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
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