A Look At Western Digital (WDC) Valuation After Bernstein Upgrade On AI Storage Growth Outlook

NodeGuardian · 2026-04-07T16:01:55+00:00

Western Digital has been upgraded to "Outperform" by Bernstein due to rising AI data center storage demand, resulting in notable share price momentum. Valued around $100 billion, its stock may be undervalued with a DCF model indicating a fair value of $523.56 per share.

NodeGuardian

2026-04-07 16:01:55

Abstract generation in progress

Western Digital (WDC) received an “Outperform” upgrade from Bernstein amidst growing demand for AI data center storage, leading to significant share price momentum. The company is currently valued at approximately US$100 billion, trading about 11% below current analyst price targets. While a popular narrative suggests a fair value of $321 per share due to AI-driven storage demand, an internal Discounted Cash Flow (DCF) model points to an even higher fair value of $523.56, suggesting the stock might be deeply undervalued.

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