Western Digital (NASDAQ:WDC) Issues Q3 2025 Earnings Guidance

Western Digital (NASDAQ:WDC - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.900-1.200 for the period, compared to the consensus earnings per share estimate of 1.510. The company issued revenue guidance of $3.8 billion-$4.0 billion, compared to the consensus revenue estimate of $4.0 billion.

Analyst Ratings Changes

Several brokerages have recently issued reports on WDC. Barclays reduced their price target on shares of Western Digital from $90.00 to $80.00 and set an "overweight" rating on the stock in a research report on Friday, January 17th. BNP Paribas reduced their price objective on Western Digital from $95.00 to $90.00 in a research note on Thursday, October 24th. Susquehanna increased their price target on Western Digital from $75.00 to $83.00 and gave the company a "neutral" rating in a research report on Friday, October 25th. The Goldman Sachs Group cut their target price on shares of Western Digital from $81.00 to $70.00 and set a "neutral" rating on the stock in a research note on Friday, January 10th. Finally, Morgan Stanley decreased their price target on shares of Western Digital from $100.00 to $93.00 and set an "overweight" rating for the company in a research note on Thursday, December 19th. Seven equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $85.68.

Western Digital Trading Down 0.1 %

Shares of NASDAQ:WDC traded down $0.07 during trading on Wednesday, reaching $62.80. 10,451,925 shares of the stock were exchanged, compared to its average volume of 6,069,527. The firm's 50-day moving average price is $65.72 and its 200 day moving average price is $65.64. The firm has a market cap of $21.71 billion, a price-to-earnings ratio of 36.94 and a beta of 1.43. Western Digital has a 12-month low of $52.77 and a 12-month high of $81.55. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.47.

Western Digital (NASDAQ:WDC - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The data storage provider reported $1.55 EPS for the quarter, missing the consensus estimate of $1.91 by ($0.36). Western Digital had a return on equity of 8.57% and a net margin of 4.81%. On average, sell-side analysts anticipate that Western Digital will post 5.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Gene M. Zamiska sold 658 shares of the firm's stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $69.99, for a total value of $46,053.42. Following the transaction, the senior vice president now directly owns 28,863 shares in the company, valued at approximately $2,020,121.37. This trade represents a 2.23 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 1,347 shares of company stock valued at $93,027 in the last ninety days. Corporate 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.

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