We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights Seagate, Western Digital, Micron and Sandisk
Read MoreHide Full Article
For Immediate Release
Chicago, IL – September 29, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Seagate Technology Holdings plc (STX - Free Report) , Western Digital Corp. (WDC - Free Report) , Micron Technology, Inc. (MU - Free Report) and Sandisk Corp, (SNDK - Free Report) .
Here are highlights from Monday’s Analyst Blog:
4 Memory Semiconductor Stocks to Watch in October 2026
Artificial intelligence (AI) is rapidly shaping the global memory market as AI operations require large capacity of memory and storage across its computing stack. AI training and inference require massive datasets, larger models and significantly higher memory bandwidth, driving demand for advanced memory technologies such as high-bandwidth memory (HBM), DDR5 dynamic random access memory (DRAM) and enterprise solid state drives (SSDs).
As AI adoption scales beyond hyperscale data centers to enterprise applications, AI-enabled personal computers, smartphones and edge devices, memory is becoming an increasingly critical component of modern computing infrastructure. The proliferation of AI applications across industries, along with the existing use of memory in conventional servers and enterprise storage systems, is generating additional demand for high-performance storage solutions capable of handling larger datasets with lower latency.
On the supply side, the memory industry remains highly capital intensive and technologically complex. Expanding production capacity requires significant investment, advanced manufacturing expertise and lengthy qualification cycles. Moreover, global DRAM and NAND production is concentrated among a small number of suppliers, making supply growth relatively measured compared with rapidly evolving demand. Advanced memory technologies such as HBM involve even greater manufacturing complexity, further reinforcing barriers to rapid capacity expansion.
These factors, paired with the memory shortage due to supply chain constraints caused by the contemporary geopolitics, are acting as a massive tailwind for the manufacturers of advanced memory products. In the meantime, the suppliers of enterprise storage solutions stand to gain from the continued growth of AI-generated data as well. Investors looking to benefit from the memory chip companies should watch stocks like Seagate Technology Holdings plc, Western Digital Corp., Micron Technology, Inc. and Sandisk Corp.
Stocks to Watch
Seagate Technology is strengthening its position in the AI-driven memory and storage market through an expanding portfolio of high-capacity hard disk drives (HDDs) and enterprise storage solutions. While SSD adoption continues to grow in latency-sensitive applications such as AI servers and enterprise workloads, HDDs remain the most cost-effective solution for large-scale data storage. Seagate's HAMR-based Mozaic platform enables higher-capacity drives with improved power and cost efficiency, positioning the company to benefit from rising AI-driven data creation and growing demand for hyperscale and enterprise storage.
The Zacks Consensus Estimate for fiscal 2026 revenues and earnings per share (EPS) suggests a year-over-year increase of 132% and 55%, respectively. The consensus mark for fiscal 2026 earnings has remained unchanged for the past 30 days. Currently, Seagate Technology sports a Zacks Rank #1 (Strong Buy) and has a Growth Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.
Western Digita lis strengthening its AI storage leadership through high-capacity HDDs and enterprise SSDs. The company is advancing its ePMR, UltraSMR and HAMR roadmaps to deliver higher-density, energy-efficient drives while expanding enterprise SSD offerings. As AI-driven data creation accelerates, Western Digital is well positioned to benefit from growing demand for scalable, cost-effective storage across hyperscale and enterprise data centers.
The Zacks Consensus Estimate for fiscal 2026 Western Digital’s EPS suggests a year-over-year increase of approximately 96%. The consensus mark for fiscal 2026 earnings has remained unchanged for the past 30 days. Currently, Western Digital carries a Zacks Rank #2 (Buy) and has a Growth Score of A.
Micron Technology is the key beneficiary of the AI-driven memory and storage market. Tighter DRAM and NAND supply and a richer mix of HBM, data center SSDs and high-capacity products are driving MU’s business. Micron Technology is reinforcing its competitive position through long-term strategic customer agreements, which secure multi-year demand across DRAM, HBM and NAND products.
