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TickerTalks›$WDC
WDWDC

Western Digital Corporation

Strong FundamentalsStrong FundamentalsRevenue growing 45% YoY at strong marginsCatalyst pendingConsistent chatter on X (1.4K/wk), no spike
$WDC·$157B·Computer Hardware·Technology
$332.00-6.9%YTD+167.3%1Y+163.7%
Price updated 7h ago·X counts updated 5d ago
WDWDC
$WDCWestern Digital Corporation
$332.00-6.86%1.4k posts0.9×
AI analysisFundamentalsVoices on X
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On X

Top X posts

The complete picture of $WDC on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

1,415X posts · last 7 days
Sep 29Oct 11
Chatter Meter
0.9×
QuietNormal · 1×Loud

How loud $WDC's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level.

Bullish sentimentAI analysisGenerated by AI from underlying data8 posts analyzed · as of 2026-09-15

Western Digital rides a memory-cycle rip with 44%+ on $475C options and AI-datacenter cold-storage HDD demand (23% CAGR nearline forecast through 2030) as the anchor. Chart posters flag reversal-confirmation and double-bottom breakouts.

Read what X is saying about $WDC

  • Bullish vs bearish call — with the AI summary of the day's posts
  • Divergence flag when the top-engagement posts argue the other side
  • How loud the conversation is versus this ticker's own normal
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AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $WDC — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Proven numbersEvent coming upAI verdict · as of 2026-10-03

A known event soon (earnings, a ruling, etc.) will likely decide the next move.

Nearline HDDs are the forgotten AI-storage trade — now a Toshiba announcement is testing whether supply really is tight.

Western Digital is one of the two merchant hard-drive leaders, and nearline enterprise HDDs are the surprise beneficiary of the AI buildout — hyperscalers still need bulk cold storage, and the 23% nearline CAGR through 2030 implies a supply-constrained upcycle rather than a cyclical blip.

  • The P&L has gone vertical: Q4 revenue was up 45% YoY to $3.34B at a 35.7% operating margin with EPS of $9.29, and the trailing two prints beat Street estimates by 8% and 14% — these are the margins of a company with pricing power, not one taking market-share crumbs.
  • The Toshiba drop is a real test, not a cosmetic one: an announced competitor capacity expansion in a tight supply market is the first credible threat to the pricing-power thesis — the sharp intraday drop is the market stress-testing whether the cycle survives new supply.

At 44% of 52-week range with volume at 3.8x average going into Oct 29 earnings, the setup is where new information is being digested fast. A clean beat plus commentary on how Toshiba's expansion gets absorbed is what unlocks continuation; any pricing-power softness or guide-down pulls the stock below its 200-day.

Agrees with X sentimentThe bullish nearline-cycle read is grounded, and the chart position matched the fundamentals until the Toshiba news hit — that's not a thesis crack, it's a competitive-dynamics datapoint. The bull case still works if HDD pricing holds, which earnings tests directly.

What to watch: Oct 29 Q4 earnings — nearline revenue growth, average selling price trajectory, Q1 guide, and specific commentary on Toshiba's expansion impact. ASP strength plus reaffirmed FY27 is the trigger; ASP softness is the invalidation.

On the calendar: 2026-10-29 — Q4 earnings

event ahead 30dsupply dynamics

Read the AI verdict on $WDC

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
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What it does

Plain-English summary of the business — what they sell and how they make money.

Makes HDDs and NAND flash storage under WD and SanDisk brands for cloud, enterprise, and consumer markets.

Industry overviewAI analysisGenerated by AI from underlying data

Where Computer Hardware sits in its cycle right now — and what that implies for $WDC.

Computer Hardware · Technology

No material change from last week — hyperscaler AI server capex continues to drive the cycle.

What this means for $WDC

Neutral — Makes HDDs and NAND flash storage under WD and SanDisk brands for cloud, enterprise, and consumer markets.

Top industry ETF

$SOXXiShares Semiconductor ETF
+83.9%YTD
+70.7%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
27.2How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
27.9%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
30.8%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
1.6%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
15.0Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
91.9%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
45.4%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.2Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 5, 2026$3.56$3.31+7.6%
Q1 2026Apr 30, 2026$2.72$2.39+13.8%
Q4 2025Jan 29, 2026$2.13$1.93+10.4%
Q3 2025Oct 30, 2025$1.78$1.59+11.9%
Next earningsThu, Oct 22·consensus EPS $4.08

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q3 FY26$3.3B+45.5%50.2%35.7%$9.29$978.0M
Q2 FY26$3.0B-29.6%45.7%31.9%$5.27$653.0M
Q1 FY26$2.8B+27.4%43.5%28.1%$3.34$599.0M
Q4 FY25$2.6B+30.0%41.0%26.1%$0.79$675.0M

Forward consensus

10-year forecast · up to 18 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$12.9B$12.8B – $13.0B$9.99$9.80 – $10.5917
FY26$12.9B$12.8B – $13.0B$9.99$9.80 – $10.5917
FY27$18.3B$15.1B – $20.2B$18.50$11.59 – $22.5118
FY27$19.1B$16.0B – $20.7B$20.33$15.99 – $23.8516
FY28$24.2B$23.7B – $24.8B$29.18$22.17 – $36.1716
FY28$26.5B$21.3B – $30.5B$32.54$20.56 – $42.4915
FY29$29.2B$24.6B – $33.9B$37.19$29.65 – $45.048
FY29$31.9B$28.9B – $35.4B$45.03$39.16 – $47.8610
FY30$33.4B$28.2B – $38.8B$51.01$40.67 – $61.788
FY30$38.6B$32.9B – $45.5B$65.73$53.16 – $81.025

