Western Digital is trading 11.2% down at $461.00 in after-hours trading as investors sell the news despite strong fiscal Q4 2026 results and a bullish AI outlook.
- The company reported 44% year-over-year revenue growth and more than doubled non-GAAP EPS, driven by significant demand within the AI data cycle.
- Investors appear to be reassessing expectations for margins and long-term storage contracts following a sharp recent run-up in the stock price.