Western Digital stock: Morgan Stanley cuts target to USD 643, slightly lower pre-market
Published on 10/21/2026 at 08:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst action and market context
- Morgan Stanley reduced its Western Digital target to USD 643 from USD 676 on October 20, 2026.
- U.S. after-hours trading showed Western Digital at USD 364.32 on October 20, 2026.
- Western Digital stock trades pre-market at EUR 333.10 at 8:33 a.m. CEST at Lang & Schwarz on October 21, 2026, minus 0.43 percent below the Xetra close of October 20, 2026.
On October 20, 2026, Investing.com reported that Morgan Stanley lowered its price target for Western Digital to USD 643 from USD 676. Western Digital stock trades pre-market at EUR 333.10 at 8:33 a.m. CEST at Lang & Schwarz on October 21, 2026, minus 0.43 percent below the Xetra close of October 20, 2026 (EUR 334.55).
Morgan Stanley revises target
The report attributed the target reduction to uncertainty around competition and artificial-intelligence funding, while Morgan Stanley maintained an Overweight rating. The analysts said their forecasts were 10 percent above consensus for Western Digital and expected stronger-than-anticipated December-quarter guidance, according to Investing.com.
Ahead of the Xetra open
The pre-market indication is EUR 1.45 below the Xetra reference. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Western Digital stock.
How Western Digital makes money
Western Digital develops and sells data-storage products, including hard drives for personal computers, network-attached storage, gaming, data centers and artificial-intelligence applications, as described on the company website. Market context: Market report S&P 500.
