Western Digital Corporation (WDC)
Information Technology17 articles
Price chart
Why is WDC moving today?
-2.1%WDC is -2.1% today, inside the ordinary range for a session (under 3%). Today's stories are context, not an explanation of a move this small.
What the feed can point to
- 1.S&P 500 Futures Slightly Change as Index Faces Losing WeekMacroneutralcnbc.com
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 13 hours ago
Western Digital Corporation (WDC) overview
Western Digital makes hard drives and flash-storage products.
WDC is a member of the S&P 500. It sits in the Information Technology sector. That sector covers hardware, software and semiconductor companies driving the digital economy.
Western Digital Corporation trades on the NasdaqGS under the ticker symbol WDC. The most recent market data puts the share price at about $356.45. That is down 2.10% on the session. At that price the company is worth roughly $133.43B.
Over the past 52 weeks, WDC has traded between $117.23 and $799.87. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 13.2. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. WDC also pays a dividend. It yields around 0.17% at the current price.
Key statistics
Source: Yahoo Finance - quote as of 13 hours ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch WDC
WDC is one of the larger names in the Information Technology sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each WDC story as it breaks, and tags it bullish, bearish or neutral.
Size matters here as well. The S&P 500 is weighted by market value. WDC is large enough that its own share price nudges the whole index. So it is worth watching even for investors who only hold index funds.
What moves WDC
- Earnings. WDC reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from WDC.
- Sector news. Information Technology stocks often move together, so a rival's news can move WDC too.
- Index weight. WDC is big enough to move the S&P 500 on its own.
Market Mood
This week for WDC
2 stories about Western Digital Corporation in the last 7 days- S&P 500 Futures Slightly Change as Index Faces Losing WeekMacroneutralcnbc.com
- S&P 500 Steady Amid Bank Earnings; Chip Stocks DeclineEarningsneutralcnbc.com
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Latest WDC news
S&P 500 Futures Slightly Change as Index Faces Losing Week
On Thursday, S&P 500 futures were little changed after the index had its first winning session in four days. The S&P 500 index rose roughly 0.3%, while the Nasdaq Composite increased by about 0.1%, ending their respective three-day losing streaks. The Dow Jones Industrial Average led gains with an increase of more than 500 points or around 1.1%. Technology stocks, particularly those in the memory chip sector, have faced a recent sell-off due to competition concerns from China and borrowing worries related to AI buildouts. Micron Technology and other tech stocks like Seagate Technology and Western Digital are on track for a weekly decline, with Micron seeing a potential 9% drop. Meanwhile, CoreWeave, a neocloud stock, is heading for a 15% weekly loss. AI sector growth is under scrutiny as chip stocks such as Nvidia and Broadcom remain in negative territory for the week. This has placed the S&P 500 and Nasdaq in negative weekly positions, with drops of nearly 1% and more than 2% respectively. Jeff Richards of Notable Capital believes that more AI-related companies going public and providing detailed metrics could ease fears over the sector. Additionally, inflation concerns are heightened by elevated energy prices. The mixed market trends highlight investor shifts away from key tech names while monitoring broader economic indicators. Investors should be attentive to how sector-specific developments and inflation data may influence market trajectories.
Read More: S&P 500 Futures Slightly Change as Index Faces Losing Week
S&P 500 Steady Amid Bank Earnings; Chip Stocks Decline
On June 26, 2026, the S&P 500 traded near flat as traders evaluated corporate earnings reports from major banks and reacted to a significant decline in South Korea affecting memory chip stocks. The Nasdaq Composite dropped 0.1%, and the Dow Jones Industrial Average fell 135 points, or 0.3%. Despite JPMorgan Chase missing analyst expectations for its third-quarter earnings and revenue, the bank increased its net interest income guidance for 2026. Wells Fargo's stock fell 2% following mixed third-quarter results, while Goldman Sachs saw a slight increase after surpassing revenue expectations. In the chip sector, a 5.5% drop in South Korea's Kospi benchmark, driven by valuation concerns and competition from China, pressured stocks such as SK hynix, which declined nearly 4%. Seagate Technology and Western Digital saw 2% losses, and Micron Technology and Sandisk also faced declines. Amid elevated energy prices, short interest in key airline stocks like JetBlue and Alaska Air rose as investors positioned themselves against these companies This news matters as it illustrates the mixed reactions across different sectors during the earnings season and highlights the ongoing competitive pressures in the semiconductor industry. Investors should observe the evolving earnings reports and their impact on various market sectors.
Read More: S&P 500 Steady Amid Bank Earnings; Chip Stocks Decline
Toshiba's Production Plans Impact Western Digital and Seagate
Western Digital (WDC) and Seagate (STX) experienced significant stock drops as investors express concern over Toshiba's potential increase in production of an AI storage product. This development could weaken the pricing power currently held by both Western Digital and Seagate in the market. Such changes in production levels by Toshiba raise worries about maintaining current profit margins if prices were to decrease. The possibility of increased AI storage production by Toshiba could lead to oversupply, affecting the supply-demand balance. This situation fosters fears of declining revenues or tighter profit margins for the two companies. Investors reacted by selling shares, reflecting their concern about future earnings. This matters for ordinary investors as changes in production levels by a major competitor like Toshiba could lead to volatility in stock prices and affect the financial health of Western Digital and Seagate.
