Seagate and Western Digital are benefiting from AI-driven demand for high-capacity hard disk drives, with revenue growth outpacing storage capacity shipments by a wide margin. Seagate focuses on advanced HAMR technology for higher recording density, while Western Digital relies on incremental UltraSMR improvements to maintain capacity leadership. Both companies show strong profitability and free cash flow, but investors remain cautious about potential industry cyclicality and supply expansions. The future hinges on whether Seagate's technology can deliver sustained financial gains and if Western Digital can keep advancing its capacity efficiently.
As investors weigh the future of AI-driven storage technology, Seagate and Western Digital stocks are both seeing declines on Pluang as of Oct 30, 2026 05:51 WIB. Seagate (STX) trades at USD 672.00, down 3.72% for the day, while Western Digital (WDC) is priced at USD 379.00, down 4.39%. On Pluang, Seagate has a market cap of $160.53B and Western Digital $148.39B, with more sellers than buyers for both stocks, reflecting cautious sentiment.
Seagate Technology Holdings plc has been upgraded to a Buy rating with a year-end 2027 price target of $1,034, reflecting improved earnings estimates and an attractive valuation. The company benefits from strong volume growth, 40% price increases, an...
Sandisk's stock fell 23% over the past month due to concerns over AI spending but surged 6% following Seagate's strong quarterly report showing 61% revenue growth and robust storage demand. Seagate's CEO highlighted long-term supply agreements throug...
Seagate Technology increased its quarterly dividend by 2.7% to $0.76 per share, yet the dividend yield fell to about 0.5% due to a significant rise in its stock price, which surged over 170% in the past year. This price jump reflects strong margin gr...
SK Hynix surged 7% after reporting a record quarter driven by strong AI memory demand and warning that shortages could last through 2030. Micron also rose 3% on similar market dynamics. In contrast, Seagate fell 2% despite beating revenue and earning...
Seagate reported record free cash flow and locked in supply contracts through 2030, reflecting strong demand for its hard drives driven by AI and cloud storage growth. Despite revenue rising 61% year-over-year to $4.23 billion and improving margins, ...
