🟢 Western Digital is trading 4.7% up today after strong Q2 earnings beat and $4B share repurchase authorization

WDC is trading up +4.7% now at $282.85 after reporting a strong Q2 2026 earnings beat, with revenue of $3.1B and EPS of $2.13 topping estimates.

• The company announced an additional $4.0B share repurchase program today.
• WDC is hosting an Innovation Day event, unveiling HAMR and ePMR technology roadmaps.
• Analysts like Baird, TD Cowen, and BofA raised price targets to $310-$345, citing AI-driven storage demand and margin gains.