Western Digital stock reports 44 percent revenue growth

Published on 10/06/2026 at 18:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Western Digital stock follows a 44 percent fiscal Q4 revenue gain reported on August 5, 2026. The October 6 price was USD 412.65, down 6.56 percent.

Bauhaus-Poster mit Server-Grafik, Sektor TECH, Western Digital US9581021055 — Bauhaus-Poster mit geometrischen Formen symbolisiert Datenspeicher-Sektor von Western Digital, ISIN US9581021055, in klaren Farben, Illustration mit AI erstellt.

Western Digital (ISIN US9581021055) was trading at USD 412.65 on Nasdaq on October 6, 2026, down 6.56 percent from the previous close. The move puts the storage maker's latest operating figures against a sharper market test around hard-drive supply and pricing.

Revenue rose 44 percent

For fiscal Q4 2026, Western Digital reported revenue of USD 3.75 billion, up 44 percent year over year, and adjusted earnings of USD 3.56 per share. Tickeron reported those figures on October 2, 2026, citing the results released in early August.

The comparison is important because the same quarter combined higher sales with a major earnings beat. Western Digital's fiscal Q1 2027 outlook calls for revenue of USD 4.1 billion plus or minus USD 100 million, non-GAAP gross margin of 55 percent to 56 percent and adjusted EPS of USD 4.00 plus or minus USD 0.15, according to Zacks on September 8, 2026.

Cash flow supports the outlook

Zacks said Western Digital generated USD 3.93 billion in operating cash flow during fiscal 2026, up 132 percent year over year, while free cash flow rose 145 percent to USD 3.51 billion. The company returned USD 3.1 billion to shareholders through dividends and repurchases during that fiscal year.

That cash profile gives the company room to fund storage technology and shareholder returns, but the operating debate has shifted toward supply. Trefis reported that fiscal Q4 gross margin reached 54.4 percent, up 13.1 percentage points from a year earlier, while cloud customers represented 89 percent of revenue.

Consensus stays above the market

According to Financhill on October 4, 2026, 26 Wall Street analysts carried a Buy consensus and an average 12-month price target of USD 664.92. That target lies 61.1 percent above the October 6 price of USD 412.65, although the consensus predates the latest supply concerns.

Western Digital stock faces a supply test

Western Digital's 52-week range is USD 112.52 to USD 799.87, so the October 6 quotation sits 48.4 percent below the yearly high. For investors, the next margin update matters because the current guidance assumes that storage demand and pricing can absorb additional industry capacity.