Western Digital stock: At EUR 311.18, Western Digital stock gains 5.36 percent

Published on 10/23/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rosenblatt set a USD 650.00 target on October 23, 2026. Western Digital stock costs EUR 311.18 on October 23, 2026, up 5.36 percent versus the Xetra close.

Analyst and dividend facts

Rosenblatt Securities cut its Western Digital target from USD 800.00 to USD 650.00 on October 23, 2026.
Western Digital declared a USD 0.18 quarterly dividend payable on December 17, 2026.
Western Digital stock costs EUR 311.18 at Lang & Schwarz on October 23, 2026 at 3:40 p.m. CEST, 5.36 percent above the Xetra close of October 22, 2026.
Western Digital had a USD 129.1 billion market capitalization and a 13.01 price-to-earnings ratio as of October 23, 2026.

Isometrische Lieferkette Datenspeicher, Western Digital, ISIN US9581021055 — Isometrische 3D-Grafik visualisiert Wertschöpfungskette der Datenspeicherproduktion von Western Digital, ISIN US9581021055, schematisch dargestellt, Illustration mit AI erstellt.

Western Digital (ISIN US9581021055) was trading at EUR 311.18 at Lang & Schwarz on October 23, 2026, up 5.36 percent versus the Xetra close of October 22, 2026. MarketBeat reported on October 23, 2026 that Rosenblatt Securities cut its target from USD 800.00 to USD 650.00 while retaining a Buy rating.

At USD 344.92 on the Nasdaq at 9:55 a.m. ET on October 23, 2026, Western Digital was down 2.62 percent from its previous US session close. The USD 650.00 target lies 88.45 percent above that Nasdaq price, keeping the analyst view well above the live US quotation.

Nasdaq range keeps stock volatile

The stock's 52-week Nasdaq range was USD 121.85 to USD 799.87 as of October 23, 2026. Trading volume had reached 3,729,485 shares by 9:55 a.m. ET, while the market capitalization stood at USD 129.1 billion.

The current Nasdaq price was 56.87 percent below the 52-week high and 183.00 percent above the 52-week low. The 13.01 price-to-earnings ratio provides a valuation marker alongside the wide trading range.

Dividend dates add a cash return

In its October 22, 2026 release, Western Digital declared a quarterly cash dividend of USD 0.175 per share. The company set December 4, 2026 as the record date and December 17, 2026 as the payment date.

The dividend announcement gives shareholders two dated reference points, while the analyst target provides a separate valuation signal. Neither changes the fact that the euro quotation is trading above its Xetra base on October 23, 2026.

What does the target imply?

Rosenblatt's USD 650.00 target is materially above the Nasdaq price of USD 344.92, but the euro quotation and the US quotation are separate venue readings. For German investors, the relevant intraday move is the EUR 311.18 price against the Xetra close of EUR 295.35.

Stock trades above Xetra close

Western Digital was trading at EUR 311.18 at Lang & Schwarz on October 23, 2026 at 3:40 p.m. CEST, 5.36 percent above the Xetra close of October 22, 2026 at EUR 295.35.

The further course of trading is shown by the continuously updated real-time quote of Western Digital stock.