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Western Digital Q3 revenue jumps 45% and earnings nearly double on AI, cloud demand.

Company Fundamentals
17 Jun 2026
FXEmpire
View Source
Bullish
pluang ai news

Western Digital reported a strong Q3 fiscal 2026 with revenue of $3.3 billion, up 45% year-over-year, and earnings per share nearly doubling to $2.72. The company benefits from high demand for its data storage solutions driven by AI and cloud computing growth. Guidance for the next quarter is optimistic, with expected revenue of $3.65 billion and EPS of $3.25. Institutional investors are showing strong support, pushing shares up 295% this year, signaling confidence in Western Digital's growth prospects.

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