Western Digital (WDC) closed sharply higher on November 11, 2026, after a strong September-quarter print and renewed analyst support, with the stock later easing to $305.32 in the supplied technica...
Western Digital (WDC) has been repriced by the market after a beat-and-raise style reaction to its September quarter. Investing.com reported that the company posted revenue of $4.38 billion and EPS of $4.64 versus Street expectations of $4.13 billion and $4.07, with revenue up 55% year over year and 17% quarter over quarter. Non-GAAP gross margin reached 58.1%, up 370 basis points sequentially. Those are the kind of numbers that justify a sharp rerating rather than a drift higher. citeturn0search0turn0search1
That move was reinforced by analyst commentary. Evercore ISI reiterated an Outperform rating and a $575 price target on November 11, 2026, while MarketBeat cited a 28-analyst “Moderate Buy” consensus with an average 12-month target of $591.04. Stockanalysis also showed several bullish targets clustered well above the current share price, including $600 from Bernstein, $660 from Citi after a cut from $740, and $430 from TD Cowen after a cut from $540. citeturn0search0turn0search2turn0search3
47. 63. In plain terms, the short-term bounce is intact, but the intermediate trend has not been repaired yet.
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