Read More: Toshiba's Production Plans Impact Western Digital and Seagate
Western Digital (WDC) Stock Rises 7% Amid HBM Supply Concerns
Western Digital (NASDAQ: WDC) stock increased by 7% as of 11:25 a.m. ET on August 17, 2026, after comments from Howard Lutnick regarding high-bandwidth memory (HBM) sourcing. The Trump administration prefers Apple (NASDAQ: AAPL) to reshore semiconductor manufacturing instead of purchasing HBM from China’s Yangtze Memory Technologies and CXMT. As demand for memory technology grows, Western Digital's hard drives may become a more appealing alternative for companies facing higher HBM prices. With a price-to-earnings ratio of 21x and expected long-term earnings growth of 68%, Western Digital's stock appears relatively attractive in the current market landscape.
Read More: Western Digital (WDC) Stock Rises 7% Amid HBM Supply Concerns
Micron (MU) Stock Recovers Amid Memory-Chip Selloff
Micron (MU) stock managed to recover from intraday losses while shares of competitors Sandisk and Western Digital saw declines. This recovery comes amid a broader selloff in the memory-chip market. The performance of Micron is significant as it indicates resilience in a challenging sector, potentially attracting investor interest despite the downturn faced by its peers. This matters for investors as it could signal a buying opportunity in Micron's stock as it stands out from competitors in volatile market conditions.
Read More: Micron (MU) Stock Recovers Amid Memory-Chip Selloff
Western Digital (WDC) Reports Q4 Earnings; Stock Drops 11.7%
Western Digital (NASDAQ: WDC) stock fell 11.7% on Thursday morning despite beating earnings expectations. The company reported fiscal Q4 2026 earnings of $3.56 per share and sales of $3.75 billion, surpassing analyst projections of $3.29 per share and less than $3.7 billion in sales. Year-over-year sales increased by 44%, and full-year GAAP earnings rose 446%. For Q1 2027, Western Digital forecasts sales growth of at least 42%, exceeding prior analyst expectations, which is significant for investors considering entry points into the stock.
Read More: Western Digital (WDC) Reports Q4 Earnings; Stock Drops 11.7%
SanDisk Earnings Impact Micron (MU), Western Digital (WDC), Seagate (STX)
SanDisk's earnings report is expected to influence the performance of Micron (MU), Western Digital (WDC), and Seagate (STX). Key players in the storage industry are monitoring this development closely. SanDisk's results may lead to shifts in stock prices across the sector, as these companies are interconnected in the supply chain. Investors should consider how SanDisk's outcomes could affect earnings projections and market trends for these related firms.
Read More: SanDisk Earnings Impact Micron (MU), Western Digital (WDC), Seagate (STX)
Stock Market Today: Dow Rises 0.5% Amid Lower Inflation Data
On the latest trading day, the Dow Jones Industrial Average increased by 0.5%, closing at 34,845 points. This rise followed the release of lower inflation data, indicating a potential easing of price pressures. However, Dell Technologies (DELL) saw a significant decline, with its shares dropping 5% after reporting weak earnings. Similarly, Sandisk parent Western Digital (WDC) experienced a 6% drop. For ordinary investors, these market movements highlight the reaction of major indices and individual stocks to economic data, affecting overall investment strategies.
Read More: Stock Market Today: Dow Rises 0.5% Amid Lower Inflation Data
Dow Jones (DJI) Tops 53,000 Mark, Futures Remain Little Changed
On July 6, 2026, the Dow Jones Industrial Average (DJI) closed above 53,000 for the first time, finishing the session with a gain of 150 points. Futures for the Dow added 34 points, or less than 0.1%, while S&P 500 and Nasdaq-100 futures were mostly flat. Rivian (RIVN) shares dropped about 9% after announcing a public offering of 75 million shares. The positive movement in technology stocks, including a 7% rise for Western Digital (WDC), indicates a strong earnings trend, which is essential for ordinary investors to consider when looking for growth opportunities.
Read More: Dow Jones (DJI) Tops 53,000 Mark, Futures Remain Little Changed
Micron (MU) Analysts Forecast Memory Price Increase π 32% Q3 2026
Memory stocks surged in premarket trading with Micron (MU) increasing by 2.2%, and SanDisk (SNDK) rising 3.6%. Analysts pointed to improved pricing trends and AI demand. UBS forecasted DDR contract pricing to rise 32% quarter-over-quarter in Q3 2026, an increase from 17%. They also project global memory industry revenue will reach $992 billion in 2026 and rise to $1.76 trillion in 2027, indicating strong growth potential for memory stocks amidst sustained demand.
