Western Digital Price Target Raised from $85 to $115 Amid 17% Growth Outlook
+22.75%current return
"Western Digital shares, ticker WDC, are up more than 5% at the moment. Price target also raised for this company to 115 from $85 at Benchmark. Bloomberg Intelligence is projecting 17% sales growth for fiscal 2026 with margin expansion and potential EPS growth of about 2% above consensus."
— Scarlett Fu
Western Digital (WDC) has seen its price target upgraded from $85 to $115 at Benchmark, with strong support from Bloomberg Intelligence projecting a 17% sales growth in fiscal 2026 along with margin expansion and EPS growth. The sustained trading volume and winning streak make WDC a compelling buy.
Trade CallBullish
High ConvictionScore: 8.1
Stock Idea •Stock Movers • about 1 month ago
Western Digital Buy Call Based on Valuation Discount and Upgraded Price Target
+36.60%current return
"Morgan Stanley ended up naming Western Digital (WDC) as its top pick, boosting its price target to $99 from a previous $92. They highlighted the 20% valuation discount compared to larger peers, suggesting that management improvements could unlock future gains."
— Jess Menton
Western Digital is being positioned as a buy due to its significant valuation discount and an upgraded price target from Morgan Stanley. The catalyst is an expected improvement in management and fundamentals, making it an actionable swing trade opportunity.
Trade CallBullish
High ConvictionScore: 8.2
Stock Idea •Stock Movers • about 2 months ago