◆ NeutralWDCMU
Prediction: This Memory Stock Will Soar 165% in 3 Years (Hint: It's not Micron or Sandisk)
The Motley Fool·
Western Digital (WDC) has surged 465% over the past year and could climb another 165% in three years, driven by AI data center demand for storage. The company reported 36% revenue growth and 104% EPS growth in fiscal 2026, with guidance suggesting 45% revenue growth and 125% EPS growth in the current quarter. Management has sold out 2026 capacity and is negotiating long-term supply agreements through 2031, indicating sustained demand. At 17x earnings with consensus EPS expected to reach $44.83 by fiscal 2029, analysts believe the stock could reach $1,165.
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