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Western Digital/$WDC

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About Western Digital

Western Digital is a leading vertically integrated supplier of hard disk drives. The HDD market is essentially a duopoly, with Western Digital and Seagate as the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. Data centers are the primary consumers of HDDs.
Ticker
$WDC
Sector
Digital Hardware
Primary listing
NASDAQ
Employees
40,000

Western Digital Metrics

BasicAdvanced
$137B
14.21
$25.77
2.17
$0.55
0.16%

What the Analysts think about Western Digital

Analyst ratings (Buy, Hold, Sell) for Western Digital stock.
Analyst projections of the future price of Western Digital stock.

Bulls say / Bears say

Q1 FY27 revenue rose 55% year on year and non-GAAP gross margin reached 58.1%. Management’s Q2 forecast points to further growth, with revenue of about $5.1 billion and gross margin of 60% to 61%. (Western Digital)
Western Digital says demand is broadening beyond hyperscalers to neoclouds and AI frontier labs, while hyperscalers are discussing supply needs into 2030 and 2031. That could give the company a longer demand runway and a broader customer base. (The Wall Street Journal, Bloomberg)
The 40-terabyte ePMR drive is ramping faster than earlier product transitions, and Western Digital expects it to account for about half of nearline shipments by Q3 FY27. The company also plans to begin HAMR volume shipments in the first half of 2027, creating a path to higher-capacity products. (The Motley Fool)
Toshiba reportedly plans to roughly double HDD production capacity for AI data centres. If that extra supply reaches the market, it could loosen tight conditions and weaken Western Digital’s pricing power. (Yahoo Finance)
Cloud accounted for 89% of FY26 revenue and the top ten customers for 73%, with three customers each contributing at least 10%. Western Digital warns that hyperscalers could cut AI infrastructure investment, leaving results exposed to spending changes or tougher price negotiations. (SEC)
Management expects capital spending to run modestly above its usual 4% to 6% of revenue range over the next two years, while also flagging rising input costs. If those costs cannot be offset or passed on, they could constrain margin and cash-flow gains. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.

Western Digital Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Western Digital Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Western Digital

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