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

Western Digital (NASDAQ:WDC) is anticipated to release its Q4 2025 earnings data after the market closes on Wednesday, July 30th. Analysts expect Western Digital to post earnings of $1.47 per share and revenue of $2.45 billion for the quarter. Western Digital has set its Q4 2025 guidance at 1.250-1.650 EPS.

Western Digital (NASDAQ:WDC) last released its earnings results on Wednesday, April 30th. The data storage provider reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.30. Western Digital had a net margin of 13.33% and a return on equity of 20.58%. The firm had revenue of ($1,465.00) million for the quarter, compared to analysts’ expectations of $2.70 billion. During the same period in the previous year, the company earned $0.63 earnings per share. The company’s quarterly revenue was down 33.6% on a year-over-year basis. 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

NASDAQ WDC opened at $68.82 on Monday. The company’s 50 day moving average is $59.91 and its 200-day moving average is $53.41. Western Digital has a 12-month low of $28.83 and a 12-month high of $69.72. The company has a quick ratio of 1.31, a current ratio of 1.56 and a debt-to-equity ratio of 0.95. The firm has a market cap of $24.01 billion, a P/E ratio of 13.03 and a beta of 1.54.

Western Digital announced that its board has initiated a stock repurchase plan on Tuesday, May 13th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the data storage provider to buy up to 11.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Western Digital Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.58%. The ex-dividend date was Wednesday, June 4th. Western Digital’s dividend payout ratio (DPR) is currently 7.58%.

Wall Street Analyst Weigh In

WDC has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised shares of Western Digital from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $45.00 to $57.00 in a report on Thursday, May 1st. Citigroup increased their price target on shares of Western Digital from $62.00 to $78.00 and gave the stock a “buy” rating in a report on Friday, July 11th. BNP Paribas reissued an “outperform” rating on shares of Western Digital in a report on Friday, May 16th. Wall Street Zen began coverage on shares of Western Digital in a report on Friday, May 2nd. They issued a “hold” rating on the stock. Finally, Wells Fargo & Company increased their price target on shares of Western Digital from $65.00 to $80.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Four equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $66.84.

Insider Transactions at Western Digital

In other Western Digital news, SVP Gene M. Zamiska sold 1,729 shares of the firm’s stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $54.88, for a total transaction of $94,887.52. Following the completion of the sale, the senior vice president directly owned 40,089 shares in the company, valued at approximately $2,200,084.32. This trade represents a 4.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Irving Tan sold 11,379 shares of Western Digital stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $48.19, for a total transaction of $548,354.01. Following the completion of the sale, the chief executive officer owned 605,481 shares of the company’s stock, valued at $29,178,129.39. This represents a 1.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,353 shares of company stock valued at $657,454. 0.30% of the stock is owned by company insiders.

Institutional Trading of Western Digital

A hedge fund recently raised its stake in Western Digital stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Western Digital Corporation (NASDAQ:WDC) by 7.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,988 shares of the data storage provider’s stock after buying an additional 3,019 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Western Digital were worth $1,698,000 at the end of the most recent reporting period. 92.51% of the stock is currently owned by institutional investors.

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.