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Home/News Feed/Western Digital stock soars 612% in a year, boosted by AI demand and bullish analyst upgrades.
WDC
$497.46
-$16.38 -3.19%

Western Digital stock soars 612% in a year, boosted by AI demand and bullish analyst upgrades.

Analyst Insights
02 Apr 2026
Finbold
View Source
Bullish
pluang ai news

Western Digital's stock price surged 612% over the past year, rising from $41.78 to $297.73, driven largely by strong demand for storage from AI companies. Recently, Bernstein analyst Mark Newman upgraded the stock to a 'Buy' rating and raised the 12-month price target from $170 to $340, citing AI demand as a key factor. Wall Street consensus remains bullish with an average price target near $327, though some caution exists due to market volatility and geopolitical risks. Despite a slight correction, Western Digital's rally appears supported by ongoing AI-driven growth prospects.

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