Seagate Technology Holdings PLC (STX)

Seagate Technology Holdings Plc's stock price has experienced significant growth due to high demand for data storage. The company reported strong quarterly earnings on July 29, 2025, with an EPS of $2.59, surpassing estimates, and a 29.5% year-over-year increase in quarterly revenue. Analysts have responded positively, with several firms raising their price targets for STX, and Zacks upgraded the stock to a "strong-buy" rating. Seagate has also announced a quarterly dividend of $0.72 per share. In March 2025, Seagate completed the acquisition of Intevac for $119 million. Insider selling has also occurred, and Seagate is scheduled to report its first-quarter fiscal 2026 earnings on October 28, 2025.

According to Seagate CEO William David Mosely, seasonality in the data storage business is diminishing for the majority of Seagate's business. However, historical stock performance data suggests that October has historically favored a long bias for STX stock.

Seagate Technology Holdings Plc (STX) develops, produces, and distributes data storage products and electronic data storage solutions. Its product portfolio includes HDDs, SSDs, and storage subsystems, offering mass capacity storage products, Mission Critical HDDs and SSDs, and external storage solutions under various brands. The company also provides desktop drives, notebook drives, DVR HDDs, gaming SSDs, and the Lyve edge-to-cloud mass capacity platform.

Seagate Technology Holdings Plc operates internationally, with operations in Singapore, the United States, and the Netherlands. Its operational headquarters are in Fremont, California, USA, and it is domiciled in Dublin, Ireland, with international headquarters in Singapore.

Seagate's brand reputation has been generally positive due to its strong financial performance and leadership in high-capacity storage solutions. Strategic investments in HAMR technology have contributed to its leadership. Seagate has demonstrated a commitment to sustainability and the expansion of its Lyve Cloud platform and strategic partnerships have also contributed to its positive standing.

Institutional investors hold a significant majority of Seagate Technology Holdings Plc's stock, accounting for 92.87% of shares. Insiders hold approximately 0.79% of the stock.