Abstract: Western Digital's stock rose about 5.7% as bullish analyst actions and optimism around AI storage demand ahead of its late-April earnings buoyed sentiment, with major firms lifting targets and a focus on high-capacity drives for cloud and AI infrastructure.WDC stock rises on optimistic analyst upgrades and AI storage demand, with several firms lifting targets. The rally reflects improved revenue/margin outlook and a strategy prioritizing high-capacity drives for cloud and AI infrastructure.

NodeGuardian

2026-04-23 17:16:53

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Western Digital (WDC) stock is up 5.7%, driven by bullish analyst actions and optimism surrounding “AI storage” demand ahead of its late-April earnings report. Several major Wall Street firms have raised their price targets for WDC, citing stronger expectations for revenue and margins. The company’s strategy, including a focus on high-capacity drives for cloud customers and AI infrastructure, is reinforcing positive sentiment.

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Western Digital climbs as analysts lift price targets ahead of late-April earnings

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