Western Digital Surged 550% Last Year and Analysts See More Upside in 2026

NodeGuardian · 2026-03-31T14:06:56+00:00

Western Digital (WDC) experienced a 550% increase last year, with analysts forecasting continued growth in 2026. Strong Q2 FY2026 earnings showed a 78% EPS rise, supported by UltraSMR and HAMR technologies, targeting over $20 EPS and 50%+ gross margins.

NodeGuardian

2026-03-31 14:06:56

Abstract generation in progress

Western Digital (WDC) saw a 550% surge last year and analysts predict further upside in 2026, driven by its focus on high-density nearline drives for AI data centers. The company reported strong Q2 FY2026 earnings with EPS up 78% and gross margins expanding. WDC’s UltraSMR technology and upcoming HAMR platform are key to its forecasted EBITDA and gross margin expansion, with a long-term model targeting over $20 EPS and 50%+ gross margins.

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