Shares of hard-drive makers Western Digital and Seagate Technology fell last week, but Morgan Stanley remains optimistic about their upcoming earnings reports. The firm expects both companies to deliver strong financial results and solid future guidance, comparing the current hard-drive market to the memory market a year ago. This suggests potential buying opportunities for investors as the sector could rebound.
Seagate Technology commands a market cap of $150.26 billion on Pluang, with a dividend yield of 0.45%, while Western Digital holds a market cap of $131.84 billion and a dividend yield of 0.17% as of Oct 20, 2026 19:11 WIB. Despite last week's declines, Pluang order activity shows strong buying interest for Seagate at 88% buy versus 12% sell, and a more balanced 55% buy for Western Digital. The typical hold time on Pluang is around 39 days for Western Digital and 42 days for Seagate, indicating moderate-term investor engagement in these hard-drive stocks.
Jim Cramer highlighted SanDisk and Western Digital as risky stocks despite their strong year-to-date gains, warning that a slowdown in data center expansion could sharply reduce their profits. Both companies depend heavily on hyperscalers' spending o...
Western Digital's stock has dropped 50%, driven by sector-wide concerns rather than company-specific issues. Despite this, the company projects 45% revenue growth, a gross margin of 55-56%, and $4.00 earnings per share, signaling strong fundamentals....
