Barclays Raises its Price Target on Western Digital (WDC) to $405

On April 21, 2026, Barclays expert Tom O’Malley raised the terms people connected Western Digital Corporation (NASDAQ:WDC) to $405 from $325 and maintained an Overweight standing aft expanding estimates for the hard disk thrust market. Tom O’Malley said manufacture dynamics and a absorption connected little superior spending could enactment a “more permanent” stock re-rating.

A time earlier, UBS expert Timothy Arcuri raised the firm’s terms people to $350 from $285 and kept a Neutral rating. Timothy Arcuri expects results adjacent the apical extremity of Q3 guidance, driven by higher ASPs and beardown hyperscaler demand, with further betterment successful Q4 supported by pricing gains and borderline expansion. The steadfast noted that portion near-term fundamentals stay supported by capableness and request trends, HDD stocks are inactive cyclical, with a longer-term downcycle present pushed to astatine slightest precocious 2028.

Meanwhile, JPMorgan expert Samik Chatterjee raised the firm’s terms people connected Western Digital Corporation (NASDAQ:WDC) to $400 from $320 and maintained an Overweight standing arsenic portion of a Q1 preview crossed the hardware and networking group. Samik Chatterjee said AI infrastructure investments crossed servers, switches, copper interconnects, and optical are expected to thrust upside for AI-related suppliers successful Q1, portion the steadfast besides downgraded 4 names and opened “positive catalyst watches” connected CDW and Seagate.

Western Digital Corporation (NASDAQ:WDC) develops, manufactures, and sells information retention devices and solutions based connected hard disk thrust exertion crossed planetary markets.

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