Western digital now
Western Digital
Up to 05/2/2025 04:00 PM East
- 52-week range
- $ 28.83
▼
$ 81.55
- Said the dividend
- 4.48%
- Ratio of p/e.
- 10.64
- Price target
- $ 65.65
Western Digital Corporation NASDAQ: WDC The investor's attention was caught following the announcement of a third-quarter income of 2025 on April 30, not only for defeating revenue expectations but also for the release of a positive forward guide that exceeded Western Digital community forecasts.
The positive outlook, in conjunction with the start of a quarterly dividend, has been able to trigger a well -known advances in Western Digital stock prices, which increased on report day and resumed positive momentum during the following session.
This strong sign from the hard disk drive (HDD) focused company suggests improving the post-isolation foundations from the flash memory business and provides compelling evidence that a cycle uprising in the data storage sector may be getting traction.
Western Digital upbeat forecast is more than expectations
The main driver behind the investor's revised enthusiasm is Western Digital business views for the fourth fiscal quarter, ending on June 27, 2025. Management is expected to earn between $ 2.30 billion and $ 2.60 billion, with a midpoint of $ 2.45 billion. This figure came comfortably ahead of the average analyst estimate that circulated before the report, the signing of management management in the near term demand dynamics.
Equally engaging is the income forecast. The company guides for revenues that are not GAAP per part (EPS) in the range of $ 1.25 to $ 1.65. The mid $ 1.45 has significantly exceeded the previous expectations on Wall Street, indicating that the company expects ongoing stability and profitability.
Moreover, the non-grass gross margin is expected to remain strong, targeted between 40.0% and 41.0%, developing margin expansion achieved in the third quarter. This forward financial strength reflects the focus of the operation of the streamlined company following the completion of the Sandisk (Flash Business) separation on February 21, 2025.
Western digital cloud power drives a Q3 beat
Western Digital Stock Forecast today
$ 65.65
46.90% upside downModerate purchase
Based on 20 analyst ratings
| Current price | $ 44.69 |
|---|---|
| High forecast | $ 100.00 |
| Average forecast | $ 65.65 |
| Low forecast | $ 40.00 |
Details of Western Digital Stock Forecast
The Western digital optimistic Q4 forecast was built into a steady performance in the third quarter of the fiscal (ended March 28, 2025), the first full quarter to operate only as an HDD-centric creature. While income of $ 2.29 billion drops slightly from the results of the HDD segment of the previous quarter (before the separation is fully reflected), it represents a large 31% year-on-year increase Compared to the HDD segment in the same quarter last year. It met the high end of the company's guide scope.
Crucially, the WDC showed strong profitability, reporting a non GAAP EPS of $ 1.36. This result is comfortable to beat the analyst's analyst estimate of $ 1.06, which shows effective cost management and desirable dynamic pricing. Non-grass gross margins crossed the expected 40% threshold, reaching 40.1%.
Driving this performance is the ongoing strong demand from the cloud segment, which costs a dominant 87% of the total WDC revenue in Q3. The income from cloud customers hits $ 2.0 billion, marking a significant 38% year-to-year increase.
This advances are directly linked to the expansion of the data, especially the massive datasets required by the Hyperscale cloud and the burgeoning field of artificial intelligence (AI).
As organizations place more AI applications and store extensive amounts of associated data, the need for cost effective, high capacity storage solutions will continue to accelerate. Western Digital's strategic focus on the delivery of reliable, large capacity position of HDDS that it effectively captures the ongoing wave of this demand.
Western Digital begins the Dividend program
Further Strengthening Positive Narrative, The Board of Western Digital Directors has allowed Adoption A Quarterly Cash Dividend Program.
While moderate to the first, the start of a dividend program is a significant milestone for the post-separation company. This implies the confidence of management of the durability of its business model, the ability to produce a free cash flow, and its commitment to the return of capital to shareholders.
This step suggests a degree of financial stability and a positive outlook on the long -term profitability for now focused on HDD business.
Upgrades and Optimism follow WDC revenues
The combination of the Q3 EPS beat, strong Q4 guide, and the start of the dividend was received by the analyst community. Following the report, many companies reiterated positive positions or released upgrades. The analyst reports headlines reflect the positive emotions, featuring “upbeat outlook,” “long cloud strength,” and “expanding profitability.”
While some analysts are adjusted by specific target prices, the overall rating of consensus for western digital remains a Moderate purchase based on 15 purchase ratings and 4 holding ratings from recent polled analysts. The average target price of the analyst is sitting around $ 66.42, indicating potential reversal from the stock price level shortly after the revenue release.
Is Western Digital leading a potential storage recovery?
Western Digital CO (WDC) Price Price for Sunday, May, 4, 2025
The recent Western Digital income report and, more critical, the forward-seeking guidance provides strong indicators that the company has navigated the post-separation of effectively and capitalizing to favorable market trends. The significant beat of the Q3 income, accompanied by a Q4 income and EPS forecasting exceeding expectations, points to the stable implementation and strengthening of the grounds.
Driven by the relentless expansion of cloud infrastructure and AI data demands, the main WDC HDD business appears to be fixed for continued growth. The start of a dividend adds another layer of confidence, which suggests management believes that positive momentum is preserved.
While the tech sector always involves natural cycles, the latest Western digital projections and strategic positioning offers compelling evidence that the company can lead to a welcome recovery for the critical data storage sector.
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