Western Digital (WDC) to Release Quarterly Earnings on Wednesday

Western Digital (NASDAQ:WDC) is projected to release its Q3 2025 earnings data before the market opens on Wednesday, April 30th. Analysts expect Western Digital to post 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 issued its quarterly earnings data on Wednesday, January 29th. The data storage provider reported $1.55 earnings per share 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 Stock Performance

WDC stock opened at $36.68 on Wednesday. Western Digital has a one year low of $28.83 and a one year high of $81.55. The firm has a market cap of $12.76 billion, a price-to-earnings ratio of 8.73 and a beta of 1.39. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.26 and a current ratio of 1.99. The firm has a 50-day simple moving average of $44.17 and a two-hundred day simple moving average of $58.40.

Wall Street Analyst Weigh In

WDC has been the topic of several analyst reports. Citigroup cut their price target on shares of Western Digital from $64.00 to $48.00 and set a “buy” rating on the stock in a report on Monday, April 14th. UBS Group cut their price objective on shares of Western Digital from $74.00 to $50.00 and set a “neutral” rating on the stock in a report on Monday, March 17th. The Goldman Sachs Group boosted their target price on shares of Western Digital from $70.00 to $80.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Cantor Fitzgerald lowered their price objective on shares of Western Digital from $95.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, March 7th. Finally, StockNews.com assumed coverage on Western Digital in a research note on Wednesday, April 16th. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $73.68.

Insider Activity

In related news, SVP Gene M. Zamiska sold 1,659 shares of the firm’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $41.36, for a total value of $68,616.24. Following the transaction, the senior vice president now directly 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 filing with the SEC, which can be accessed through the SEC website. Insiders own 0.30% of the company’s stock.

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.