UBS cuts Western Digital target to USD 470: Western Digital stock falls 3.56 percent

Published on 10/15/2026 at 09:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Western Digital stock costs EUR 312.45 on October 15, 2026 versus the EUR 324.00 Xetra close. Results arrive after market close on October 22, 2026.

Storage pricing sets the test

UBS analyst Timothy Arcuri cut the 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 312.45 at 9:45 a.m. CEST at Lang & Schwarz on October 15, 2026, 3.56 percent below the Xetra close of October 14, 2026.

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Western Digital (ISIN US9581021055) was trading at EUR 312.45 at Lang & Schwarz on October 15, 2026 at 9:45 a.m. CEST, down 3.56 percent versus the Xetra close of October 14, 2026 at EUR 324.00. The stock is absorbing a lower UBS valuation target as investors weigh hard-disk-drive supply against strong recent earnings.

According to Yahoo Finance on October 13, 2026, UBS analyst Timothy Arcuri lowered the target from USD 525.00 to USD 470.00 and kept a Neutral rating. The revision was tied to uncertainty over HDD capacity and future pricing conditions.

What did UBS change?

The cut leaves the target USD 157.55 above the Lang & Schwarz price when currencies are not compared directly, so the two figures describe different markets rather than a euro-based upside calculation. The more important message is the shift in risk: UBS expects near-term results to beat consensus, but questions whether additional supply can preserve Western Digital's pricing power.

Three dated stock events

On August 5, 2026, Western Digital reported fiscal fourth-quarter revenue of USD 3.75 billion and adjusted earnings per share of USD 3.56, according to MarketBeat. On October 8, 2026, the company announced its next report date. On October 13, 2026, UBS cut its target to USD 470.00 from USD 525.00.

When are results due?

Western Digital said in its October 8, 2026 release that it plans to announce fiscal first-quarter 2027 results after the market closes on October 22, 2026, with a conference call at 4:30 p.m. ET, according to Western Digital. MarketBeat lists consensus estimates of USD 4.08 adjusted earnings per share and USD 4.14 billion in revenue for that quarter.

Price stays below Xetra close

The immediate test is whether the company can convert data-center demand into higher margins while capacity expands. Fiscal fourth-quarter revenue rose 43.80 percent year over year to USD 3.75 billion, while the forthcoming quarter's guidance and management comments will show whether that growth can continue.

Western Digital was trading at EUR 312.45 at Lang & Schwarz on October 15, 2026 at 9:45 a.m. CEST, down 3.56 percent versus the Xetra close of October 14, 2026 at EUR 324.00. The further course of trading is shown by the continuously updated real-time quote of Western Digital stock.