Western Digital Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Western Digital Corporation (NASDAQ:WDC) will release earnings results for the third quarter, before the opening bell on Wednesday, April 30.

Analysts expect the San Jose, California-based company to report quarterly earnings at $1.11 per share, up from 63 cents per share in the year-ago period. Western Digital projects to report quarterly revenue at $2.48 billion, compared to $3.46 billion a year earlier, according to data from Benzinga Pro.

On Feb. 24, Western Digital announced the completion of the planned separation of the flash business Sandisk.

Western Digital shares fell 0.7% to close at $40.62 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Rosenblatt analyst Kevin Cassidy maintained a Buy rating and cut the price target from $76 to $50 on April 29, 2025. This analyst has an accuracy rate of 66%.
• Morgan Stanley analyst Joseph Moore maintained an Overweight rating and slashed the price target from $93 to $46 on April 16, 2025. This analyst has an accuracy rate of 69%.
• Benchmark analyst Mark Miller upgraded the stock from Hold to Buy with a price target of $55 on April 10, 2025. This analyst has an accuracy rate of 66%.
• Mizuho analyst Vijay Rakesh maintained an Outperform rating and cut the price target from $82 to $68 on April 10, 2025. This analyst has an accuracy rate of 73%.
• UBS analyst Timothy Arcuri maintained a Neutral rating and cut the price target from $74 to $50 on March 17, 2025. This analyst has an accuracy rate of 75%.

Considering buying WDC stock? Here’s what analysts think:

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