Given the high demand for HBM3E, HBM4 and future generations exceeds the company's ability to supply, even under multi-year customer agreements. The company is also pioneering a role in low-power DRAM for data centers through the SOCAMM form factor, which improves power efficiency, performance and memory density for AI servers.
MU’s revenues soared 345.7% year over year to $41.46 billion, and its non-GAAP earnings of $25.11 per share grew 12 times year over year. The Zacks Consensus Estimate for fiscal 2026 EPS suggests a year-over-year increase of approximately 792%. The consensus mark for fiscal 2026 earnings has been revised upward over the past 30 days. Currently, MU carries a Zacks Rank #3 (Hold) and has a Growth Score of A.
Sandisk is a major player in the SSD and NAND markets. The company’s datacenter revenues are scaling as it expands its enterprise SSD portfolio and moves toward adding QLC products. As NAND becomes a critical part of AI inference architectures such as KV cache and RAG, Sandisk is expected to gain. Sandisk raised its 2026 datacenter exabyte growth view to the mid-70% range and reiterated that demand is moving higher on a rolling basis. Enterprise SSD is also expected to gain traction over the next several quarters and years.
The Zacks Consensus Estimate for fiscal 2026 revenues and EPS suggests a year-over-year rise of approximately 143% and 201%, respectively. The consensus mark for fiscal 2026 earnings has been revised upward over the past 30 days. Currently, Sandisk carries a Zacks Rank #3 and has a Growth Score of A.
Free: Instant Access to Zacks' Market-Crushing Strategies
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Free: Instant Access to Zacks' Market-Crushing Strategies
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
View the Zacks #1 Rank List
Image: Bigstock
The Zacks Analyst Blog Highlights Seagate, Western Digital, Micron and Sandisk
For Immediate Release
Chicago, IL – September 29, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Seagate Technology Holdings plc (STX - Free Report) , Western Digital Corp. (WDC - Free Report) , Micron Technology, Inc. (MU - Free Report) and Sandisk Corp, (SNDK - Free Report) .
Here are highlights from Monday’s Analyst Blog:
4 Memory Semiconductor Stocks to Watch in October 2026
Artificial intelligence (AI) is rapidly shaping the global memory market as AI operations require large capacity of memory and storage across its computing stack. AI training and inference require massive datasets, larger models and significantly higher memory bandwidth, driving demand for advanced memory technologies such as high-bandwidth memory (HBM), DDR5 dynamic random access memory (DRAM) and enterprise solid state drives (SSDs).
As AI adoption scales beyond hyperscale data centers to enterprise applications, AI-enabled personal computers, smartphones and edge devices, memory is becoming an increasingly critical component of modern computing infrastructure. The proliferation of AI applications across industries, along with the existing use of memory in conventional servers and enterprise storage systems, is generating additional demand for high-performance storage solutions capable of handling larger datasets with lower latency.
On the supply side, the memory industry remains highly capital intensive and technologically complex. Expanding production capacity requires significant investment, advanced manufacturing expertise and lengthy qualification cycles. Moreover, global DRAM and NAND production is concentrated among a small number of suppliers, making supply growth relatively measured compared with rapidly evolving demand. Advanced memory technologies such as HBM involve even greater manufacturing complexity, further reinforcing barriers to rapid capacity expansion.
These factors, paired with the memory shortage due to supply chain constraints caused by the contemporary geopolitics, are acting as a massive tailwind for the manufacturers of advanced memory products. In the meantime, the suppliers of enterprise storage solutions stand to gain from the continued growth of AI-generated data as well. Investors looking to benefit from the memory chip companies should watch stocks like Seagate Technology Holdings plc, Western Digital Corp., Micron Technology, Inc. and Sandisk Corp.
