Western Digital (NASDAQ:WDC) Issues Earnings Results

Western Digital (NASDAQ:WDC) posted its quarterly earnings data on Wednesday. The data storage provider reported $1.55 earnings per share for the quarter, missing the consensus estimate of $1.91 by ($0.36), Zacks reports. Western Digital had a net margin of 4.81% and a return on equity of 8.57%. Western Digital updated its Q3 2025 guidance to 0.900-1.200 EPS.

Western Digital Trading Down 0.1 %

WDC stock traded down $0.07 on Wednesday, hitting $62.80. 10,522,700 shares of the company were exchanged, compared to its average volume of 6,142,602. The stock has a market capitalization of $21.71 billion, a price-to-earnings ratio of 36.94 and a beta of 1.43. The business’s fifty day moving average is $65.72 and its two-hundred day moving average is $65.64. Western Digital has a twelve month low of $52.77 and a twelve month high of $81.55. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.47 and a quick ratio of 0.91.

Analyst Upgrades and Downgrades

WDC has been the subject of several analyst reports. Citigroup reduced their price objective on Western Digital from $87.00 to $85.00 and set a “buy” rating for the company in a research note on Tuesday, December 3rd. The Goldman Sachs Group dropped their target price on shares of Western Digital from $81.00 to $70.00 and set a “neutral” rating for the company in a report on Friday, January 10th. Wells Fargo & Company decreased their price objective on shares of Western Digital from $95.00 to $85.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th. Rosenblatt Securities dropped their target price on shares of Western Digital from $115.00 to $95.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Benchmark downgraded shares of Western Digital from a “buy” rating to a “hold” rating and set a $70.00 price target on the stock. in a report on Thursday, December 19th. Seven research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat, Western Digital currently has an average rating of “Moderate Buy” and an average target price of $85.68.

Insider Transactions at Western Digital

In related news, SVP Gene M. Zamiska sold 658 shares of Western Digital stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $69.99, for a total transaction of $46,053.42. Following the transaction, the senior vice president now owns 28,863 shares in the company, valued at approximately $2,020,121.37. The trade was a 2.23 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 1,347 shares of company stock worth $93,027 in the last ninety days. Insiders own 0.30% of the company’s stock.

Western Digital Company Profile

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.