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Jim Cramer flags profit trimming for Seagate after 441% run
Seagate shares closed up 5.7% on the day, and Cramer highlighted the stock ahead of July 28 earnings while noting its outsized gains over multiple time frames.
Yahoo Finance recounts that Jim Cramer urged investors to consider trimming Seagate Technology after the stock surged, drawing a distinction between trimming profits and making a sell call. The article frames Seagate as a standout “comeback” name in the S&P 500, while also pointing to investor portfolio cash needs and rebalancing.
According to the report, Seagate closed the week at $787.66, up 5.66% on the session. It also notes Seagate was up 186.72% year-to-date and 441.28% over the past year, with a 3-year return of 1,285.43%.
The piece links Seagate’s rebound to AI infrastructure spending, saying large language model training and serving generate data that must be stored at hyperscale, and hard disk drives remain a cost-efficient mass-capacity option.
It adds that Seagate’s HAMR technology helped drive differentiation, with its Mozaic 3 platform reaching full qualification across planned cloud service providers earlier in 2026. The report also cites the company’s March 3 disclosures that Mozaic 4 has two customers already qualified, and mentions guidance ahead of July 28 earnings, including fiscal Q4 2026 revenue of $3.45 billion, plus or minus $100 million, and non-GAAP diluted EPS of $5.00.
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