Western Digital (NASDAQ:WDC) Issues Earnings Results

Western Digital (NASDAQ:WDC) announced its earnings results on Wednesday. The data storage provider reported $1.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.91 by ($0.36), Zacks reports. Western Digital had a return on equity of 16.13% and a net margin of 9.95%. Western Digital updated its Q3 2025 guidance to 0.900-1.200 EPS.

Western Digital Trading Up 4.7 %

Western Digital stock opened at $65.78 on Friday. The firm has a 50-day moving average price of $65.70 and a two-hundred day moving average price of $65.62. Western Digital has a 52-week low of $52.77 and a 52-week high of $81.55. The firm has a market capitalization of $22.74 billion, a price-to-earnings ratio of 15.66 and a beta of 1.43. The company has a quick ratio of 0.91, a current ratio of 1.47 and a debt-to-equity ratio of 0.49.

Analyst Ratings Changes

A number of research firms have recently weighed in on WDC. UBS Group decreased their price target on shares of Western Digital from $78.00 to $70.00 and set a “neutral” rating for the company in a research report on Thursday. Morgan Stanley cut their target price on shares of Western Digital from $100.00 to $93.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. Mizuho decreased their price target on Western Digital from $90.00 to $82.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. Robert W. Baird cut their price objective on Western Digital from $100.00 to $80.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, Wedbush reiterated an “outperform” rating and issued a $95.00 target price on shares of Western Digital in a research report on Thursday. Seven research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $83.68.

Insider Transactions at Western Digital

In other Western Digital news, SVP Gene M. Zamiska sold 658 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $69.99, for a total transaction of $46,053.42. Following the sale, the senior vice president now directly 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last three months, insiders sold 1,347 shares of company stock worth $93,027. Company 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.