Read More: Micron (MU) Analysts Forecast Memory Price Increase π 32% Q3 2026
Western Digital (WDC) Posts 333% YTD Growth Amid AI Demand
Western Digital (WDC) has achieved a year-to-date gain of 333%, benefiting from the AI boom and strong demand for hard disk drives. In its fiscal 2026 third quarter, the company reported 45% year-over-year revenue growth and 11% sequential growth. Projected revenue for the fourth quarter is $3.65 billion, indicating a sequential growth of 9.4%. With 809 planned data centers requiring storage solutions, Western Digital is positioned well in the growing AI market, as highlighted by CEO Irving Tan’s remarks on their critical role in AI data management.
Read More: Western Digital (WDC) Posts 333% YTD Growth Amid AI Demand
Western Digital (WDC) CLO sells $48,640 in company stock
Cynthia Tregillis, the Chief Legal Officer of Western Digital (WDC), executed a sale of company stock valued at $48,640. This transaction may draw attention as insider sales can indicate a shift in the executives' personal financial strategies. The timing and volume of such sales could influence investor sentiment and market perception. Insiders' trading activity is often monitored by investors for signals regarding the company's future performance.
Read More: Western Digital (WDC) CLO sells $48,640 in company stock
Seagate (STX) Shares Drop Over 8% Amid Factory Capacity Concerns
Seagate Technology Holdings PLC (STX) shares fell over 8% on Monday following CEO Dave Mosley's remarks at a JPMorgan conference regarding manufacturing capacity. Mosley indicated that building new factories would take too long, raising concerns about meeting the increasing demand for memory chips driven by artificial intelligence. In addition, shares of industry peers, including Micron Technology (MU) and Western Digital Corp (WDC), also declined, with drops of approximately 5% and 7%, respectively. This drop reflects investor anxiety over the capability of leading memory makers to satisfy mounting demand as production cycles are lengthy.
Read More: Seagate (STX) Shares Drop Over 8% Amid Factory Capacity Concerns
Western Digital (WDC) Stock Slides Despite Earnings Beat
Western Digital's (WDC) stock is currently declining despite reporting stronger-than-expected earnings. Investors are expressing skepticism following substantial price increases over the past year. The performance of Western Digital is significant for the memory trade market, particularly with regards to trends in stock rallies. This reaction among investors may indicate potential volatility for the sector moving forward.
Read More: Western Digital (WDC) Stock Slides Despite Earnings Beat
Western Digital Corporation (WDC) Share Hits $374.11 with 35.36 P/E
Western Digital Corporation (WDC) shares were trading at $374.11 on April 20th, with a trailing P/E of 35.36 and a forward P/E of 29.50. The company commands a 48% share of the Nearline exabyte market, providing a key storage solution for major cloud providers like Amazon and Google. WDC stock has surged approximately 190% in 2025, driven by increasing demand for HDDs used in AI data storage. As lead times for high-capacity HDDs extend to 12 months, WDC is positioned as a vital participant in the expanding AI data economy.
Read More: Western Digital Corporation (WDC) Share Hits $374.11 with 35.36 P/E
Sandisk (SNDK) Faces Memory Demand Surge Amid Supply Shortages
Jim Cramer highlighted Sandisk Corporation (SNDK) during a segment discussing increased demand for memory products due to a shortage linked to data center expansion. He mentioned that companies like Sandisk, along with Western Digital and Lam Research, are struggling with high demand and limited supply, leading to rising costs. The ongoing shortage is perceived as a tax on the system, increasing data center operational costs. Despite acknowledging Sandisk's potential, Cramer indicated that other tech stocks may present better investment opportunities.
Read More: Sandisk (SNDK) Faces Memory Demand Surge Amid Supply Shortages
Western Digital, Seagate Stocks Surge on AI Video Demand Growth
Western Digital and Seagate stocks experienced a notable rebound, attributed to rising expectations surrounding artificial intelligence (AI) video applications, which could significantly drive demand for data storage solutions. This resurgence is crucial given the current volatility in tech stocks and the growing importance of data management in various sectors. Analysts suggest that as AI technology advances, companies will require more robust storage capabilities, leading to potential revenue growth in the semiconductor and storage device markets. The market may react positively to this trend, reflecting renewed investor confidence in tech resources that support AI developments.
Read More: Western Digital, Seagate Stocks Surge on AI Video Demand GrowthMore Information Technology stocks
Frequently asked questions
Is Western Digital Corporation in the S&P 500?
Yes. Western Digital Corporation trades as WDC and is a member of the S&P 500. The index lists it in the Information Technology sector.
What sector is WDC in?
WDC sits in the Information Technology sector of the S&P 500.
Where can I find the latest WDC news?
Right here. This page collects recent WDC news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Western Digital Corporation's stock price?
WDC last traded at about $356.45. Prices move all through the session, so this is the latest quote rather than a live one.
What is Western Digital Corporation's market cap?
WDC is worth roughly $133.43B. Market cap is the share price times the number of shares outstanding.
What is WDC's P/E ratio?
WDC trades at a trailing P/E ratio of about 13.2. The ratio compares the share price with earnings per share over the past year.