WDC · News · 20260805N

Guidance and Outlook

WESTERN DIGITAL CORP · 2026-08-05 · Importance 69 · Surprise 60

Western Digital forecast fiscal first-quarter 2027 revenue of approximately $4.1 billion and adjusted EPS of about $4.00. The revenue outlook was slightly above Wall Street expectations, while the gross-margin outlook implied sequential expansion but fell short of investor expectations set by Seagate Technology. Management attributed the outlook to continued demand for high-capacity HDDs from AI infrastructure and cloud-storage customers.

Key facts

• Reuters said Western Digital forecast quarterly revenue slightly above Wall Street estimates, betting on strong AI-driven demand for its hard disk drives. source
• Multiple outlets reported Western Digital beat Wall Street estimates on revenue and EPS for fiscal Q4 but shares fell sharply afterward (examples: shares dropped over 18% per Yahoo Finance, 11% per Seeking Alpha in extended trading). source