{
  "id": 16260721,
  "title": "Western Digital Stock Has Fallen 53% Since June. I'd Consider a Small Position After Its Latest Report.",
  "url": "https://urgent.news/2026/10/24/western-digital-stock-has-fallen-53-since-june-id-consider-a-small",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T01:07:02.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/23/western-digital-stock-has-fallen-53-since-june-i-d-consider-a-small-position-after-its-latest-report/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Western Digital (WDC) reported a staggering 55% increase in revenue for its fiscal first quarter of 2027, reaching $4.38 billion. This growth was accompanied by a 17% dividend boost and a 161% jump in non-GAAP earnings per share. However, the stock has plummeted 53% since June, trading at a mere fraction of its June 18 record close. Analysts are concerned about the future of hard drive prices, which have been soaring. Western Digital's average price per terabyte rose 28% year over year, and shipments of storage capacity increased by 22%. Despite these positive results, the market's valuation of the company is relatively low, with a price-to-earnings ratio of just 15 times annualized earnings. While some investors may see potential in Western Digital's long-term demand visibility and widening margins, the uncertainty surrounding hard drive pricing remains a significant risk.",
  "summary": "The hard drive maker's growth keeps speeding up. Has the stock's slide gone too far?",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Western Digital Stock Has Fallen 53% Since June. I'd Consider a Small Position After Its Latest Report.",
        "url": "https://urgent.news/2026/10/24/western-digital-stock-has-fallen-53-since-june-id-consider-a-small-16261289",
        "published": "2026-10-24T01:27:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}