Western Digital (WDC) Stock
Major manufacturer of hard drives and flash storage. Here's the price, business snapshot, and what's worth knowing about Western Digital in November 2026.
Western Digital Corporation (WDC) is a global manufacturer of data-storage products, including hard disk drives (HDDs), solid-state drives (SSDs) and flash memory solutions for consumer, enterprise and embedded markets. Investors should know WDC’s revenue depends heavily on demand for storage in PCs, data centres and consumer devices, and on volatile NAND and HDD pricing. The company benefits from scale, product breadth and partnerships across cloud and enterprise customers, but faces fierce competition from other storage vendors and semiconductor cyclical forces. Recent trends include growth in SSD adoption and enterprise storage spending, balanced against potential softness in PC markets and pricing swings. With a market capitalisation around $41.6bn, WDC can offer exposure to secular data growth but comes with earnings and market-cycle risk. This is general educational information, not personalised advice; values can fall as well as rise and past performance is not a guarantee of future returns.
Why It’s Moving
WDC Volatility Deepens as AI Sector Swings Offset Strong Earnings Momentum
- Stocks rebounded sharply on November 6 with WDC jumping 8%, recovering from earlier declines triggered by a lawmaker's call for an AI pause and post-election uncertainty that had previously dragged shares down 5%.
- Fundamentals remain strong despite price action, with fiscal Q1 revenues growing 55% to $4.38 billion and non-GAAP EPS increasing 161% to $4.64, supported by higher-capacity HDD demand and operational efficiencies.
- Analysts highlight a disconnect between valuation risks and growth metrics, noting that while premium valuations and HAMR execution risks warrant caution, the company's gross margin momentum and 88% cloud revenue share signal sustained structural strength.
WDC Volatility Deepens as AI Sector Swings Offset Strong Earnings Momentum
- Stocks rebounded sharply on November 6 with WDC jumping 8%, recovering from earlier declines triggered by a lawmaker's call for an AI pause and post-election uncertainty that had previously dragged shares down 5%.
- Fundamentals remain strong despite price action, with fiscal Q1 revenues growing 55% to $4.38 billion and non-GAAP EPS increasing 161% to $4.64, supported by higher-capacity HDD demand and operational efficiencies.
- Analysts highlight a disconnect between valuation risks and growth metrics, noting that while premium valuations and HAMR execution risks warrant caution, the company's gross margin momentum and 88% cloud revenue share signal sustained structural strength.
Sixth Month Growth Performance
When is the next earnings date for WESTERN DIGITAL CORP (WDC)?
Western Digital has not yet confirmed a specific date for its next earnings release. Based on the company's historical reporting pattern, which typically follows a quarterly cycle of approximately three months, the upcoming report is expected in late January 2027. This forthcoming announcement will cover results for the fiscal quarter ending in December 2026.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Western Digital's stock with a target price of $365.09, indicating growth potential.
Financial Health
Western Digital is performing well with solid profits and cash flow, indicating healthy operations.
Dividend
Western Digital's low dividend yield of 0.2% indicates minimal returns for dividend-seeking investors. If you invested $1000 you would be paid $2 a year in dividends (based on the last 12 months).
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Explore BasketWhy You’ll Want to Watch This Stock
Storage market dynamics
Rising data volumes from cloud and AI can support long-term demand for storage, though revenue can fluctuate with pricing cycles and PC demand.
NAND and HDD mix
WDC’s profitability hinges on its balance of SSD (NAND) and HDD sales — diversification helps but technology shifts can change margins.
Enterprise exposure
Strong relationships with cloud and enterprise customers drive large orders, yet dependence on a few major customers can increase revenue volatility.
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