Western Digital (WDC) Projected to Post Quarterly Earnings on Wednesday

Western Digital (NASDAQ:WDC) is anticipated to release its Q3 2025 earnings data before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $1.06 per share and revenue of $2.70 billion for the quarter. Western Digital has set its Q3 2025 guidance at 0.900-1.200 EPS.

Western Digital (NASDAQ:WDC) last announced its quarterly earnings data on Wednesday, January 29th. The data storage provider reported $1.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.91 by ($0.36). Western Digital had a net margin of 9.95% and a return on equity of 15.68%. On average, analysts expect Western Digital to post $5 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Western Digital Price Performance

Shares of WDC stock opened at $36.68 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.99 and a quick ratio of 1.26. The company has a market capitalization of $12.76 billion, a PE ratio of 8.73 and a beta of 1.39. The firm’s 50-day moving average is $44.17 and its two-hundred day moving average is $58.40. Western Digital has a 12 month low of $28.83 and a 12 month high of $81.55.

Insider Activity

In other news, SVP Gene M. Zamiska sold 1,659 shares of the firm’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $41.36, for a total transaction of $68,616.24. Following the sale, the senior vice president now owns 43,776 shares of the company’s stock, valued at approximately $1,810,575.36. This trade represents a 3.65 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.30% of the company’s stock.

Wall Street Analysts Forecast Growth

WDC has been the topic of a number of recent analyst reports. Cantor Fitzgerald decreased their price objective on Western Digital from $95.00 to $65.00 and set an “overweight” rating on the stock in a report on Friday, March 7th. Barclays decreased their price target on Western Digital from $90.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Benchmark raised Western Digital from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a research report on Thursday, April 10th. UBS Group decreased their target price on shares of Western Digital from $74.00 to $50.00 and set a “neutral” rating on the stock in a research report on Monday, March 17th. Finally, Citigroup dropped their price target on shares of Western Digital from $64.00 to $48.00 and set a “buy” rating for the company in a research report on Monday, April 14th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $73.68.

About Western Digital

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications.