Western Digital (WDC) Projected to Post Quarterly Earnings on Wednesday

Western Digital (NASDAQ:WDC) is anticipated to issue its Q3 2025 quarterly earnings data before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $1.06 per share and revenue of $2.70 billion for the quarter.

Western Digital Stock Performance

Shares of NASDAQ:WDC opened at $40.91 on Tuesday. The company has a market capitalization of $14.23 billion, a price-to-earnings ratio of 9.74 and a beta of 1.39. Western Digital has a 12 month low of $28.83 and a 12 month high of $81.55. The firm’s 50-day moving average is $41.76 and its 200 day moving average is $57.65. The company has a current ratio of 1.99, a quick ratio of 1.26 and a debt-to-equity ratio of 0.60.

Insider Transactions at Western Digital

In related news, SVP Gene M. Zamiska sold 1,659 shares of the company’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $41.36, for a total transaction of $68,616.24. Following the transaction, the senior vice president now directly owns 43,776 shares of the company’s stock, valued at $1,810,575.36. This represents a 3.65 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

WDC has been the topic of several analyst reports. Mizuho cut their price target on shares of Western Digital from $82.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, April 10th. Barclays cut their price target on shares of Western Digital from $90.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Susquehanna decreased their price target on shares of Western Digital from $72.00 to $40.00 and set a “neutral” rating for the company in a research note on Friday, April 11th. Morgan Stanley began coverage on Western Digital in a report on Wednesday, April 16th. They issued an “overweight” rating and a $46.00 price target for the company. Finally, Wedbush restated an “underperform” rating on shares of Western Digital in a report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Western Digital currently has an average rating of “Moderate Buy” and a consensus price target of $73.68.

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.