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Asset logo for symbol WDC
Western Digital
WDC59
$68.27arrow_drop_up2.67%$1.78
S&P500
Asset logo for symbol WDC
WDC59

$68.27

arrow_drop_up2.67%

AI Deep-Learning Forecast (WDC)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Western Digital (WDC) Stocklytics Forecast

As we look ahead at the future prospects for Western Digital Corp (WDC), it is important to consider various price predictions and forecasts. With rapid advancements in technology and an increasing demand for storage solutions, Western Digital Corp holds a promising position in the market. The stock price prediction for WDC indicates favorable growth potential. Analysts predict that the stock may experience a steady rise in the coming years, with a particularly positive outlook for 2023. This positive forecast is based on factors such as the company's strong market presence, innovative product offerings, and solid financial performance. With technological advancements driving the need for data storage, Western Digital Corp is well-positioned to capitalize on this growing demand.
Using artificial intelligence (AI) and machine learning algorithms, experts have also provided price targets for Western Digital Corp (WDC). These predictions are based on historical data, market trends, and various other factors. The AI-driven price predictions for WDC are reliable indicators of the stock's potential performance. Additionally, analysts' ratings for Western Digital Corp have been largely positive, suggesting a favorable future for the stock. With a strong track record and a positive outlook, Western Digital Corp provides investors with a potentially lucrative investment opportunity. It is important to note that investing in any stock carries some level of risk and should be approached with caution. However, based on the available information and forecasts, Western Digital Corp (WDC) appears to be a good buy for those seeking growth and value in their investment portfolio.
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Frequently Asked Questions

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What is the analyst price prediction for Western Digital (WDC) stock?
Analysts have set a target price of $55 for Western Digital (WDC), based on forecasts from 28 analysts. The predicted price range extends from a high of $72 to a low of $38. This represents a potential increase of up to 5.46% and a decrease of -44.34% from the current price of $68.27. These forecasts are as of 2023 Jul 19.
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What are the analyst ratings for Western Digital (WDC) stock?
The analyst ratings for Western Digital (WDC) are distributed as follows: 22 analysts recommend buying, 7 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 29 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Western Digital.
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What is the AI price prediction for Western Digital (WDC) stock?
At present, there is no AI or machine-learning-based price prediction available for Western Digital (WDC) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.
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