
Western Digital's stock (WDC) surged to an all-time high of $799.87 in mid-June 2026 before plummeting 49% to the $400-$460 range due to sector deleveraging and concerns over AI capital expenditure. Despite strong fundamentals and bullish Wall Street price targets ranging from $500 to $1,050, technical analysis suggests short-term pullback pressure remains. Investors are advised to build positions in tranches, starting around $400 and adding more if the price drops to the $300 support zone.
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