Seagate Is Set for Success, Analyst Highlights Demand and Pricing Strength
Seagate Is Set for Success, Analyst Highlights Demand and Pricing Strength
Also Read: Micron, Seagate, Western Digital Poised for Upswing, Driven by NAND Price Surge, Analyst ForecastsEvercore ISI analyst Amit Daryanani reiterated an Outperform on Seagate Technology Holdings Plc (NASDAQ:STX) with a price target of $110.
Evercore ISI分析师阿米特·达里亚纳尼重申了希捷科技控股有限公司（纳斯达克股票代码：STX）的跑赢大盘，目标股价为110美元。
While early in the quarter, Seagate is positioned to print upside for March-quarter and likely guide June and beyond ahead of street expectations, as per the analyst.
尽管分析师表示，在本季度初，希捷有望在3月份季度上涨，并可能超出华尔街的预期，对6月及以后的指导。
The strength here is a reflection of broad-based demand that could also enable upside for other HDD players, he said.
他说，这里的强劲反映了广泛的需求，这也可能为其他硬盘玩家带来上行空间。
Also Read: Micron, Seagate, Western Digital Poised for Upswing, Driven by NAND Price Surge, Analyst Forecasts
另请阅读：分析师预测，在NAND价格飙升的推动下，美光、希捷、西部数据有望上涨
The analyst highlighted that cyclical recovery in the cloud continues to gain traction and shows sustained momentum.
这位分析师强调，云端的周期性复苏继续获得牵引力，并显示出持续的势头。
He expects the recovery to be broader than just US Hyperscalers, as there are initial signs of demand improvement with Chinese vendors.
他预计，复苏范围将不仅仅是美国的超大规模企业，因为有初步迹象表明中国供应商的需求有所改善。
Given the logical capacity constraints, the analyst also flagged pricing discipline across the HDD market, which should ensure Seagate sees some vital sequential improvements in gross margin from better pricing and leverage.
鉴于合理的容量限制，分析师还指出了整个硬盘市场的定价纪律，这将确保希捷看到更好的定价和杠杆率会使毛利率连续得到一些重要的提高。
While March tends to be seasonally weak on the enterprise side, the analyst noted that demand has been better than expected this time.
尽管3月份企业方面的季节性疲软，但分析师指出，这次需求好于预期。
The analyst noted that HAMR qualifications are going well, but the real upside will be more substantial gross margins as they scale into 40TB HAMR units in early and mid-2025.
这位分析师指出，HAMR资格进展顺利，但真正的上行空间将是毛利率更高，因为它们将在2025年初和中期扩展到40TB HAMR单位。
The analyst said that 40TB HAMR HDDs have comparable BOM vs. 30TB units but clearly richer ASP.
这位分析师表示，与30TB的HAMR硬盘相比，40TB的HAMR硬盘具有相似的BOM，但ASP显然更丰富。
The analyst noted room for upside vs. street expectations of $1.65 billion and $0.25 and given the leverage tailwinds, demand, and margins are tracking ahead of street expectations and the Seagate guide.
该分析师指出，与华尔街预期的16.5亿美元和0.25美元相比，还有上行空间，考虑到杠杆率的利好因素，需求和利润率都超过了华尔街的预期和希捷指南。
Cantor Fitzgerald analyst C J Muse reiterated Seagate with a Neutral and a $95 price target.
坎托·菲茨杰拉德分析师C J Muse重申希捷的中性目标股价为95美元。
Investors can gain exposure to Seagate via First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) and IShares Future Cloud 5G And Tech ETF (NYSE:IDAT).
投资者可以通过第一信托多尔西·赖特动量和股息ETF（纳斯达克股票代码：DDIV）和iShares Future Cloud 5G和科技ETF（纽约证券交易所代码：IDAT）获得希捷的敞口。
Price Action: STX shares traded higher by 0.27% at $98.65 on the last check Tuesday.
价格走势：在周二的最后一次支票中，STX股价上涨0.27％，至98.65美元。
Also Read: Sony and Seagate to Increase HDD Capacity to 30TB, Aim to Meet Growing Data Center Demands
另请阅读：索尼和希捷将硬盘容量增加到30TB，旨在满足不断增长的数据中心需求
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