MarketBeat flags Toshiba risk. Western Digital stock trades 1.08 percent below Xetra close
Published on 10/12/2026 at 12:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- MarketBeat identified Toshiba's planned HDD expansion as a supply risk for Western Digital on October 9, 2026.
- Western Digital reported fiscal fourth-quarter revenue of USD 3.75 billion, up 44.00 percent year over year, and non-GAAP diluted earnings per share of USD 3.56.
- The stock was trading at EUR 349.33 at Lang & Schwarz on October 12, 2026, down 1.08 percent versus the Xetra close of October 9, 2026 at EUR 353.15.
- The next reported earnings date is October 29, 2026.
Western Digital (ISIN US9581021055) was trading at EUR 349.33 at Lang & Schwarz on October 12, 2026 at 12:19 p.m. CEST, down 1.08 percent versus the Xetra close of October 9, 2026 at EUR 353.15. MarketBeat cited Toshiba's planned hard-disk-drive expansion as a supply risk for Western Digital on October 9, 2026, while reporting a consensus target of USD 620.67.
Three dates frame the risk
On August 5, 2026, Yahoo Finance reported Western Digital's fiscal fourth-quarter revenue of USD 3.75 billion, up 44.00 percent year over year. Non-GAAP diluted earnings per share reached USD 3.56, up 109.00 percent year over year, and gross margin reached 54.40 percent.
On October 7, 2026, MarketBeat reported that Zacks Research cut Western Digital from Strong Buy to Hold. The same report cited an average target of USD 534.56 from 25 analysts, giving the rating change a measurable contrast with the broader analyst view.
On October 9, 2026, MarketBeat listed Toshiba's planned HDD capacity increase as a risk to future pricing and margins. The report also cited Western Digital's concentrated customer base and elevated valuation as counterweights to the strong operating figures.
What does demand mean for margins?
The fiscal fourth-quarter figures show why the Toshiba issue matters. Cloud revenue was USD 3.30 billion, representing 89.00 percent of total revenue and increasing 43.00 percent year over year, according to Yahoo Finance. Western Digital also delivered 231 exabytes, up 22.00 percent year over year, while its gross margin expanded to 54.40 percent.
Management's fiscal first-quarter 2027 outlook called for revenue of USD 4.10 billion plus or minus USD 100.00 million and gross margin of 55.00 percent to 56.00 percent. That forecast implies midpoint revenue growth of 45.00 percent year over year, but the margin outlook leaves pricing power central to the investment case.
Next dates include October 29
Finzer lists October 29, 2026 as Western Digital's next earnings date. The report will give investors a new test of whether demand growth can offset the supply concerns raised by Toshiba's expansion plans.
Western Digital stock stays below Xetra close
Western Digital was trading at EUR 349.33 at Lang & Schwarz on October 12, 2026 at 12:19 p.m. CEST, or EUR 3.82 below the Xetra close of October 9, 2026 at EUR 353.15. The further course of trading is shown by the continuously updated real-time quote of Western Digital stock.
Western Digital stock facts
- Company: Western Digital Corporation
- ISIN: US9581021055
- Ticker: WDC
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 12, 2026, 12:19 p.m. CEST): EUR 349.33
- Change versus Xetra close: minus 1.08 percent
- Xetra close (October 9, 2026): EUR 353.15
- Market capitalization: USD 136.9 billion (as of October 9, 2026)
- 52-week range: USD 112.52-799.87 (as of October 9, 2026)
- Sector / Industry: Information Technology / Computer Hardware
- Next earnings date: October 29, 2026
Market context: Market report Nasdaq Composite.
