Western Digital (NASDAQ:WDC) Releases Earnings Results, Misses Estimates By $0.36 EPS

Western Digital (NASDAQ:WDC) issued its quarterly 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 8.57% and a net margin of 4.81%. Western Digital updated its Q3 2025 guidance to 0.900-1.200 EPS.

Western Digital Stock Down 0.1 %

WDC traded down $0.07 on Wednesday, hitting $62.80. 10,451,925 shares of the company were exchanged, compared to its average volume of 6,069,527. The company has a current ratio of 1.47, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The company has a market cap of $21.71 billion, a price-to-earnings ratio of 36.94 and a beta of 1.43. The firm has a 50-day moving average price of $65.72 and a two-hundred day moving average price of $65.64. Western Digital has a twelve month low of $52.77 and a twelve month high of $81.55.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Wells Fargo & Company reduced their price target on shares of Western Digital from $95.00 to $85.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Susquehanna upped their target price on Western Digital from $75.00 to $83.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. The Goldman Sachs Group cut their price objective on Western Digital from $81.00 to $70.00 and set a “neutral” rating for the company in a research note on Friday, January 10th. Benchmark cut shares of Western Digital from a “buy” rating to a “hold” rating and set a $70.00 target price on the stock. in a research note on Thursday, December 19th. Finally, Bank of America cut their price target on Western Digital from $89.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, January 16th. Seven research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $85.68.

Insider Buying and Selling

In other 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 value of $46,053.42. Following the transaction, the senior vice president now directly owns 28,863 shares of the company’s stock, valued at $2,020,121.37. The trade was a 2.23 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold 1,347 shares of company stock worth $93,027 over the last 90 days. 0.30% of the stock is owned by 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.