Toshiba plans HDD expansion as Western Digital stock falls 1.56 percent
Published on 10/06/2026 at 17:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Western Digital (ISIN US9581021055) was last at the substitute price of EUR 387.25 on Tradegate on October 6, 2026 at 10:51 a.m. CEST, down 1.56 percent versus the EUR 393.40 close of October 5, 2026. As Yahoo Finance reported on October 5, 2026, Toshiba plans to expand hard disk drive production capacity for artificial intelligence data centers by fiscal 2027, putting supply and pricing back at the center of the Western Digital debate.
Capacity fears meet strong demand
The Toshiba plan pressured hard disk drive stocks after investors assessed the risk of additional supply. Yahoo Finance reported that Bernstein, Citi and Morgan Stanley expect the hard disk drive supply gap to remain tight through 2028, with Morgan Stanley citing a technology advantage for Western Digital and Seagate.
That creates a clear tension for the company. Capacity expansion is a competitive risk, while the same analyst commentary points to demand that can absorb additional output through 2028.
Quarterly growth sets the counterpoint
MarketBeat reported that Western Digital's latest quarter, released on August 5, 2026, produced adjusted earnings per share of USD 3.56 against USD 3.31 consensus. Revenue reached USD 3.75 billion versus USD 3.70 billion expected and increased 43.80 percent from the prior-year quarter.
The company also set fiscal first-quarter 2027 adjusted earnings-per-share guidance at USD 3.85 to USD 4.15, according to MarketBeat. The comparison matters because the latest quarter combined a USD 0.25 earnings-per-share beat with double-digit revenue growth, giving investors a measurable counterpoint to the capacity concern.
Morgan Stanley keeps a higher target
In a report released on October 5, 2026, Morgan Stanley analyst Erik Woodring reiterated a Buy rating and a USD 676.00 price target, as Markets Insider reported. The same report cited a USD 664.47 average analyst target and a Strong Buy consensus, although those dollar targets are separate from the euro substitute price.
Tradegate quote stays under pressure
The Tradegate substitute price of EUR 387.25 at 10:51 a.m. CEST on October 6, 2026 stood EUR 6.15 below the EUR 393.40 prior close, equal to minus 1.56 percent. Western Digital's primary listing is on NASDAQ, and the company operates in the Technology sector and Computer Hardware industry.
Price source: substitute price Tradegate, Lang & Schwarz without data set.
Western Digital stock facts
- Company: Western Digital Corporation
- ISIN: US9581021055
- Ticker: WDC
- Primary exchange: NASDAQ
- Price substitute Tradegate (as of October 6, 2026, 10:51 a.m. CEST): EUR 387.25
- Change versus prior close: minus 1.56 percent
- Prior close Tradegate (October 5, 2026): EUR 393.40
- Sector / Industry: Technology / Computer Hardware
