WDC, NAND, NVM, enterprise storage systems, etc. Message Board

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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

SNDK 175.53

-0.5%

9:30 AM EDT

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From: Sam

9/24/2025 10:52:05 AM

of 4817

So timely, as usual. lol.... Give a stock a buy after it has tripled or more.

Seagate Technology, Western Digital to Benefit from AI-Driven Demand, BofA Says

MT NEWSWIRES 10:49 AM ET 9/24/2025

STX	230.91	+2.78 (+1.2186%)
WDC	112.72	+2.47 (+2.2404%)
QUOTES AS OF 10:49:55 AM ET 09/24/2025

Symbol Last Price Change

10:49 AM EDT, 09/24/2025 (MT Newswires) -- Seagate Technology Holdings(STX) and Western Digital(WDC) are poised for higher profitability as demand from artificial intelligence and the limited supply of exabytes are expected to be supportive through 2028, BofA Securities said Wednesday in a report.

Resilient pricing in the hard disk drive industry may support an upside of up to 20% in earnings estimates for both companies, BofA said.

Gross margin estimates may improve if manufacturing efficiencies help slow the increase in cost per drive, the report said.

BofA raised its price target on Seagate(STX) stock to $255 from $215 and boosted Western Digital's(WDC) target to $141 from $123, while maintaining a buy rating on both.

Seagate (STX) shares rose 1.1% in recent Wednesday trading, and Western Digital(WDC) gained 2%.

Price: 230.70, Change: +2.57, Percent Change: +1.13

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