Seagate Technology's stock has surged over 230% this year due to strong demand for AI storage and record profit margins, with revenue rising 48.5% year-over-year to $3.63 billion in fiscal Q4. Despite this growth, the stock is rated a hold with a modest 3.1% upside target of $934.59, reflecting concerns about its high valuation compared to peers. Management forecasts continued revenue growth and near-full capacity allocation through 2027, but risks include market cyclicality, geopolitical tensions, and reliance on large hyperscale customers. Overall, Seagate's business remains strong, but further gains depend on sustained margin expansion and meeting earnings guidance.
Seagate Technology holds a market cap of $209.73 billion and a dividend yield of 0.32% as of Oct 01, 2026 22:41 WIB. On Pluang, its stock price is USD 916.69, down 0.61% for the day, with moderate trading volume of 3,045,388 shares. This positions Seagate as a significant player in the tech sector, with investors holding shares for an average of 41 days, reflecting steady interest despite recent slight price declines.
SK Hynix shares rose 3% to $187.13, outpacing U.S. rivals Micron and Seagate as demand for high-bandwidth memory (HBM) in AI infrastructure grows. The Roundhill Memory ETF, heavily weighted in SK Hynix and Micron, also gained 2%, while the broader ma...
Seagate Technology Holdings reported fiscal Q4 non-GAAP EPS of $5.71, beating consensus by $0.62, with revenue up 48.8% year-over-year and gross margin rising to 52.7%. The company’s growth is driven by strong cloud demand, disciplined pricing, and s...
Seagate shares have surged over 300% in a year, reaching above $900, driven by strong revenue growth and margin expansion. Management expects at least 20% annual revenue growth and nearline storage capacity is nearly fully allocated through 2027, sup...
