Western Digital reported a strong Q1 2027 with revenues up 55% to $4.38 billion and non-GAAP EPS rising 161% to $4.64, driven by robust demand from hyperscaler customers. The company trades at a significant discount compared to peers, with a forward non-GAAP PEG ratio of 0.2x. The analyst's updated price target of $2,076 assumes growth in the PEG ratio towards 1.0x, reflecting confidence in continued strong performance. This highlights Western Digital's solid financial profile and growth potential in the data storage market.
Western Digital shares are trading at USD 339.65 on Pluang as of Nov 03, 2026 15:01 WIB, showing a modest 0.31% gain for the day. The stock's market capitalization stands at $137.04 billion, reflecting its significant presence in the technology sector. Despite strong recent earnings, Pluang order activity shows a majority of 64% Sell versus 36% Buy, indicating mixed investor sentiment.
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