Western Digital (WDC) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $4.64
- Estimate
- $4.10
- Surprise
- +13.2%
- Revenue (period 2026-10-02)
- $4.38B
- Score today
- 7.1/10
Revenue source: xbrl.
How the report landed
Western Digital (WDC) beat the $4.10 estimate with adjusted EPS of $4.64 — a large 13.2% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates WDC Buy (Wait) at 7.1/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +13.2% surprise compares with a +11.3% four-quarter average. Next scheduled report: 2027-01-28.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.9 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Product: Cloud end market (89.0%)
- Concentration risk — Customer: top 10 customers (73.0%)
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $311.21
- Entry target
- $295.77
- Price target
- $552.04
- Stop
- $275.07
- Upside to target
- +77.4%
- Reward-to-risk
- 5.2:1
The stock trades at 11.0× trailing but 7.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-13 — shown for context, not personalized investment advice.
WDC at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Computer Hardware
- Market cap
- $117.28B
- P/E (fwd)
- 7.8
- P/E (ttm)
- 11.0
- 52-week range
- $132.43–$799.87
- Off 52-week high
- 61.1%
- RSI (14)
- 44
- Volume vs avg
- 0.58×
- Score today
- 7.1/10