Western Digital Up Nearly 70% in 2026 with $653M Cash Flow Boost
WDC shares have climbed nearly 70% this year, driven by AI-driven data storage demand and robust free cash flow of $653 million, up 125% year on year. The company holds a 20% stake in SanDisk and offers scalable storage solutions to hyperscalers and cloud providers.
1. Performance Surge
Western Digital shares have climbed nearly 70% so far in 2026, establishing the company among the top S&P 500 performers this year as AI workloads drive demand for high-speed storage solutions.
2. Free Cash Flow Growth
In its latest period, WDC generated $653 million in free cash flow, marking a 125% year-over-year increase that underscores its improved profitability and capital generation.
3. SanDisk Stake and AI Strategy
The company holds roughly a 20% stake in SanDisk, aligning its portfolio with NAND flash leader’s 160% YTD gains, while its scalable storage products target hyperscalers, cloud providers and AI data centers.