Headquartered in 121 Woodlands Avenue 5, Singapore Fiscal year ends June NASDAQ: STX seagate.com
Seagate Technology Holdings plc (NASDAQ: STX) is a mass-capacity data storage company that designs, manufactures, and sells hard disk drives (HDDs) and related storage solutions. With over 45 years of operations, the company serves hyperscale cloud providers, enterprises, and consumers with advanced storage products. Seagate's technology roadmap is centered on HAMR (Heat-Assisted Magnetic Recording) through its Mozaic product platform, which enables higher areal density gains to address growing exabyte demand. The company employs a value-based pricing strategy and focuses on supply discipline to drive profitability. Seagate operates globally and trades on NASDAQ. Updated
Guidance is the reason to stay interested: management sees $4.8 billion in revenue next quarter as HAMR drives record profitability. A double beat and 61% revenue growth were not enough to hold the stock after the filing hit.
A 4.71% gain to $674.55 adds roughly $7 billion to a $153.4 billion storage name in a single session. Moves this size rarely stay quiet here, so keep an eye on whether it holds into the close.
This is routine tax withholding on vested restricted shares, and the $642.14 price tag is the number to notice: Seagate insiders are now settling equity at levels that value the company at $146.5 billion on AI storage demand. Lee still holds 8,665 unvested units riding that same trend.
The House GOP conference chair's spouse put the three biggest tickets into defense IT, chlorine chemicals and offshore drilling, each in the $15,000 to $50,000 range, while trimming Seagate. Nine buys across one September stretch, disclosed 28 days after the first trade, lands days after the Senate shelved a congressional trading ban.
Nearly 29 points of spread separated the top and bottom of the board at Monday's close, with Ciena up 14.29% to $445.37 and Tempus AI down 14.21% to $71.68. Four of the five leaders sit in AI infrastructure names.
Constellation Energy opened 12.1% higher at $300, the biggest move across 385 priority names, with NuScale Power close behind. Storage is on the other side of the ledger: Seagate down 6.3%, SanDisk and Micron also lower.
The storage names took the worst of Friday's close, with Western Digital down 10.07% and Seagate off 9.96%. Teradyne led the whole 379-name board at +7.98%.
Storage names are taking the brunt of the open, with Seagate down 14.8%. On the other side, ON Semiconductor leads the gainers, leaving the spread across this stock universe at roughly 21 points in a single session.
Micron posted record revenue and beat every estimate, yet its stock still shed nearly a third of its value in a month. One analyst says the panic is mispriced, and the market's…
Memory and storage stocks are rallying from a sharp post-midterm selloff, and value investors are zeroing in on Micron Technology (NASDAQ:MU | MU Price Prediction) for its low earnings multiple and its…
Both chipmakers raised guidance, yet investors dumped them like a crisis was underway. One election, one record-setting selloff, and one looming merger now separate a sturdier bet from a riskier one.
SanDisk posted record results, yet the stock keeps sinking as Texas threatens data center moratoria. One of Wall Street's top-ranked analysts says the market has this wrong, and his reasoning hinges on…
Memory and storage stocks are leading the chip sector’s recovery after one of its worst sessions in years. SanDisk (NASDAQ:SNDK | SNDK Price Prediction) stock is at $883.13, up 10% in morning…
Selling in memory and storage stocks is stretching past the post-election slip, and SanDisk (NASDAQ:SNDK | SNDK Price Prediction) is leading the group lower. SanDisk stock is at $968.17, down 7% in…
Record profits, locked-in contracts through 2030 and a stock trading at five times forward earnings, yet Micron just shed billions in a single session. The real threat may come from the customers…
Memory and storage stocks are giving back ground while the broader tech market rallies, and SanDisk (NASDAQ:SNDK | SNDK Price Prediction) is leading the retreat. SanDisk stock is at $1,023.92, down 9%…
Hard drives were supposed to die quietly as flash storage took over, yet Seagate shareholders who held through a brutal downturn found themselves sitting on returns that crushed the S&P 500 at…
Chris Lange Micron has already locked in shipments years ahead, co-designed its next chip with NVIDIA, and posted revenue growth that leaves its peers in the dust, yet the stock trades at a fraction…
A beat-and-raise quarter, a massive buyback and a stock split couldn’t protect one of this year’s biggest memory winners from a sharp selloff. Shares of Sandisk (NASDAQ:SNDK | SNDK Price Prediction) are…
The memory rally from October 28 is turning back just hours before Sandisk (NASDAQ:SNDK | SNDK Price Prediction) reports, and memory makers are taking the hardest hit. Sandisk stock trades at $1,330.60, down…
A Toshiba supply rumor torched Western Digital shares even as the company posted record results and raised guidance, and now two Wall Street firms are betting the selloff created one of the…
Few stocks have climbed harder in 2026 than Sandisk (NASDAQ:SNDK | SNDK Price Prediction). It’s bouncing sharply, but it still trades well below where it sat a month ago, and investors are…
Seagate just raised its dividend and investors barely noticed, because something else about this stock has completely rewritten the math on how to value it.
Seagate Technology Holdings plc (NASDAQ: STX) is a mass-capacity data storage company that designs, manufactures, and sells hard disk drives (HDDs) and related storage solutions. With over 45 years of operations, the company serves hyperscale cloud providers, enterprises, and consumers with advanced storage products.
24/7 Wall St.'s 12-month price target for STX is $687.47, rated Buy. The Wall Street consensus target is $1,044.83. STX price prediction →
