Western Digital (WDC) Stock Outlook After November 21, 2025: AI Storage Boom, ESOP Shelf Offering and Wall Street Price Targets
Western Digital shares have surged over 240% in the past year, trading near $182 with a market cap above $62 billion, after spinning off its Flash business and focusing on enterprise and cloud storage. Fiscal Q1 2026 revenue rose 27% to $2.82 billion, with non-GAAP EPS up 137% year over year. Hedge funds and institutional investors have increased stakes, citing AI-driven demand for data storage.