Western Digital Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga04-30 18:58

Western Digital Corporation (NASDAQ:WDC) will release earnings for its third quarter after the closing bell on Thursday, April 30.

Analysts expect the San Jose, California-based company to report quarterly earnings of $2.39 per share, up from $1.36 per share in the year-ago period. The consensus estimate for Western Digital's quarterly revenue is $3.25 billion (it reported $2.29 billion last year), according to Benzinga Pro.

Western Digital, on Feb. 3, authorized an additional $4 billion in share repurchases.

Western Digital shares gained 5.6% to close at $412.76 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.

  • B of A Securities analyst Wamsi Mohan maintained a Buy rating and raised the price target from $415 to $495 on April 27, 2026. This analyst has an accuracy rate of 85%.
  • Barclays analyst Tom O'Mailey maintained an Overweight rating and increased the price target from $325 to $405 on April 22, 2026. This analyst has an accuracy rate of 86%.
  • UBS analyst Timothy Arcuri maintained a Neutral rating and boosted the price target from $285 to $350 on April 21, 2026. This analyst has an accuracy rate of 88%.
  • JP Morgan analyst Harlan Sur maintained an Overweight rating and increased the price target from $320 to $400 on April 16, 2026. This analyst has an accuracy rate of 85%.
  • Citigroup analyst Asiya Merchant maintained a Buy rating and boosted the price target from $335 to $405 on April 13, 2026. This analyst has an accuracy rate of 92%.

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

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