Western Digital stock: Bank of America lifts target to USD 800

Published on 10/22/2026 at 18:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal fourth-quarter revenue rose 43.80 percent to USD 3.75 billion. Western Digital stock costs EUR 314.55 on October 22, 2026, plus 0.16 percent versus Xetra close.

Bank target and earnings figures

Bank of America raised its Western Digital target to USD 800 from USD 720 on October 21, 2026.
Fiscal fourth-quarter revenue reached USD 3.75 billion, up 43.80 percent year over year.
Western Digital stock costs EUR 314.55 at Lang & Schwarz on October 22, 2026 at 6:03 p.m. CEST, 0.16 percent above the Xetra close of October 22, 2026 and 55.91 percent below the 52-week high.
The next earnings conference call is listed for October 23, 2026.

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Western Digital (ISIN US9581021055) drew a higher USD 800 price target from Bank of America, up from USD 720 on October 21, 2026, according to MarketBeat. The target is 126.87 percent above the USD 352.63 Nasdaq price at 12:06 p.m. ET on October 22, 2026. After the Xetra close, the stock was trading at EUR 314.55 at Lang & Schwarz on October 22, 2026 at 6:03 p.m. CEST, plus 0.16 percent versus the Xetra close of October 22, 2026.

Higher prices support the target

Bank of America expects Western Digital's average price per terabyte to rise 24.00 percent year over year in the fiscal first quarter. The firm also projects exabyte shipments to increase 21.00 percent, below management's longer-term target of 25.00 percent, as The State reported on October 21, 2026.

Western Digital sits below its high

The Nasdaq quote of USD 352.63 on October 22, 2026 places Western Digital 55.91 percent below its 52-week high of USD 799.87 and 189.66 percent above its low of USD 121.72. Trading volume reached 4,321,760 shares, while the price-to-earnings ratio stood at 14.21.

Earnings dates and recent results

Benzinga said on October 22, 2026 that Western Digital would report fiscal first-quarter results after the market close. The company had generated fiscal fourth-quarter revenue of USD 3.75 billion, up 43.80 percent year over year, and adjusted earnings per share of USD 3.56 versus USD 3.31 expected, according to MarketBeat's October 19, 2026 report. The next conference call is listed for October 23, 2026 at 4:30 a.m. ET by Moomoo.

Comparison with peers

On October 22, 2026, Western Digital's Lang & Schwarz change was plus 0.16 percent, its price-to-earnings ratio was 14.21 and its market capitalization was USD 132.0 billion.

Seagate Technology (Nasdaq, USD): down 8.64 percent, price-to-earnings ratio 45.80, market capitalization USD 144.8 billion.
Sandisk (Nasdaq, USD): down 7.23 percent, price-to-earnings ratio 17.41, market capitalization USD 184.8 billion.

Western Digital stock after the Xetra close

For investors, the contrast is clear in the numbers: the analyst target remains far above the current Nasdaq quote, while the latest reported quarter showed 43.80 percent revenue growth. Western Digital stock was trading at EUR 314.55 at Lang & Schwarz on October 22, 2026 at 6:03 p.m. CEST, plus 0.16 percent versus the Xetra close of October 22, 2026 at EUR 314.05. The further course of trading is shown by the continuously updated real-time quote of Western Digital stock.