Seagate Technology

After rising from 63 USD to over 1,100 USD since April 2025, Seagate’s price has lost momentum since the all-time high of 1,145 USD. Monthly candles with small bodies and a possible topping pattern on the weekly chart point to waning upside momentum, while the daily chart shows a bearish flag. A break of the short-term uptrend around 776.94 USD would increase downward pressure; the 200-day line at about 613.74 USD is seen as an important support area. » Mere på finanzen.net

Seagate is shipping 44TB HAMR Mozaic drives into hyperscaler contracts, reaching about 75% of top cloud customers, and expanded gross margin to 52.3% with record free cash flow of $3.1B for the year. The company aims to push more nearline capacity onto HAMR by fiscal 2027 but faces risks from hyperscaler concentration and potential yield issues. Western Digital is extending ePMR and plans its 44TB HAMR drive (Hammer) to ship in first half of 2027, trading at a lower P/E and prioritizing a more conservative rollout. » Mere på finance.yahoo.com

Seagate said at the Goldman Sachs conference that early AI-infrastructure investments, better pricing and the shift to HAMR drives will significantly improve margins. The company is shifting focus from unit counts to exabyte growth, reporting an 11% increase in price per exabyte and incremental gross margins above 70%. The HAMR rollout includes 30‑TB models to large hyperscalers, 40‑TB shipments to the biggest customers and plans for 50‑TB models in 2027; a volume crossover for HAMR is expected by December. Seagate has sharply reduced debt, plans increased share buybacks starting in 2027 and sees sustained demand for several years despite risks from power restrictions or component shortages. » Mere på de.investing.com