Western Digital(US:WDC) Ge Long Hui·2025-10-31 15:01Core Insights - Western Digital (WDC.US) shares surged over 14% to $157.65, reaching an all-time high following the release of its Q1 FY2026 earnings report [1] Financial Performance - Revenue for Q1 FY2026 increased by 27.4% year-over-year to $2.82 billion, exceeding analyst expectations of $2.74 billion [1] - Adjusted earnings per share (EPS) were reported at $1.78, higher than the analyst forecast of $1.58 [1] - Free cash flow improved significantly to $599 million, compared to a negative $61 million in the same period last year [1] Future Guidance - The company projects Q2 revenue to be between $2.8 billion and $3.0 billion, with adjusted EPS expected to range from $1.73 to $2.03, while analysts anticipate $2.83 billion in revenue and $1.74 in EPS [1] Analyst Rating - JPMorgan raised the target price for Western Digital from $94 to $175 [1]