Seagate Is Set for Success, Analyst Highlights Demand and Pricing Strength
Seagate Is Set for Success, Analyst Highlights Demand and Pricing Strength
Evercore ISI analyst Amit Daryanani reiterated an Outperform on Seagate Technology Holdings Plc (NASDAQ:STX) with a price target of $110.
Evercore ISI分析師阿米特·達里亞納尼重申了希捷科技控股有限公司（納斯達克股票代碼：STX）的跑贏大盤，目標股價爲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.
儘管分析師表示，在本季度初，希捷有望在3月份季度上漲，並可能超出華爾街的預期，對6月及以後的指導。
The strength here is a reflection of broad-based demand that could also enable upside for other HDD players, he said.
他說，這裏的強勁反映了廣泛的需求，這也可能爲其他硬盤玩家帶來上行空間。
Also Read: Micron, Seagate, Western Digital Poised for Upswing, Driven by NAND Price Surge, Analyst Forecasts
另請閱讀：分析師預測，在NAND價格飆升的推動下，美光、希捷、西部數據有望上漲
The analyst highlighted that cyclical recovery in the cloud continues to gain traction and shows sustained momentum.
這位分析師強調，雲端的週期性復甦繼續獲得牽引力，並顯示出持續的勢頭。
He expects the recovery to be broader than just US Hyperscalers, as there are initial signs of demand improvement with Chinese vendors.
他預計，復甦範圍將不僅僅是美國的超大規模企業，因爲有初步跡象表明中國供應商的需求有所改善。
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.
鑑於合理的容量限制，分析師還指出了整個硬盤市場的定價紀律，這將確保希捷看到更好的定價和槓桿率會使毛利率連續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.
儘管3月份企業方面的季節性疲軟，但分析師指出，這次需求好於預期。
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.
這位分析師指出，HAMR資格進展順利，但真正的上行空間將是毛利率更高，因爲它們將在2025年初和中期擴展到40TB HAMR單位。
The analyst said that 40TB HAMR HDDs have comparable BOM vs. 30TB units but clearly richer ASP.
這位分析師表示，與30TB的HAMR硬盤相比，40TB的HAMR硬盤具有相似的BOM，但ASP顯然更豐富。
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.
該分析師指出，與華爾街預期的16.5億美元和0.25美元相比，還有上行空間，考慮到槓桿率的利好因素，需求和利潤率都超過了華爾街的預期和希捷指南。
Cantor Fitzgerald analyst C J Muse reiterated Seagate with a Neutral and a $95 price target.
坎託·菲茨傑拉德分析師C J Muse重申希捷的中性目標股價爲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).
投資者可以通過第一信託多爾西·賴特動量和股息ETF（納斯達克股票代碼：DDIV）和iShares Future Cloud 5G和科技ETF（紐約證券交易所代碼：IDAT）獲得希捷的敞口。
Price Action: STX shares traded higher by 0.27% at $98.65 on the last check Tuesday.
價格走勢：在週二的最後一次支票中，STX股價上漲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
另請閱讀：索尼和希捷將硬盤容量增加到30TB，旨在滿足不斷增長的數據中心需求
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照片由 abolukbas 通過 Shutterstock 拍攝