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

Western Digital (NASDAQ:WDC) updated its second quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.750-1.750 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

WDC has been the subject of a number of research analyst reports. BNP Paribas cut their target price on shares of Western Digital from $95.00 to $90.00 in a research report on Thursday, October 24th. Wells Fargo & Company cut their price objective on Western Digital from $95.00 to $85.00 and set an “overweight” rating for the company in a report on Thursday. Wedbush reissued an “outperform” rating and issued a $95.00 target price on shares of Western Digital in a report on Friday, November 29th. Rosenblatt Securities restated a “buy” rating and set a $115.00 price target on shares of Western Digital in a research note on Friday, October 25th. Finally, Benchmark lowered shares of Western Digital from a “buy” rating to a “hold” rating and set a $70.00 price target for the company. in a research report on Thursday, December 19th. Seven investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, Western Digital currently has a consensus rating of “Moderate Buy” and a consensus price target of $85.14.

Western Digital Price Performance

Shares of NASDAQ WDC traded down $0.38 during mid-day trading on Thursday, reaching $64.25. The company’s stock had a trading volume of 5,308,213 shares, compared to its average volume of 4,858,861. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.47 and a quick ratio of 0.91. Western Digital has a 52 week low of $51.75 and a 52 week high of $81.55. The stock has a fifty day moving average of $65.64 and a two-hundred day moving average of $66.49. The firm has a market capitalization of $22.21 billion, a PE ratio of 37.79 and a beta of 1.43.

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

Insider Buying and Selling

In other news, EVP Robert Soderbery sold 30,767 shares of Western Digital stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $68.01, for a total value of $2,092,463.67. Following the completion of the transaction, the executive vice president now owns 135,398 shares in the company, valued at approximately $9,208,417.98. The trade was a 18.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David Goeckeler sold 75,000 shares of the stock in a transaction on Friday, October 25th. The shares were sold at an average price of $72.58, for a total value of $5,443,500.00. Following the sale, the chief executive officer now owns 821,630 shares in the company, valued at $59,633,905.40. The trade was a 8.36 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 109,107 shares of company stock worth $7,768,381. Insiders own 0.30% of the company’s stock.

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.