Seagate: HAMR Has Matured Into A Supply Story

01:07am, Thursday, 02'nd Apr 2026
I reiterate Seagate Technology Holdings (STX) with a Strong Buy rating as HAMR technology transitions from roadmap to production, driving margin expansion and customer commitments. STX is now position
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AI memory stocks are tanking on TurboQuant fears. The bear case misreads an efficiency breakthrough as demand destruction.
It has been a bruising 24 hours for investors in memory chip storage companies, including Micron Technology, Inc. (Nasdaq: MU), SanDisk Corporation (Nasdaq: SNDK), Western Digital Corporation (Nasdaq:
Seagate Technology (NASDAQ:STX) received a bullish price target raise from Bernstein on Tuesday, with the firm lifting the target to $620 from $500 while keeping an Outperform rating.
Seagate Technology remains a buy after a 20% pullback from all-time highs, supported by robust earnings and technical strength. STX delivered a beat-and-raise quarter with 22% YoY revenue growth, 42.2
As shares of Seagate Technology struggle at the bourses, JPMorgan sees the pullback as a buying opportunity, citing strong demand trends and improving fundamentals in the data storage market. The stoc
Bullish analyst expectations in AI memory and travel stocks added fuel to Monday's positive price action. Diane King Hall starts with JPMorgan's upgrade on Seagate (STX), which the firm now sees as a
Seagate Technology stock has surged over the past year, but J.P. Morgan says rising AI-driven data-center demand and expanding margins could push shares even higher.
Eastern Bank acquired a new stake in shares of Seagate Technology Holdings PLC (NASDAQ: STX) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission.
Seagate Technology Holdings remains a 'Buy' as HAMR technology drives margin expansion and establishes a widening technological moat. STX's Q2 2026 results showed 21.5% YoY revenue growth, 42.2% adjus
Shares of Seagate Technology Holdings PLC (NASDAQ: STX - Get Free Report) have earned an average recommendation of "Moderate Buy" from the twenty-four ratings firms that are covering the company, Mark
Seagate rides AI-driven storage demand with HAMR and strong cash flow, while IBM bets on hybrid cloud and AI platforms-two different paths into the data boom.
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