Jim Cramer Makes Big Prediction About Seagate (STX)

We recently published Jim Cramer Said Sandisk Stock Performance is Befuddling & Discussed These 17 Stocks. Seagate Technology Holdings Plc (NASDAQ:STX) is one of the stocks discussed by Jim Cramer.

Seagate Technology Holdings Plc (NASDAQ:STX)’s shares, like those of its peers, have been on a tear in 2026. They are up by a strong 173% year-to-date. Morgan Stanley discussed Seagate Technology Holdings Plc (NASDAQ:STX)’s shares on April 29th. It raised the share price target to $767 from $582 and kept an Overweight rating on the stock. The demand for hard disk drives was at the center of Morgan Stanley’s coverage as it commented that Seagate Technology Holdings Plc (NASDAQ:STX) could benefit from the uptick in demand due to artificial intelligence applications. On the same day, Wedbush lifted the share price target to $825 from $700 and kept an Outperform rating and outlined that Seagate Technology Holdings Plc (NASDAQ:STX) had managed to significantly beat its historic earnings performance with the recent results. Cramer commented on the business strength that the firm is experiencing and remarked that the shares will go higher:

“. . .we’re short compute, we’re short memory, Sandisk goes higher, so does Seagate, so does Western Dig. . .”

Jim Cramer Makes Big Prediction About Seagate (STX)

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