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

Western Digital (NASDAQ:WDC) issued an update on its second quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.750-1.750 for the period, compared to the consensus 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 Analysts Forecast Growth

A number of equities analysts recently commented on WDC shares. Morgan Stanley cut their price objective on Western Digital from $100.00 to $93.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. The Goldman Sachs Group reduced their price objective on shares of Western Digital from $81.00 to $70.00 and set a “neutral” rating on the stock in a research note on Friday, January 10th. BNP Paribas lowered their target price on shares of Western Digital from $95.00 to $90.00 in a research note on Thursday, October 24th. Benchmark downgraded Western Digital from a “buy” rating to a “hold” rating and set a $70.00 price target for the company. in a report on Thursday, December 19th. Finally, Wedbush reissued an “outperform” rating and issued a $95.00 price objective on shares of Western Digital in a research note on Friday, November 29th. Seven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $85.65.

Western Digital Trading Up 1.2 %

Shares of Western Digital stock opened at $65.04 on Friday. The company has a current ratio of 1.47, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The stock has a fifty day simple moving average of $65.43 and a 200 day simple moving average of $66.39. Western Digital has a 12-month low of $52.76 and a 12-month high of $81.55. The company has a market capitalization of $22.48 billion, a P/E ratio of 38.26 and a beta of 1.43.

Western Digital (NASDAQ:WDC) last released its quarterly earnings results 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. The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.12 billion. Western Digital had a net margin of 4.81% and a return on equity of 8.57%. The firm’s revenue was up 48.9% on a year-over-year basis. During the same period last year, the firm earned ($1.97) earnings per share. On average, sell-side analysts anticipate that Western Digital will post 6.26 earnings per share for the current fiscal year.

Insider Activity at Western Digital

In related news, CEO David Goeckeler sold 75,000 shares of the company’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 transaction, the chief executive officer now owns 821,630 shares in the company, valued at approximately $59,633,905.40. This represents a 8.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Gene M. Zamiska sold 658 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $69.99, for a total transaction of $46,053.42. Following the completion of the sale, the senior vice president now directly owns 28,863 shares in the company, valued at approximately $2,020,121.37. This trade represents a 2.23 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 109,107 shares of company stock valued at $7,768,381. 0.30% of the stock is owned by insiders.

About Western Digital

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.