Western Digital headquarters building in Irvine, California, USA. Western Digital Corporation is a provider of solutions for digital content.

Western Digital Likely To Report Lower Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Western Digital Corporation (NASDAQ:WDC) will release earnings results for the first quarter, after the closing bell on Thursday, Oct. 30.

Analysts expect the San Jose, California-based company to report quarterly earnings at $1.58 per share, down from $1.78 per share in the year-ago period. The consensus estimate for Western Digital's quarterly revenue is $2.73 billion, compared to $4.09 billion a year earlier, according to data from Benzinga Pro.

On July 30, Western Digital reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates.

Western Digital shares jumped 13.2% to close at $141.38 on Wednesday.

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.

  • UBS analyst Timothy Arcuri maintained a Neutral rating and raised the price target from $85 to $135 on Oct. 20, 2025. This analyst has an accuracy rate of 82%.
  • Mizuho analyst Vijay Rakesh maintained an Outperform rating and boosted the price target from $120 to $160 on Oct. 17, 2025. This analyst has an accuracy rate of 80%.
  • Loop Capital analyst Ananda Baruah maintained a Buy rating and increased the price target from $92 to $150 on Oct. 16, 2025. This analyst has an accuracy rate of 77%.
  • Wedbush analyst Matt Bryson maintained an Outperform rating and raised the price target from $90 to $135 on Oct. 16, 2025. This analyst has an accuracy rate of 86%.
  • Citigroup analyst Asiya Merchant maintained a Buy rating and boosted the price target from $110 to $135 on Oct. 13, 2025. This analyst has an accuracy rate of 89%.

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

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