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Seagate (STX) Stock Trades At A Premium As Its 14x Run Tests Fair Value
Simply Wall St.30d agoneutral
Seagate (STX) Stock Trades At A Premium As Its 14x Run Tests Fair Value

Seagate Technology Holdings has delivered an extremely strong share price run over the past three years, yet its Discounted Cash Flow (DCF) intrinsic value estimate still points to meaningful upside while the broader valuation checks suggest the stock is not an obvious bargain. Seagate has returned about 14x over the past three years, which puts extra focus on whether today’s price already builds in much of the good news. Expectations that Seagate can benefit from AI driven demand for high...

Stock Indexes Fall as Chipmakers Retreat
Barchart30d agobearish
Stock Indexes Fall as Chipmakers Retreat

The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.43%. September E-mini S&P futures (ESU26 ) are down -0.25%, and September E-mini Nasdaq futures...

Micron, SanDisk, and Western Digital Sink 7% as Samsung Earnings Spark a Memory Selloff
24/7 Wall St.30d agobearish
Micron, SanDisk, and Western Digital Sink 7% as Samsung Earnings Spark a Memory Selloff

Memory and storage stocks are selling off sharply in early trading Tuesday, reversing Monday’s rebound. Micron Technology (NASDAQ:MU) shares are down 7% to $917, SanDisk (NASDAQ:SNDK) stock is off 7% to $1,616, and Western Digital (NASDAQ:WDC) shares are dropping 7% to $537. The selling extends across the group. Seagate Technology (NASDAQ:STX) stock is down 5% ... Micron, SanDisk, and Western Digital Sink 7% as Samsung Earnings Spark a Memory Selloff

Melius Research Initiates Coverage of Seagate Technology (STX)
Insider Monkey31d agoneutral
Melius Research Initiates Coverage of Seagate Technology (STX)

Seagate Technology Holdings Plc (NASDAQ:STX) is one of the best long-term growth stocks to invest in now. Melius Research initiated coverage of Seagate Technology Holdings Plc (NASDAQ:STX) with a Buy rating on June 29, setting a price target of $1,600 on the stock. Previously, Seagate Technology Holdings Plc (NASDAQ:STX) was downgraded by Fox Advisors to Equal-Weight […]

SanDisk Rebounds 5%, Western Digital Gains 5%, Micron Climbs 3% as UBS, Citi, BofA Turn Bullish on Memory
24/7 Wall St.31d agobullish
SanDisk Rebounds 5%, Western Digital Gains 5%, Micron Climbs 3% as UBS, Citi, BofA Turn Bullish on Memory

Memory names are ripping higher in early Monday trading. SanDisk (NASDAQ:SNDK) stock is up 5% to $1,836, Western Digital (NASDAQ:WDC) shares are up 5% to $565.33, and Micron Technology (NASDAQ:MU) stock is up 3% to $1,008.77. The bounce comes after a brutal Thursday session, when SanDisk shares fell 14%, Western Digital shares dropped 10%, and ... SanDisk Rebounds 5%, Western Digital Gains 5%, Micron Climbs 3% as UBS, Citi, BofA Turn Bullish on Memory

Memory Stocks Advance as Analysts Highlight Attractive Entry Point
InvestorsHub31d agoneutral
Memory Stocks Advance as Analysts Highlight Attractive Entry Point

AI Demand and Pricing Outlook Lift Sector SentimentMemory and storage stocks moved higher in premarket trading on Monday after several analysts pointed to improving pricing trends and continued artificial intelligence demand as reasons for renewed optimism across the sector. Micron (NASDAQ:MU) rose 2.

Investing.com31d agobullish
Memory stocks rebound as analysts flag a buying opportunity

Investing.com -- Memory and storage stocks are climbing in premarket trading on Monday, with Micron up 2.2%, SanDisk gaining 3.6%, Western Digital rising 3.4% and Seagate adding 1.8%, as bullish analyst notes pointed to pricing upside and durable AI-driven demand.

Is Seagate (STX) the Best Pick and Shovel AI Stock to Invest In?
Insider Monkey31d agoneutral
Is Seagate (STX) the Best Pick and Shovel AI Stock to Invest In?

Seagate Technology Holdings plc (NASDAQ:STX) is one of the 10 Best Pick and Shovel AI Stocks to Invest In. On July 1, 2026, BofA analyst Wamsi Mohan raised the firm’s price target on Seagate Technology Holdings plc (NASDAQ:STX) to $1,150 from $1,000 and kept a Buy rating. Mohan said the hard disk drive industry is […]

BofA Reaffirms Buy Rating for Seagate Technology Holdings (STX)
Insider Monkey31d agobullish
BofA Reaffirms Buy Rating for Seagate Technology Holdings (STX)

Seagate Technology Holdings plc (NASDAQ:STX) is one of BlackRock’s 30 most important AI stocks right now. BlackRock is the largest institutional investor in the company, holding 6.37% or 14.27 million of outstanding shares, as per the filings on March 31. As of July 2 closing, the stock carried a strongly bullish consensus sentiment. It received […]

Bloomberg32d agoneutral
SK Hynix Seeks Access to AI Investors in $29 Billion US Listing

(Bloomberg) -- This week’s $29 billion US stock-market listing for SK Hynix Inc. may be the biggest-ever first-time share sale by a foreign company, but it isn’t just about raising cash. It’s also about competing in the hottest corner of the global stock market — memory chips used in AI computing.Most Read from BloombergWhy the Great American State Fair Looks So EmptyBrazil Freezes $2 Billion, Pursues Arrests After US SanctionOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutTanker

Axon and Rocket Lab rallied while chip stocks sank
TheStreet32d agoneutral
Axon and Rocket Lab rallied while chip stocks sank

SanDisk Corp. (SNDK) closed out the holiday-shortened week as the Nasdaq’s biggest loser, ending Thursday at $1,745 a share, down 26% for the week, according to Seeking Alpha. Micron (MU), Western Digital (WDC), Seagate (STX) and Teradyne (TER) fell alongside it, each posting double-digit weekly ...

Seagate (STX) Stock Falls As AI Storage Oversupply Fears Rattle Sentiment
Simply Wall St.34d agobearish
Seagate (STX) Stock Falls As AI Storage Oversupply Fears Rattle Sentiment

Seagate Technology Holdings (NasdaqGS:STX) shares dropped sharply as concerns grow about a potential oversupply in AI focused memory and data storage. Sector wide worries center on increased capacity from major storage competitors and signs that AI capital spending may be leveling off. Investors are reassessing demand expectations and pricing power across the storage supply chain as risk of a supply glut builds. For Seagate Technology Holdings, the pullback comes after a period of very...