Western Digital Corporation (WDC) Included in 2026 S&P Dow Jones Best-in-Class Index North America

Western Digital Corporation (NASDAQ:WDC) is among the 10 Stocks That Will Make You Rich Over the Next Decade. On May 14, the company announced its inclusion in the 2026 S&P Dow Jones Best-in-Class Index North America, effective May 1.

Western Digital Corporation (WDC) Included in 2026 S&P Dow Jones Best-in-Class Index North America

This is the first instance that it has been included in the index. The company described the milestone as an acknowledgment of its work in developing sustainable infrastructure for AI systems.

In other news, Western Digital Corporation (NASDAQ:WDC) continues to be on analysts’ radar and currently sports a Strong Buy rating based on 16 analysts’ recommendations. It has an average share price upside potential of 5% as of the close on May 15.

On May 6, Mizuho lifted its price target on the stock to $550 from $470, citing favorable AI trends, according to a report on Seeking Alpha. The firm reiterated an Outperform rating on the shares.

The company reported strong results for the third quarter of 2026, with revenue growing 45% year-over-year to $3.34 billion and beating estimates of $3.25 billion. Diluted EPS came in at $2.72, surpassing expectations by 33 cents. It has forecast revenue of $3.65 billion for Q4, well above Wall Street estimates, driven by AI storage demand.

Western Digital Corporation (NASDAQ:WDC) is a technology company that develops and provides data storage devices and solutions, playing a vital role in ensuring certainty in the AI-driven data economy.

While we acknowledge the risk and potential of WDC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WDC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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