Seagate Technology Holdings PLC (STX)

Seagate Technology Holdings Plc (STX) stock has experienced significant positive movement, driven by strong demand in the data storage market. The stock has seen substantial growth, with a 268.18% increase over the last six months and a 196% year-to-date rally in 2025. Strong demand from cloud and AI has been a primary driver for the stock's surge. Seagate reported strong fiscal Q4 and fiscal year 2025 financial results, with revenue increasing by 30% year-over-year. In March 2025, Seagate completed the acquisition of Intevac. Several financial institutions have upgraded their ratings and increased price targets for STX. The company announced a quarterly cash dividend of $0.72 per share. Over the past six months, Seagate Technology Holdings insiders have engaged in stock sales. The revenue guidance for Q3 CY2025 was slightly below analyst estimates, leading to a slight pullback in the stock price in August 2025. The company raised its equity buyback authorization by $5 billion.

Demand for Seagate Technology Holdings Plc's products and services is currently characterized by strong and ongoing trends rather than distinct seasonality. The company is experiencing robust demand from cloud customers and for AI-related infrastructure. Demand visibility extends through the first half of calendar year 2026, indicating a consistent and strong pipeline for Seagate's products.

Seagate Technology Holdings Plc is a global leader in data storage solutions, focusing on the development, production, and distribution of data storage products and electronic data storage solutions. The company's major products include Hard Disk Drives (HDDs) used in various devices, Solid-State Drives (SSDs) designed for faster data access, Solid State Hybrid Drives (SSHDs), Storage Subsystems and Computing Solutions for enterprise data, External Storage Solutions offered under various brands, and Lyve Cloud, an edge-to-cloud mass capacity platform.

Seagate Technology Holdings Plc has a global presence with its legal domicile in Dublin, Ireland, and operational headquarters in Fremont, California, United States. Its operations extend across various regions, including Singapore, the United States, and the Netherlands.

Seagate Technology Holdings Plc maintains a strong brand reputation as a dominant player in the data storage industry. Its brand is synonymous with reliability and innovation, particularly in hard disk drives (HDDs) and solid-state drives (SSDs), serving both enterprise and consumer markets. The company's strategic investments in next-generation drives and its focus on mass capacity storage solutions for cloud and AI infrastructure have contributed to its positive standing.

Seagate Technology Holdings Plc is largely controlled by institutional shareholders, who own approximately 82% to 82.53% of the company. The general public typically holds around 11% of the shares, while insiders own less than 1%. Major institutional owners include The Vanguard Group, Inc., JPMorgan Chase & Co., Sanders Capital, LLC, BlackRock, Inc., State Street Corp, Franklin Resources Inc, Capital Research Global Investors, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Bank Of America Corp /de/, and Fmr Llc.