Western Digital remains a high-conviction AI storage play, delivering 114% returns since March and outperforming on Q3 FY26 results. WDC's balance sheet is now net cash positive, following significant deleveraging, increased buybacks, and a robust capital return program. Demand is exceptionally strong, with 2026 capacity sold out, LTAs into 2029, and pricing accelerating on persistent supply-demand imbalances.
Western Digital will report results for its fiscal fourth quarter after the closing bell on Wednesday, August 5, giving investors another important read on enterprise storage demand and the ongoing AI infrastructure buildout.
Western Digital (WDC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Western Digital Corporation WDC is set to report fiscal fourth-quarter 2026 results on Wednesday, after market close.
Zacks.com users have recently been watching Western Digital (WDC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Western Digital TodayWDCWestern Digital$456.22 -41.71 (-8.38%) As of 12:40 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$69.30▼$799.87Dividend Yield0.13%P/E Ratio27.15Price Target$520.32Add to WatchlistFew stocks capture the euphoria and the anxiety of the artificial intelligence (AI) storage boom quite like Western Digital Corporation NASDAQ: WDC.
Western Digital's AI storage focus and stronger financial footing make it stand out against Super Micro as both target the booming AI infrastructure market.
Memory stocks are extending their rebound Tuesday morning, with SanDisk (NASDAQ:SNDK | SNDK Price Prediction) up 8% to $1,504, Western Digital (NASDAQ:WDC) up 9% to $531, and Micron Technology (NASDAQ:MU) up 7% to $923.
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.
WDC sees AI-driven data growth fueling long-term HDD demand as new storage technologies and its focused strategy target hyperscale opportunities.
In the latest trading session, Western Digital (WDC) closed at $513.84, marking a -8.78% move from the previous day.
The latest trading day saw Western Digital (WDC) settling at $555.55, representing a -4.64% change from its previous close.