Western Digital's Stock Falls 2.72% on $670M Volume Ranking 200th Despite Record Net Income and Bullish Analysts Back Buyback and Dividend

On August 1, 2025, Western Digital (WDC) fell 2.72% with a trading volume of $0.67 billion, ranking 200th in market activity. The stock reported FY2025 results showing $9.52 billion in revenue (down 27% year-on-year) but a net income of $1.64 billion (versus a $852 million loss in FY2024). Earnings per share (EPS) rose to $4.74 from a $2.61 loss. Analysts note a 1.3% revenue beat and a 6.6% annualized growth forecast over three years, outpacing the tech sector’s 5.9% average. The company’s shares had gained 14% weekly prior to the decline.

Unusually high options activity emerged, with 76,361 call options traded—a 473% surge from typical levels. Analysts remain bullish, with 18 “buy” ratings and an average price target of $74.47. Institutional investors increased stakes, including Private Wealth Management Group LLC and CNB Bank, while insiders sold shares, including CEO Irving Tan’s $548,354 transaction. Western Digital also announced a $2 billion share repurchase program and a $0.10 quarterly dividend, signaling confidence in its undervalued stock.

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