Morgan Stanley research forecasts a “more severe shortage” of hard disk drives (HDDs) that will persist at least through 2028, with suppliers pricing significantly above current levels.

Following intensive research on Asian markets, Morgan Stanley has issued a strong signal: the HDD industry will face a supply gap of 300 exabytes (EB) by 2026, widening to 400 EB in 2027/2028; suppliers’ internal target pricing stands at $25–30 per terabyte—double current levels; under an extremely optimistic scenario, Seagate and Western Digital could see their earnings per share (EPS) increase tenfold over three years.

wallstreetcnJun 16 11:44

Morgan Stanley (MS) Pounds the Table on These Data Storage Names

TipRanks00:12

Seagate Stock Hits 52-Week High - Here's Why

BenzingaJun 16 23:48

Western Digital (WDC) & Seagate (STX) Stocks Soar to New All-Time Highs on Bullish Analyst Updates

TipRanksJun 16 21:48

U.S. Stocks Move | Memory Storage Concept Continues Rally; Western Digital (WDC.US) Rises Over 7%

On Tuesday, storage-related stocks continued their upward trend.

Zhitong FinanceJun 16 21:45

Express News | Morgan Stanley warned that the hard drive shortage will persist at least until 2028, with Western Digital (WDC.O) rising over 7% and Seagate Technology (STX.O) gaining more than 5%.

BreakingsJun 16 21:31