Stocks to Watch
Seagate Technology is strengthening its position in the AI-driven memory and storage market through an expanding portfolio of high-capacity hard disk drives (HDDs) and enterprise storage solutions. While SSD adoption continues to grow in latency-sensitive applications such as AI servers and enterprise workloads, HDDs remain the most cost-effective solution for large-scale data storage. Seagate's HAMR-based Mozaic platform enables higher-capacity drives with improved power and cost efficiency, positioning the company to benefit from rising AI-driven data creation and growing demand for hyperscale and enterprise storage.
The Zacks Consensus Estimate for fiscal 2026 revenues and earnings per share (EPS) suggests a year-over-year increase of 132% and 55%, respectively. The consensus mark for fiscal 2026 earnings has remained unchanged for the past 30 days. Currently, Seagate Technology sports a Zacks Rank #1 (Strong Buy) and has a Growth Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.
Seagate Technology Holdings PLC price-consensus-chart | Seagate Technology Holdings PLC Quote
Western Digita lis strengthening its AI storage leadership through high-capacity HDDs and enterprise SSDs. The company is advancing its ePMR, UltraSMR and HAMR roadmaps to deliver higher-density, energy-efficient drives while expanding enterprise SSD offerings. As AI-driven data creation accelerates, Western Digital is well positioned to benefit from growing demand for scalable, cost-effective storage across hyperscale and enterprise data centers.
The Zacks Consensus Estimate for fiscal 2026 Western Digital’s EPS suggests a year-over-year increase of approximately 96%. The consensus mark for fiscal 2026 earnings has remained unchanged for the past 30 days. Currently, Western Digital carries a Zacks Rank #2 (Buy) and has a Growth Score of A.
Western Digital Corporation price-consensus-chart | Western Digital Corporation Quote
Micron Technology is the key beneficiary of the AI-driven memory and storage market. Tighter DRAM and NAND supply and a richer mix of HBM, data center SSDs and high-capacity products are driving MU’s business. Micron Technology is reinforcing its competitive position through long-term strategic customer agreements, which secure multi-year demand across DRAM, HBM and NAND products.
Given the high demand for HBM3E, HBM4 and future generations exceeds the company's ability to supply, even under multi-year customer agreements. The company is also pioneering a role in low-power DRAM for data centers through the SOCAMM form factor, which improves power efficiency, performance and memory density for AI servers.
MU’s revenues soared 345.7% year over year to $41.46 billion, and its non-GAAP earnings of $25.11 per share grew 12 times year over year. The Zacks Consensus Estimate for fiscal 2026 EPS suggests a year-over-year increase of approximately 792%. The consensus mark for fiscal 2026 earnings has been revised upward over the past 30 days. Currently, MU carries a Zacks Rank #3 (Hold) and has a Growth Score of A.
Micron Technology, Inc. price-consensus-chart | Micron Technology, Inc. Quote
Sandisk is a major player in the SSD and NAND markets. The company’s datacenter revenues are scaling as it expands its enterprise SSD portfolio and moves toward adding QLC products. As NAND becomes a critical part of AI inference architectures such as KV cache and RAG, Sandisk is expected to gain. Sandisk raised its 2026 datacenter exabyte growth view to the mid-70% range and reiterated that demand is moving higher on a rolling basis. Enterprise SSD is also expected to gain traction over the next several quarters and years.
The Zacks Consensus Estimate for fiscal 2026 revenues and EPS suggests a year-over-year rise of approximately 143% and 201%, respectively. The consensus mark for fiscal 2026 earnings has been revised upward over the past 30 days. Currently, Sandisk carries a Zacks Rank #3 and has a Growth Score of A.
Sandisk Corporation price-consensus-chart | Sandisk Corporation Quote
Free: Instant Access to Zacks' Market-Crushing Strategies
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Get all the details here >>
Free: Instant Access to Zacks' Market-Crushing Strategies
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Get all the details here >>
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.