Seagate's stock has risen nearly 300% over the past year, fueled by strong demand for AI data storage as hyperscalers need vast capacity for their models. The company reported record revenue and cash flow, with management forecasting at least 20% annual revenue growth for the next few years. Despite a recent pullback from a 52-week high, the stock is rated a buy with a 14.8% upside target over 12 months, supported by full allocation of new high-capacity drives through 2027. Risks include dependence on hyperscaler spending and high valuation metrics, but the AI-driven storage demand positions Seagate for structural growth ahead.
Seagate's surge in stock value tied to AI data storage demand is mirrored in its current trading on Pluang, where STX is priced at USD 837.00 as of Sep 18, 2026 23:11 WIB. The stock shows a solid 1-day gain of 4.22%, reflecting ongoing investor interest. Despite being below its 52-week high of $1.09K, Seagate holds a significant market cap of $182.63 billion, with balanced order activity split evenly between buyers and sellers.
Western Digital's stock fell 4% even as it promoted AI storage solutions at a major conference, reflecting market skepticism without new orders or product launches. Seagate's shares dropped 5% amid broader hard disk drive sector weakness, while Micro...
Seagate and Western Digital both reported strong Q4 2026 results with similar revenue guidance for Q1 2027. Seagate is already shipping next-gen HAMR Mozaic drives to major cloud customers, betting on long-term demand for high-capacity storage. Weste...
