Seagate Technology has locked in nearline hard drive orders with set pricing and configurations through the end of 2027, signaling strong demand visibility. The company expects its HAMR technology to support at least 25% annual growth in data capacity over the next two to three years while maintaining stable drive unit shipments. Morgan Stanley forecasts HDD demand will outpace supply, causing shortages lasting until at least 2028. Despite these positive trends, the author is cautious due to macroeconomic risks and is lowering conviction on Seagate, though the core HDD pricing outlook remains solid.
Seagate and SanDisk stocks dropped 4% and 3% respectively due to profit taking after strong gains this year, with no new company news to explain the decline. Seagate shares have surged 201% year-to-date, while SanDisk rose 29% in the past month. In c...
Vertiv and Seagate both reported strong earnings driven by AI infrastructure demand, but their approaches differ significantly. Vertiv focuses on power and cooling solutions for AI data centers, expanding capacity and acquisitions to support growth, ...
In Q2 2026, the Janus Henderson Global Sustainable Equity fund delivered a 14.19% gross return, slightly outperforming the MSCI World Gross TR index's 13.90% return. The fund's overweight position in the IT sector, the best-performing sector in the i...
Seagate's stock has surged over 380% in the past year, driven by strong demand for data storage from hyperscalers and new technology like HAMR. Currently trading around $904, analysts see potential for the stock to reach $1,000 within 12 to 27 months...
