Western Digital (WDC) shares are up 4% to $553.58 today. - This rebound follows a positive forecast from Susquehanna, which raised its price target for WDC, and generally constructive views from other analysts. - The company is also benefiting from robust AI storage demand, pricing strength, and improving fundamentals, including higher fiscal 2026 and 2027 earnings estimates. - The move comes after recent chip-sector weakness and pressure on AI hardware, but strong quarterly results (EPS of $2.72, revenue up 45.5% year-over-year) provide underlying support.
🟢 WDC Rebounds on Positive Analyst Forecast and Strong AI Storage Demand
Western Digital Corporation
Related News
WDC
🟢 Western Digital rises 4.2% — Memory Chip Stocks Rally on Surging AI Demand
WDC
🟢 Western Digital rises 4.1% — Memory Chip Stocks Rally on Continued AI-Driven Demand and Supply Shortages
WDC
Western Digital Buys AUO Singapore Plant, Strengthening Southeast Asia Supply Chain
WDC
🔴 Western Digital is trading 5.3% down today amid broader weakness in AI-linked storage stocks
WDC