Western Digital (NASDAQ:WDC – Get Free Report) 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.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. BNP Paribas cut their price objective on shares of Western Digital from $95.00 to $90.00 in a research report on Thursday, October 24th. Morgan Stanley cut their price target on shares of Western Digital from $100.00 to $93.00 and set an “overweight” rating for the company in a report on Thursday, December 19th. UBS Group decreased their price target on shares of Western Digital from $78.00 to $70.00 and set a “neutral” rating on the stock in a report on Thursday. Mizuho dropped their price objective 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. Finally, Benchmark lowered 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. Seven equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, Western Digital has a consensus rating of “Moderate Buy” and an average price target of $83.68.
Read Our Latest Stock Report on WDC
Western Digital Stock Performance
Western Digital (NASDAQ:WDC – Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The data storage provider reported $1.55 EPS for the quarter, missing analysts’ consensus estimates of $1.91 by ($0.36). Western Digital had a net margin of 9.95% and a return on equity of 16.13%. As a group, analysts anticipate that Western Digital will post 5.37 EPS for the current year.
Insider Activity at Western Digital
In other news, SVP Gene M. Zamiska sold 658 shares of the 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 completion of the sale, the senior vice president now directly owns 28,863 shares of the company’s stock, valued at $2,020,121.37. This represents a 2.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 1,347 shares of company stock worth $93,027. Corporate insiders own 0.30% of the company’s stock.
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.
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