🔴 Western Digital is trading 5% down in pre-market after earnings

Western Digital is trading at -5.31% now at $263.63 despite reporting strong Q2 FY26 earnings and issuing robust Q3 guidance.

• Q2 FY26 results beat estimates, featuring $3.02B revenue (up 25% YoY) and $2.13 non-GAAP EPS.
• The decline follows a 10.7% gain on January 28, suggesting profit-taking amid broader market weakness (Nasdaq down 1.06%).
• Analyst targets remain bullish, centered around $260-280.