Western Digital expects its fiscal second-quarter revenue to grow 66% to 72% year-on-year, following a 55% increase in first-quarter sales to $4.38 billion. The company anticipates adjusted gross margins of 60% to 61% and adjusted earnings per share around $5.80, driven by strong demand for data storage, especially from cloud and AI infrastructure sectors. First-quarter results showed a 161% rise in adjusted earnings per share and significant improvements in operating income and cash flow. Western Digital also raised its quarterly dividend by 17%, signaling confidence in continued growth and profitability.
Western Digital shares are trading at USD 349.37 on Pluang, down 1.36% in the last day, showing some profit-taking despite the strong revenue growth forecast. The stock's market cap stands at $132.58 billion, with a nearly balanced order activity of 49% sell and 51% buy as of Oct 23, 2026 20:41 WIB.
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