Western Digital (NASDAQ:WDC) Releases Q2 2025 Earnings Guidance

Western Digital (NASDAQ:WDC) issued an update on its second quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.750-1.750 for the period, compared to the consensus EPS estimate of 1.860. The company issued revenue guidance of $4.3 billion-$4.3 billion, compared to the consensus revenue estimate of $4.3 billion.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Mizuho reduced their target price on shares of Western Digital from $90.00 to $82.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. Rosenblatt Securities reaffirmed a “buy” rating and set a $115.00 price objective on shares of Western Digital in a research note on Friday, October 25th. Cantor Fitzgerald restated an “overweight” rating and set a $95.00 price target on shares of Western Digital in a research report on Friday. Wells Fargo & Company reduced their price objective on Western Digital from $95.00 to $85.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, UBS Group lowered their target price on Western Digital from $74.00 to $72.00 and set a “neutral” rating for the company in a research note on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, Western Digital currently has a consensus rating of “Moderate Buy” and an average target price of $85.65.

Western Digital Stock Performance

WDC opened at $65.04 on Friday. The business’s 50-day moving average price is $65.43 and its two-hundred day moving average price is $66.39. Western Digital has a 1 year low of $52.76 and a 1 year high of $81.55. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.47 and a quick ratio of 0.91. The company has a market capitalization of $22.48 billion, a price-to-earnings ratio of 38.26 and a beta of 1.43.

Western Digital (NASDAQ:WDC) last announced its quarterly earnings data on Thursday, October 24th. The data storage provider reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.23. Western Digital had a net margin of 4.81% and a return on equity of 8.57%. The company had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter last year, the firm posted ($1.97) EPS. The company’s quarterly revenue was up 48.9% on a year-over-year basis. Equities analysts expect that Western Digital will post 6.26 EPS for the current fiscal year.

Insider Activity at Western Digital

In related news, CEO David Goeckeler sold 75,000 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $72.58, for a total value of $5,443,500.00. Following the completion of the sale, the chief executive officer now directly owns 821,630 shares in the company, valued at approximately $59,633,905.40. The trade was a 8.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Robert Soderbery sold 30,767 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $68.01, for a total value of $2,092,463.67. Following the sale, the executive vice president now owns 135,398 shares of the company’s stock, valued at approximately $9,208,417.98. The trade was a 18.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 109,107 shares of company stock worth $7,768,381 in the last ninety days. 0.30% of the stock is owned by company insiders.

Western Digital Company Profile

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications.