Western Digital Corporation (NASDAQ:WDC) will release earnings results for its second quarter, after the closing bell on Thursday, Jan. 29.
Analysts expect the San Jose, California-based company to report quarterly earnings at $1.93 per share, up from $1.77 per share in the year-ago period. The consensus estimate for Western Digital’s quarterly revenue is $2.94 billion, versus $4.29 billion a year earlier, according to data from Benzinga Pro.
Western Digital announced that it will hold its Innovation Day event on Feb. 3 in New York.
Western Digital shares jumped 10.7% to close at $279.70 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.
- Mizuho analyst Vijay Rakesh maintained an Outperform rating and raised the price target from $240 to $265 on Jan. 27, 2026. This analyst has an accuracy rate of 82%.
- Morgan Stanley analyst Erik Woodring maintained the stock with an Overweight rating and raised the price target from $228 to $260 on Jan. 22, 2026. This analyst has an accuracy rate of 79%.
- UBS analyst Timothy Arcuri maintained the stock with a Neutral rating and boosted the price target from $145 to $230 on Jan. 20, 2026. This analyst has an accuracy rate of 84%.
- Citigroup analyst Asiya Merchant maintained a Buy rating and increased the price target from $200 to $280 on Jan. 20, 2026. This analyst has an accuracy rate of 89%.
- B of A Securities analyst Wamsi Mohan maintained a Buy rating and boosted the price target from $197 to $257 on Jan. 20, 2026. This analyst has an accuracy rate of 82%.
Considering buying WDC stock? Here’s what analysts think:
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