STX

NASDAQ:STX

Seagate Technology Holdings plc

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  • Stock

90.01

−1.12%

−64.42

USD last updated 16/08 01:55:59

Last Close

154.43

15/08 20:01

Market Cap

22.41B

Beta: 1.12

Volume Today

5.44M

Avg: 2.34M

PE Ratio

−24.54

PFCF: 35.96

Dividend Yield

3.28%

Payout:−79.81%

Morningstar analysts reported a 1.96% average increase in fair value estimates for US-listed stocks during Q2, with technology and communication services sectors leading the gains. Seagate Technology and Western Digital saw the largest increases, driven by strong data center demand and AI-related growth in hard disk drive shipments. Other notable increases were observed in Societe Generale, United Rentals, Arista Networks, Sunrun, Sonic Automotive, SolarEdge Technologies, and CyberArk Software. Analysts attributed the valuation uplifts to improved earnings, favorable structural shifts in AI-driven demand, cost management, and strategic acquisitions, with some companies benefiting from regulatory changes or market tailwinds.

morningstar.com

Several semiconductor companies saw their stock prices rise in the afternoon session due to a favorable inflation report that boosted investor expectations of a potential Federal Reserve interest rate cut. The slowdown in inflation, as shown in the latest Consumer Price Index (CPI) data, contributed to a broad market rally, pushing the S&P 500 and Nasdaq to new all-time highs. The positive macroeconomic sentiment is especially beneficial for the capital-intensive semiconductor industry, as lower interest rates could reduce borrowing costs for expansion and R&D. Despite recent macroeconomic headwinds such as a weak U.S. jobs report and new import tariffs on Taiwan, which have previously caused stock declines, the current rally reflects market optimism. Semtech, in particular, showed high volatility with 54 moves exceeding 5% in the past year, and its stock is currently trading 31.3% below its 52-week high. The article highlights these stocks as potential investment opportunities amid the AI-driven transformation of corporate technology operations.

markets.financialcontent.com

Seagate Technology reported strong Q2 2025 financial results, exceeding revenue and earnings expectations, driven by increased demand from cloud providers and the ramp-up of advanced nearline and HAMR-based hard drives. Despite strong performance, the market reacted negatively, possibly due to caution around future growth. Management highlighted record gross margins, robust exabyte shipments, and improved operational efficiency. Key analyst questions focused on HAMR drive adoption, AI and edge storage demand, margin guidance, and customer qualification timelines. The company provided guidance for Q3 with slightly lower revenue and EPS expectations than analyst forecasts. Future catalysts include HAMR adoption pace, production scalability, and the impact of new global tax rules and share buybacks. Seagate currently trades at $151.02, down from $152.90 pre-earnings.

markets.financialcontent.com

Seagate Technology (STX) shares rose 3.3% in the morning session following strong financial results, including a 29.5% year-over-year sales increase and a non-GAAP profit per share that exceeded consensus estimates. Analysts such as Baird and Rosenblatt raised price targets to as high as $200, citing robust earnings growth of over 530% in trailing twelve-month EPS and rising demand for mass-capacity storage driven by cloud and AI infrastructure. The stock cooled to $153.91, up 2.3% from the previous close. A prior negative move 12 days earlier was due to a weaker-than-expected forecast for the first fiscal quarter of 2026, with projected revenue of $2.5 billion and adjusted EPS of $2.30, both below consensus. The stock has risen 78.2% year-to-date and is near its 52-week high of $157.01. The article concludes by referencing generative AI and enterprise software as potential future investment opportunities.

markets.financialcontent.com

The article highlights five AI storage stocks—Western Digital, Vertiv Holdings, American Tower, Seagate Technology, and Micron Technology—that have delivered strong performance in 2025 due to rising demand for data storage in AI-driven computing. Each company is described in terms of its technology, market position, revenue trends, and trading potential. The piece emphasizes the role of AI infrastructure growth, particularly from major tech firms like NVIDIA, Microsoft, Amazon, and Google, in driving demand. It also discusses how different stock types—such as hardware innovators and infrastructure REITs—offer varied exposure and risk profiles for traders. The article concludes with advice on diversification, risk management, and the importance of sector-specific analysis in trading AI storage stocks.

timothysykes.com

    Description

    Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage driv...Show More

    Earnings

    Earnings per Share (Estimate*)

    0.511.522.52017-04-262019-04-302021-04-222023-04-202024-10-24

    Revenue (Estimate*)

    1B2B3B4B2017-04-262019-04-302021-04-222023-04-202024-10-24

    *Estimate based on analyst consensus