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.0×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.31%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-24.9%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-19.1%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 358.2M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today2.2% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β2.175-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellSep 4Cynthia L TregillisChief Legal Officer & Corp Sec432 sh$195KSellSep 4Vidyadhara K GubbiChief of Global Operations1.8K sh$825KSellSep 1Stephanie A StreeterDirector1.6K sh$728KSellAug 31Stephanie A StreeterDirector4.0K sh$1.8MSellAug 27Cynthia L TregillisChief Legal Officer & Corp Sec1.0K sh$482KSellAug 26Cynthia L TregillisChief Legal Officer & Corp Sec476 sh$215KSellAug 24Cynthia L TregillisChief Legal Officer & Corp Sec684 sh$305KSellAug 21Cynthia L TregillisChief Legal Officer & Corp Sec235 sh$112KSellAug 11Irving TanCEO20.0K sh$8.9MSellJul 28Martin I ColeDirector1.5K sh$636K
1–10 of 22
+ 133 other (46 exempts · 46 inkinds · 38 awards · 2 gifts · 1 other) in window

See when $WDC insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KPress release / Reg FDSep 148-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Western Digital Corporation (WDC) filed an 8-K under Items 7.01 (Reg FD) and 8.01 (other events) on September 14, 2026, furnishing investor communications; the excerpt shows only the cover page. Given Western Digital's post-Sandisk spin-off strategic repositioning in HDDs and flash storage, this filing likely accompanies an investor conference presentation or strategic update announcement.

8-K/AUnregistered equity sale (amended)Aug 278-K/A — Item 3.02: Unregistered equity sale
AI summary

Western Digital Corporation amended its earlier 8-K to confirm that 4,653,572 shares of common stock (Exchange Shares) will be delivered to holders who exchanged approximately $191.0 million principal amount of 3.00% Convertible Senior Notes due 2028, in privately negotiated exchange transactions closed August 26, 2026. The share count had been unavailable at original filing because it depended on the August 26 VWAP. These exchanges are modestly dilutive but reduce WDC's convertible debt outstanding.

8-KUnregistered equity saleAug 268-K — Item 3.02: Unregistered equity sale · Item 8.01: Other event
AI summary

Western Digital entered into privately negotiated exchange agreements with certain holders of its 3.00% Convertible Senior Notes due 2028. Under the agreements, noteholders agreed to surrender their notes in exchange for newly issued equity shares (Exchange Shares) issued in reliance on Section 4(a)(2) of the Securities Act. Material debt-for-equity exchange that reduces WDC's convertible debt obligations while issuing new unregistered shares.

8-K/AUnregistered equity sale (amended)Jun 88-K/A — Item 3.02: Unregistered equity sale
AI summary

Western Digital Corporation (WDC) filed an amendment (8-K/A) to its June 3, 2026 report to disclose the final share count for its convertible note exchange: 21,289,938 shares of common stock will be delivered in exchange for approximately $858.4 million aggregate principal of 3.00% Convertible Senior Notes due 2028, with the per-share price calculated using the June 3–4, 2026 two-day VWAP. This is a material equity dilution event — 21.3 million new shares issued to retire $858M of convertible debt, reducing leverage but expanding the share count.

8-KUnregistered equity saleJun 38-K — Item 3.02: Unregistered equity sale · Item 8.01: Other event
AI summary

WDC (WDC) disclosed unregistered sales of equity securities under 8-K Item 3.02. The transaction involved proceeds of approximately $858.4 million. Unregistered securities are typically sold in private placements under Rule 144A, Regulation D, or Regulation S exemptions, without requiring SEC registration at the time of sale. These transactions are material because they dilute existing shareholders and may result in significant blocks of stock becoming freely tradeable once registration rights are exercised.

3New insider — initial holdingsMay 283
AI summary

Manuvir Das filed an initial Form 3 for Western Digital Corporation (WDC) as of May 26, 2026, reporting his initial beneficial ownership upon becoming a new member of the WDC Board of Directors. This is a routine Section 16 compliance filing; the substantive board appointment details are in the companion 8-K (Item 5.02).

8-KOfficer or director changeMay 288-K — Item 5.02: Officer or director change · Item 7.01: Press release / Reg FD
AI summary

Western Digital Corporation's Board of Directors unanimously appointed Manuvir Das as a new board member on May 26, 2026, to serve until the next annual meeting of stockholders; Das was also appointed to the Audit Committee. An investor presentation (Regulation FD) was concurrently released as Exhibit 99.1. Das's background and a Regulation FD disclosure accompany the board expansion, indicating WDC is actively communicating updates alongside the governance change.

+ 14 other (5 13Gs · 2 proxys · 2 earnings 8-Ks · 1 ARS) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Western Digital (WDC) Dips More Than Broader Market: What You Should Knowzacks.com·9h agoSeagate and Western Digital Stocks Fall on Toshiba Fears. Wells Fargo Is Still Bullish.barrons.com·16h agoWestern Digital Pre-Q1 Earnings: Buy the Stock Now or Wait for Results?zacks.com·17h agoFriday's First Moves: WDC & STX PT Cuts, NFLX New Content Chief, FOXA Double Upgradeyoutube.com·17h agoSeagate, Western Digital Face Supply Risks as AI Demand Drives Capacity Expansionbenzinga.com·17h ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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