Key Highlights

  • Western Digital (NASDAQ:WDC) was trading down 6.82% at USD 289.98 on Friday, November 13, 2026, in market data, and no company announcement explaining the move was found.
  • Revenue for the fiscal first quarter ended October 2, 2026 was USD 4.38 billion, up about 16.9% from USD 3.75 billion in the prior quarter (calculated), with Net Income of USD 1.78 billion.
  • The shares closed at USD 356.13 on October 26, so today's price is about 18.6% lower (calculated), and the 52-week range listed on October 27 was USD 121.85 to USD 799.87.
  • Market value was USD 133.31 billion at the October 26 close and would be about USD 108.5 billion at today's price (calculated), a gap of roughly USD 25 billion in under three weeks.

Fiscal First-Quarter Results From October 22

Western Digital (NASDAQ:WDC) reported fiscal first-quarter 2027 results on October 22, 2026, with Revenue of about USD 4.38 billion and net income of about USD 1.78 billion, or USD 4.63 a share, per market data that was not matched to the release. The prior quarter showed revenue of USD 3.75 billion and net income of USD 3.18 billion, an unusually high figure relative to revenue whose cause was not found, so profit comparisons should be read with care. Published coverage described year-on-year revenue growth above 50% and strong AI-driven storage demand. Market data also listed a 16.7% Dividend increase, which was single-source and is not relied on here. Cash, Debt and guidance figures were not found, so they are left out.

Selloff After Earnings, Rebound and a Wide 52-Week Range

Published coverage around October 23 and 24 described a post-earnings selloff followed by a rebound in memory and storage shares, and the stock closed at USD 356.13 on October 26. Market data lists price targets from USD 405 to USD 900 set after the report, which shows how far views differ, though the individual firms and the dates of each change were not confirmed independently. Fiscal 2026 revenue was USD 12.92 billion, up 35.7%. The 52-week range of USD 121.85 to USD 799.87 puts today's price about 63.7% below the high and about 138% above the low (both calculated).

What Remains Unexplained for November 13

No company announcement explaining today's decline was found, and the screener move is the figure of record only for the live session. AI-linked and chip shares were volatile in early November, including a Nasdaq Composite fall of about 5.5% on November 5 in published market data, but a documented sector driver for November 13 was not found, so none is asserted. Risks include a dependence on Data Center demand, the swing between Earnings and non-operating items and memory-cycle pricing. Quoted intraday moves can reverse before the session ends. Next markers are the fiscal second-quarter report, any Capital return updates and signs of whether AI-linked shares stabilize.

Where Things Stand

The decline says little by itself: the shares were trading 6.82% lower with no company-specific cause found, and USD 289.98 is far below the October 26 close but within a very wide yearly range. Western Digital (NASDAQ:WDC) reported USD 4.38 billion of quarterly revenue and strong profit three weeks ago, so the drop looks like price action in AI-linked shares rather than new fundamentals, which remains unverified.