Why did Western Digital (WDC) stock move recently?

On 8/25/2026, Western Digital moved +3.5% — WDC rose ~3.5% with broader market/tech rebound (Nasdaq futures +0.86%) after Monday's sharp pullback on profit-taking and memory-stock weakness, with no new company-specific catalyst. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Western Digital (WDC) overvalued or fairly valued?

MarketChacha shows Western Digital's valuation in context — a trailing P/E of about 21.8, a forward P/E of about 11.0, a price-to-book of about 14.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Western Digital's revenue?

Western Digital reported revenue of $12.9B for FY2026, with net profit of $9.4B, per official filings.

What is the share price of Western Digital (WDC)?

Western Digital last traded at $365.65 (+3.8% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Western Digital

WDC · NASDAQ · Technology · United States

Snapshot

TickerWDC

ExchangeNASDAQ

SectorTechnology

IndustryComputer Hardware

CountryUnited States

Employees40,000

HeadquartersSan Jose, United States

Websitewww.westerndigital.com

Filings tracked21

About Western Digital

Western Digital Corporation engages in the development, manufacture, and sale of data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa. The company offers internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. It sells its data storage devices and solutions through its computer sales personnel, dealers, distributors, retailers, and subsidiaries. The company has a collaboration with Open Quantum Design for the development of quantum error correction technology and related systems to advance reliable quantum computing. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

Who owns it

Insiders0.3%
Institutions88.8%
Public & other10.9%

2,457 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.80%
FMR, LLC6.94%
Vanguard Capital Management LLC6.01%
JPMORGAN CHASE & CO4.54%
Capital World Investors4.43%
State Street Corporation4.35%
Invesco Ltd.3.86%
Vanguard Portfolio Management LLC3.50%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Over 4 years only 0.56× of reported profit became operating cash — the classic sign that headline earnings may be running ahead of the cash actually generated. Often explained by working capital funding growth; worth a closer look.

Cash conversion0.56×

Net margin trend-26.9% → 19.8%

Margin has expanded by about 46.8 points — the business is getting more profitable.

Return on equity106.3%

Latest ROE of 106.3% — capital is generating a healthy return.

One-off items1 of last 3 yrs

Recent reported profit includes sizeable one-off / non-operating items — the underlying operating trend may differ from the headline.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $4.6B · EPS 4.76

Est. earnings growth +123.7%

Next fiscal year

Rev $26.6B · EPS 33.28

Est. earnings growth +61.6%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$12.9B

ROE

106.3%

Revenue CAGR (3y)

+27.4%

EPS (FY2026)

24.28

Net profit (FY2026)

$9.4B

Ask MarketChacha about WDC

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 25, 2026
WDC rose ~3.5% with broader market/tech rebound (Nasdaq futures +0.86%) after Monday's sharp pullback on profit-taking and memory-stock weakness, with no new company-specific catalyst.
source 1 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about WDC

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$12.9B	$9.4B*	24.28	—	106.3%
FY2025	$9.5B	$1.9B	5.12	19.8%	35.6%
FY2024	$6.3B	$-798.0M	-2.61	-12.6%	-7.4%
FY2023	$6.3B	$-1.7B	-5.37	-26.9%	-15.4%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$3.3B	$3.2B*	8.20	—
2026Q1	$3.0B	$1.8B*	4.73	—
2025Q4	$2.8B	$1.2B	3.07	41.9%
2025Q2	$2.6B	$282.0M	0.75	10.8%
2025Q1	$2.3B	$520.0M	1.42	22.7%
2024Q4	$2.4B	$594.0M	1.63	24.7%
2024Q3	$2.2B	$493.0M	1.35	22.3%
2024Q2	$2.0B	$39.0M	0.08	1.9%
2024Q1	$1.8B	$135.0M	0.35	7.7%
2023Q4	$1.4B	$-287.0M	-0.92	-21.0%
2023Q3	$1.2B	$-685.0M	-2.17	-57.4%
2023Q1	$2.8B	$-571.0M	-1.82	-20.4%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K/A — Unregistered equity sale
SEC8/27/2026
8-K — Unregistered equity sale, Other events
SEC8/26/2026material
10-K filing
SEC8/14/2026
8-K — Results of operations, Exhibits
SEC8/5/2026material
8-K — Other events
SEC6/11/2026material
8-K/A — Unregistered equity sale
SEC6/8/2026
8-K — Unregistered equity sale, Other events
SEC6/3/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC5/28/2026material
10-Q filing
SEC5/1/2026
8-K — Results of operations, Exhibits
SEC4/30/2026material
8-K — Bylaw/charter change, Other events, Exhibits
SEC2/24/2026material
8-K — Security holder rights
SEC2/18/2026material
8-K — Other events
SEC2/9/2026material
10-Q filing
SEC1/30/2026
8-K — Results of operations, Exhibits
SEC1/29/2026material

2025

8-K — Executive/director change, Shareholder vote results, Exhibits
SEC11/24/2025material
8-K — Executive/director change
SEC11/3/2025material
10-Q filing
SEC10/31/2025
8-K — Results of operations, Exhibits
SEC10/30/2025material
10-K filing
SEC8/14/2025
8-K — Results of operations, Exhibits
SEC7/30/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.