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

Western Digital (NASDAQ:WDC) issued an update on its third quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.900-1.200 for the period, compared to the consensus EPS 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.

Western Digital Price Performance

Shares of WDC stock traded down $0.07 during trading hours on Wednesday, reaching $62.80. The stock had a trading volume of 10,522,700 shares, compared to its average volume of 6,142,602. The stock’s fifty day simple moving average is $65.72 and its 200 day simple moving average is $65.64. The firm has a market capitalization of $21.71 billion, a PE 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 current ratio of 1.47, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Western Digital (NASDAQ:WDC) last released its quarterly earnings results on Wednesday, January 29th. The data storage provider reported $1.55 earnings per share 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, equities research analysts predict that Western Digital will post 5.54 EPS for the current year.

Analyst Ratings Changes

WDC has been the topic of a number of research reports. Bank of America lowered their price target on Western Digital from $89.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Barclays decreased their price objective on Western Digital from $90.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $95.00 target price on shares of Western Digital in a research note on Friday, January 17th. Rosenblatt Securities decreased their price target on shares of Western Digital from $115.00 to $95.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, BNP Paribas cut their price objective on shares of Western Digital from $95.00 to $90.00 in a research note on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $85.68.

Insider Activity at Western Digital

In other news, SVP Gene M. Zamiska sold 658 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was 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 $2,020,121.37. The trade was a 2.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, insiders sold 1,347 shares of company stock worth $93,027. 0.30% of the stock is owned by company insiders.

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.