250 while maintaining a Buy rating.

Loop Capital expects demand for hard disk drive capacity to grow in 2025 and the selling price for higher capacity drives to increase. The research firm sees the economic dynamics for Western Digital Corporation (NASDAQ:WDC) as “materially accretive,” “durable,” and still in the “beginning stages.”

Previously, on October 31, UBS increased its price target on Western Digital Corporation (NASDAQ:WDC) from $135 to $145 but kept a Neutral rating. This update came after the company’s fiscal first quarter 2026 report, which UBS described as “solidly better” with good results and guidance. The research firm noted that strong demand, steady prices, and controlled supply helped push Western Digital Corporation’s (NASDAQ:WDC) margins higher.

UBS noted the industry’s hesitation to add more unit capacity, which might be pushing customers towards high-capacity enterprise SSDs (eSSDs). The firm expects this trend to continue as customers get used to using eSSDs for nearline capacity.

UBS increased its EPS estimates for 2026 and 2027 from $7.74/$7.05 to $8.17/$7.45. Despite this, the firm kept its Neutral rating and said that it preferred owning Micron Technology, Inc. (NASDAQ:MU) “in the broader storage/memory complex.”

Western Digital Corporation (NASDAQ:WDC) is an American company that manufactures hard disk drives and other data storage products.

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Disclosure: None. This article is originally published at Insider Monkey.