WESTERN DIGITAL CORP
Western Digital develops, manufactures and provides data storage devices and solutions based on hard disk drive (HDD) technology. Headquartered in San Jose, California, it serves cloud data centers, enterprise storage, edge computing, smart video, computer manufacturers, OEMs, channel customers and consumers. Its products are sold under the Western Digital and WD brands across three end markets: Cloud, Client and Consumer. Western Digital supplies high-capacity enterprise HDDs for public and private cloud environments and enterprise customers, HDDs for desktop and notebook computers, and external HDD storage products for consumers through retail and channel partners worldwide. It sells to hyperscale cloud service providers, neoclouds, computer manufacturers, OEMs, resellers, distributors and retailers. It designs and manufactures substantially all of the recording heads and magnetic media used in its HDD products, while sourcing other components and materials externally.
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Western Digital (WDC) reported a 55% revenue increase in its fiscal first quarter, exceeding guidance. The company expects 66-72% revenue growth in the current quarter, driven by cloud demand and high-capacity drives. WDC's forward P/E is 9, with a 47% expected revenue growth rate for 2027, making it a top pick among hedge funds.
Western Digital (WDC) raised its dividend by 17%, reported a 46.7% operating margin, and forecasted Q2 revenue of $5.1B, above analyst expectations. The company expects storage demand to grow over 25% annually, driven by AI, and is developing higher-capacity drives. Analysts anticipate significant earnings growth, with a consensus 'Strong Buy' rating and an average price target of $617.78.
Western Digital (WDC) reported $3.9B in cloud revenue (88% of total) for Q1 2027, up 54% YoY. The company expects its ePMR platform to drive growth, with strong demand visibility through 2030. However, reliance on cloud storage and competition from Seagate (STX) and NetApp (NTAP) pose risks. WDC shares fell 17.1% in the past month, trading at a 12.16X forward P/E.
Over the past 7 days, AlphAI's AI scored 23 news stories mentioning WDC (WESTERN DIGITAL CORP). Coverage has skewed bullish: 10 bullish, 6 neutral, and 7 bearish.
Recent WDC coverage spans market movers, earnings and financial news.
In the last 30 days, WDC insiders filed 13 SEC Form 4 transactions — no purchases and 13 sales ($1.9M). The most active reporter was Cole Martin I with 12 filings. 100% of those filings were made under pre-arranged Rule 10b5-1 plans.
The article frames WDC’s AI-driven storage demand and improving profitability as accelerating, with near-term guidance and early heat-assisted recording volume shipments.
The dividend raise is positive but the news is a recap of already‑public earnings, offering limited new catalyst.
Strong cloud revenue growth and guidance lift suggest upside potential.
Pressure may extend to WDC given sector‑wide sentiment.
AI‑driven memory demand supports price.
AlphAI scores every news story that mentions WDC with an AI model for sentiment and relevance, and aggregates insider trades from WESTERN DIGITAL CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.
Western Digital (WDC) reported a 55% revenue increase in its fiscal first quarter, exceeding guidance. The company expects 66-72% revenue growth in the current quarter, driven by cloud demand and high-capacity drives. WDC's forward P/E is 9, with a 47% expected revenue growth rate for 2027, making it a top pick among hedge funds.
6 min readWestern Digital (WDC) raised its dividend by 17%, reported a 46.7% operating margin, and forecasted Q2 revenue of $5.1B, above analyst expectations. The company expects storage demand to grow over 25% annually, driven by AI, and is developing higher-capacity drives. Analysts anticipate significant earnings growth, with a consensus 'Strong Buy' rating and an average price target of $617.78.
2 min readWestern Digital (WDC) reported $3.9B in cloud revenue (88% of total) for Q1 2027, up 54% YoY. The company expects its ePMR platform to drive growth, with strong demand visibility through 2030. However, reliance on cloud storage and competition from Seagate (STX) and NetApp (NTAP) pose risks. WDC shares fell 17.1% in the past month, trading at a 12.16X forward P/E.
3 min readMicron (MU) fell 4% to $85.34 after Kioxia Holdings issued a cautious outlook, dragging down memory stocks. Kioxia's Q4 operating profit forecast missed estimates, despite strong AI data center demand. Micron reported Q4 FY2026 revenue of $54.23B, up 379% YoY, and forecast Q1 FY2027 revenue of $61.5B. Western Digital (WDC) dropped 5%, and SanDisk (SNDK) fell 3%.
3 min readCrowdStrike (CRWD) +3.4% after Deutsche Bank upgrade; Rivian (RIVN) +3.8% on UBS upgrade. Memory stocks Micron (MU), SanDisk, Western Digital +2% each. Estée Lauder (EL) +3.5% on earnings beat and raised outlook. Marvell (MRVL) +3% after agreeing to acquire Lumentum (LITE) in $115B deal.
2 min readWestern Digital (WDC) stock is down 51% from its June high despite a recent 7% bounce. The company's adjusted earnings per share grew 161% year over year. Analysts project a $500 share price by 2030, assuming 15% annual earnings growth and a P/E ratio of 15. Revenue and profitability have improved due to higher hard drive prices and increased demand.
3 min readWestern Digital (WDC) reported Q1 revenue of $4.4B, up 55% YoY, with strong margins and debt reduction. Despite beating expectations, shares fell 25% in 30 days amid broader AI sector concerns. The company projects Q2 revenue of $5.1B and continued growth in data storage demand.
3 min readCole Martin I sold 4,000 shares of WESTERN DIGITAL CORP (WDC) at an average of $395.47 ($390.04–$401.47, $1.58M total) across 12 trades on 2026-10-29 under a Rule 10b5-1 trading plan.
1 min readSK Hynix's U.S.-listed shares dropped 7% on Friday, despite record Q3 revenue of 104.6 trillion won and an 80% operating margin. The decline was driven by a broader selloff in AI-linked stocks and concerns about AI spending. Analysts maintained positive ratings, citing the company's leadership in next-generation HBM4 memory. The stock has been volatile since its July Nasdaq debut, trading at $151.29, down from a 52-week high of $199.87.
6 min readWestern Digital shares fell 6.9% in morning trading, impacted by a sector-wide selloff following SanDisk's post-earnings decline, despite SanDisk's strong quarterly results. Western Digital's decline was exacerbated by insider selling and broader tech sector weakness, with the stock trading well below its 52-week high.
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