Evercore ISI maintains Western Digital rating
Evercore ISI reiterated an Outperform rating on Western Digital and set a $575 price target, according to an analyst note reported on October 27, 2026. The renewed rating centers on the company’s capital-expenditure outlook.
Additional spending could expand annual shipments
Evercore ISI analyst Amit Daryanani said incremental capital expenditures could add approximately 250 to 450 exabytes of annual shipment capacity for Western Digital. The figure represents an analyst estimate tied to potential future spending, not confirmed capacity additions or realized sales.
Limits of the disclosed outlook
The available reporting identifies the rating, price target and possible shipment effect but does not specify the timing, financing or approvals required for the additional capital spending. It also does not provide evidence that the estimated capacity has been built, deployed or sold.
Next verification point
Western Digital’s future capital-expenditure disclosures and shipment data will determine whether the additional investment discussed by Evercore ISI is approved, implemented and reflected in reported results.
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