Western Digital stock falls 27.43% despite stronger outlook
Published on 11/07/2026 at 11:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStrong Results Meet Sharper Volatility
- Western Digital reported fiscal first-quarter revenue of USD 4.381 billion, up 55 percent year over year.
- Management expects fiscal second-quarter revenue of USD 5.1 billion at the midpoint and non-GAAP EPS of USD 5.80.
- The quarterly dividend rises to USD 0.175, with payment scheduled for December 17, 2026.
Western Digital stock fell 27.43 percent over the week through Friday, November 6, even as the company delivered stronger fiscal first-quarter results and lifted its near-term outlook. On Saturday, November 7, the stock traded at 238.20 euros on Lang & Schwarz at 11:20 CET, 0.11 percent above the Xetra close of Friday, November 6.
Western Digital reported the results for the quarter ended October 2 on October 22. According to the Western Digital investor release, revenue reached USD 4.381 billion, up 55 percent from a year earlier. GAAP diluted earnings per share were USD 4.63, while non-GAAP diluted earnings per share rose 161 percent to USD 4.64.
Guidance Points To Further Growth
Management expects fiscal second-quarter revenue of USD 5.1 billion at the midpoint of a USD 100 million range. The company guides to a non-GAAP gross margin of 60 to 61 percent and non-GAAP diluted earnings per share of USD 5.80, plus or minus USD 0.20. The outlook reflects continued demand for storage and improved pricing, but it also leaves the share price exposed to changing expectations for supply and pricing conditions.
Cash generation was also strong. Operating cash flow reached USD 1.604 billion and free cash flow was USD 1.377 billion in the reported quarter. Western Digital said the board raised the quarterly cash dividend by 17 percent to USD 0.175 per share. The dividend is payable on December 17 to shareholders of record at the close of business on December 4.
Volatility Dominates The Weekly Picture
The Xetra close was EUR 327.90 on Friday, October 30, and EUR 237.95 on Friday, November 6. That decline places the weekly move well beyond the threshold for a material weekly balance, despite the company-specific operating momentum.
The real-time quote of Western Digital stock provides the latest trading indication for investors tracking the European session.
Western Digital Corporation
- ISIN: US9581021055
- Latest Lang & Schwarz quote: EUR 238.20 on November 7, 2026, at 11:20 CET
- Xetra close: EUR 237.95 on November 6, 2026
- Weekly comparison: EUR 327.90 on October 30 to EUR 237.95 on November 6
- Fiscal first-quarter revenue: USD 4.381 billion
- Fiscal second-quarter revenue outlook: USD 5.1 billion midpoint
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