Toshiba targets double HDD output as Western Digital stock falls 9.88 percent
Published on 10/02/2026 at 16:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Western Digital Corporation (ISIN US9581021055) was trading at EUR 369.55 at Lang & Schwarz on October 2, 2026, down 9.88 percent from the prior close of EUR 410.05. Toshiba plans to double hard disk drive capacity with a JPY 60 billion investment for fiscal 2027, according to Investing.com on October 2, 2026, raising concerns about the pricing power that has supported Western Digital's recent growth.
Toshiba challenges HDD pricing power
According to MarketWatch on October 2, 2026, Toshiba's planned expansion in the Philippines could increase competition in hard disk drives used for artificial intelligence data centers. The report said Western Digital and Seagate were down 8.00 percent and 10.00 percent, respectively, in premarket trading.
The supply concern cuts directly against Western Digital's latest operating picture. The company reported fiscal fourth-quarter revenue of USD 3.75 billion on August 5, 2026, up 43.80 percent year over year, while adjusted earnings per share reached USD 3.56 versus a USD 3.31 consensus, according to MarketBeat.
Strong results meet a new supply test
Western Digital set fiscal first-quarter 2027 adjusted earnings-per-share guidance at USD 3.85 to USD 4.15, while the latest quarterly revenue exceeded the USD 3.70 billion consensus by USD 50.00 million, MarketBeat reported on September 19, 2026. That contrast matters: the company enters the next report with higher earnings expectations, but the market is now testing whether additional HDD supply can weaken margins before demand catches up.
The company remains concentrated in data storage, with hard disk drives central to its data-center business after the separation of its flash operations. Investing.com identifies Western Digital as a NASDAQ-listed company under ticker WDC and gives its next earnings date as October 21, 2026. The finance quote showed a USD 144.1 billion market capitalization on October 2, 2026, with a 52-week range of USD 112.52 to USD 799.87.
Western Digital stock faces a sharp reset
On the NASDAQ, Western Digital was last quoted at USD 418.05 at 10:03 a.m. ET on October 2, 2026, while the Lang & Schwarz quote was EUR 369.55 at 4:00 p.m. CEST. The separate currencies show why the euro quote remains the reference for German investors, while the USD range frames the stock's unusually wide recent valuation band.
The further course of trading is shown by the continuously updated real-time quote of Western Digital stock.
Western Digital stock facts
- Company: Western Digital Corporation
- ISIN: US9581021055
- Ticker: WDC
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 2, 2026, 4:00 p.m. CEST): EUR 369.55
- Change versus prior close: minus 9.88 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 410.05
- Market capitalization: USD 144.1 billion (as of October 2, 2026)
- 52-week range: USD 112.52-799.87 (as of October 2, 2026)
- Sector / Industry: Technology / Computer Hardware
- Next earnings date: October 21, 2026
