01:35 PM EDT, 09/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target to $275 from $174, shifting to 22x our CY 27 EPS view of $12.50. We lift our FY 26 EPS view to $10.74 from $10.24 and FY 27's to $12.96 from $12.07. Our estimate revisions reflect strengthening conviction in STX's earnings power as AI infrastructure drives sustained storage demand growth. Hyperscaler customers are expanding capacity significantly to support model training and inference workloads, creating multiyear visibility for nearline enterprise shipments. We believe STX's HAMR technology commercialization positions the company for sustained margin expansion, with gross margins approaching 40% as higher-capacity platforms scale in production. We project enterprise revenue growth in the high-teens through FY 27 as exabyte shipments increase and average capacity per drive rises. Customer visibility extends through mid-CY 26 via build-to-order agreements. Free cash flow generation of $2B+ annually supports capital returns while funding HAMR expansion.