Seagate's stock fell over 14% recently due to competitor Toshiba's plans to expand hard-drive capacity, impacting the entire sector. Despite this, Seagate's fundamentals remain strong with nearline capacity nearly fully booked through 2027 and robust revenue growth, including a 48.5% increase year-over-year in Q4 2026. The company’s HAMR technology platform promises higher capacity and margins, supporting a bullish price target of $889.61, a 17.3% upside from current levels. Risks include supply increases from competitors and geopolitical factors, but overall demand driven by AI infrastructure growth supports a positive outlook for Seagate.
Seagate Technology's stock is down 5.37% at USD 675.23 on Pluang, with buyers dominating 87% of order activity. Micron Technology also declined 4.35% to USD 874.34. These movements reflect active trading in the tech sector as of Oct 15, 2026 20:02 WIB.
In Q3 2026, the Polen Focus Growth Portfolio achieved a net return of 4.46%, outperforming the index return of 0.92%. Key contributors to this strong performance were holdings in ServiceNow, Shopify, and Microsoft. Conversely, Nvidia, Apple (which wa...
Seagate is capitalizing on AI expansion by providing advanced storage solutions tailored for large-scale data needs. Its HAMR technology allows for higher-capacity drives, currently offering 44TB models and planning 100TB drives by 2032, which helps ...
Seagate Technology's shares fell 15% in one week, trading well below analyst price targets despite strong revenue growth of 34% in fiscal 2026 and record free cash flow. The company leads in AI storage with its Mozaic platform and has nearly fully al...
SK Hynix shares fell 6% following a five-day selloff in Seoul sparked by ChangXin Memory Technologies' announcement of a new memory-cell design with higher capacity. This news also caused Western Digital and Seagate shares to drop 7%, despite their f...
SanDisk shares dropped 6% amid a broader memory sector selloff triggered by Chinese memory maker ChangXin Memory Technologies' progress in DRAM technology. Although SanDisk specializes in NAND flash and not DRAM, the market reacted negatively across ...
