Western Digital (WDC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Western Digital Corporation (WDC) Discusses Transformation to Data-Centric Strategy and AI-Driven Storage Innovations Transcript
Recently, Zacks.com users have been paying close attention to Western Digital (WDC). This makes it worthwhile to examine what the stock has in store.
It was almost exactly one year ago that Sandisk ( NASDAQ:SNDK ) was spun off from Western Digital ( NASDAQ:WDC ) as a standalone business.
Western Digital: AI Beneficiary Status Proven - Premium Valuations Overly Done
WDC beats Q2 FY26 earnings and revenue as data center demand and high-capacity HDD adoption surge, with margins expanding and upbeat Q3 guidance.
Western Digital Corporation (WDC) Q2 2026 Earnings Call Transcript
Western Digital (WDC) came out with quarterly earnings of $2.13 per share, beating the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $1.77 per share a year ago.
Western Digital forecast third-quarter revenue above Wall Street estimates on Thursday, signaling that demand for its hard drives and flash storage for AI servers would continue to drive growth.
The data storage company posted a profit of $1.84 billion, boosted by the growth of artificial intelligence.
SanDisk (NASDAQ:SNDK ) and Western Digital (NASDAQ:WDC ) have seen explosive growth over the past year.
WDC sees fiscal Q2 2026 non-GAAP revenue of $2.9B, up 20% year over year, as data center demand and high-capacity drives support growth momentum.