Western Digital (WDC) Down 2.2% Since Last Earnings Report: Can It Rebound?

Western Digital beat Q4 fiscal 2026 earnings expectations with non-GAAP EPS of $3.56 (vs. $3.35 consensus) and revenues of $3.75B (up 44% YoY). The company reported strong margins, robust cloud demand, and issued encouraging Q1 FY2027 guidance projecting 45% YoY revenue growth. Despite the strong earnings beat, shares have declined 2.2% since the report, underperforming the S&P 500. Analysts have raised estimates by 15.16%, and the stock carries a Zacks Rank #2 (Buy) rating.