UBS cuts Western Digital target to USD 470 for Western Digital stock

Published on 10/16/2026 at 10:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Western Digital stock costs EUR 315.10 on October 16, 2026, below the EUR 315.30 Xetra close. Results are due October 22 as supply worries test margins.

Target cut and reporting date

UBS lowered its target from USD 525.00 to USD 470.00 on October 13, 2026.
Fiscal fourth-quarter revenue reached USD 3.75 billion, up 43.80 percent year over year.
Western Digital stock trades at EUR 315.10 at 10:42 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.06 percent below the Xetra close of October 15, 2026 at EUR 315.30.
Western Digital will announce fiscal first-quarter 2027 results on October 22, 2026.

Isometrische Lieferkette Datenspeicher, Western Digital, ISIN US9581021055 — Isometrische 3D-Grafik visualisiert Wertschöpfungskette der Datenspeicherproduktion von Western Digital, ISIN US9581021055, schematisch dargestellt, Illustration mit AI erstellt.

Western Digital (ISIN US9581021055) was trading at EUR 315.10 at Lang & Schwarz on October 16, 2026, at 10:42 a.m. CEST, 0.06 percent below the Xetra close of EUR 315.30. Yahoo Finance reported on October 13, 2026, that UBS cut its Western Digital target from USD 525.00 to USD 470.00 while retaining a Neutral rating.

UBS flags supply pressure

The target reduction put capacity and pricing at the center of the Western Digital debate. UBS analyst Timothy Arcuri cited uncertainty around hard disk drive supply capacity and future pricing conditions, while the revised target remained linked to the companys upcoming results.

The move contrasts with the companys latest reported growth. MarketBeat said Western Digital reported fiscal fourth-quarter revenue of USD 3.75 billion, up 43.80 percent year over year, and adjusted earnings per share of USD 3.56 versus consensus of USD 3.31. Revenue also exceeded the USD 3.70 billion estimate.

What will earnings show?

The next report will test whether demand can offset additional supply. MarketBeat said the company set fiscal first-quarter 2027 adjusted earnings-per-share guidance at USD 3.850 to USD 4.150, giving investors a concrete margin and pricing benchmark for the October update.

Three recent milestones

On August 5, 2026, Western Digital reported USD 3.75 billion in fiscal fourth-quarter revenue, according to MarketBeat. On October 8, 2026, Western Digital announced that fiscal first-quarter 2027 results would follow on October 22, 2026. On October 13, 2026, UBS lowered its target from USD 525.00 to USD 470.00, as reported by TradingPedia.

October 22 report is next

Western Digital scheduled its fiscal first-quarter 2027 results for October 22, 2026, after the US market close, with a conference call at 4:30 p.m. Eastern.

Stock holds near the Xetra close

The small euro-market gap leaves the October 22 report as the next measurable test of the storage companys growth, pricing and supply assumptions. Western Digital was trading at EUR 315.10 at Lang & Schwarz on October 16, 2026, at 10:42 a.m. CEST, 0.06 percent below the Xetra close of October 15, 2026 at EUR 315.30. The further course of trading is shown by the continuously updated real-time quote of Western Digital stock.