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

by · The Markets Daily

Western Digital (NASDAQ:WDC – Get Free Report) updated its second quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.750-2.050 for the period, compared to the consensus estimate of 1.950. The company issued revenue guidance of $4.2 billion-$4.4 billion, compared to the consensus revenue estimate of $4.4 billion. Western Digital also updated its Q2 guidance to $1.75-2.05 EPS.

Western Digital Stock Up 4.7 %

NASDAQ:WDC traded up $3.13 during trading hours on Friday, reaching $69.45. The company’s stock had a trading volume of 17,644,446 shares, compared to its average volume of 6,179,462. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 0.78. The company has a market cap of $22.68 billion, a price-to-earnings ratio of -13.97 and a beta of 1.39. Western Digital has a one year low of $35.62 and a one year high of $81.55. The business’s 50-day moving average is $65.42 and its 200-day moving average is $69.70.

Western Digital (NASDAQ:WDC – Get Free Report) last announced its earnings results on Wednesday, July 31st. The data storage provider reported $1.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.17. Western Digital had a negative return on equity of 2.63% and a negative net margin of 3.75%. The firm had revenue of $3.76 billion during the quarter, compared to analysts’ expectations of $3.77 billion. Equities research analysts predict that Western Digital will post 7.75 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Barclays upped their price objective on shares of Western Digital from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday. Evercore ISI reaffirmed an “outperform” rating and issued a $85.00 price target on shares of Western Digital in a report on Thursday, August 15th. Rosenblatt Securities reissued a “buy” rating and set a $115.00 price objective on shares of Western Digital in a report on Friday. BNP Paribas cut their target price on Western Digital from $95.00 to $90.00 in a research note on Thursday. Finally, Wedbush reiterated an “outperform” rating and set a $95.00 price target on shares of Western Digital in a research note on Friday. Six analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $86.09.

Check Out Our Latest Report on WDC

Insider Activity

In other news, EVP Robert Soderbery sold 12,154 shares of the firm’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $57.09, for a total transaction of $693,871.86. Following the sale, the executive vice president now owns 128,413 shares of the company’s stock, valued at $7,331,098.17. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CEO David Goeckeler sold 75,000 shares of the business’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $70.32, for a total value of $5,274,000.00. Following the sale, the chief executive officer now owns 896,630 shares of the company’s stock, valued at $63,051,021.60. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Robert Soderbery sold 12,154 shares of the firm’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $57.09, for a total transaction of $693,871.86. Following the completion of the transaction, the executive vice president now directly owns 128,413 shares of the company’s stock, valued at approximately $7,331,098.17. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 92,955 shares of company stock valued at $6,327,560 in the last quarter. Company insiders own 0.28% of the company’s stock.

Western Digital Company Profile

(Get Free Report)

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.

Recommended Stories