Seagate Technology Holdings plc (STX) Presents at UBS Global Technology and AI Conference 2025 Transcript
Seagate Technology is a top S&P 500 performer in 2025, benefiting from the AI infrastructure boom and strong cloud storage demand. STX posted robust earnings, raised guidance, and increased its dividend, with management targeting significant HAMR drive penetration and strong free cash flow returns. Valuation remains attractive with a compelling PEG ratio and about 20% upside potential, despite some elevated price-to-sales metrics and competitive risks from WDC.
Seagate (STX) reported earnings 30 days ago. What's next for the stock?
Soaring AI-driven storage demand lifts both Seagate and Micron. However, MU's valuation keeps it in the spotlight.
Seagate's revamped model and surging data center demand fuel stronger growth prospects as Mozaic drive adoption accelerates.
STX posts record margins as demand for its high-capacity Mozaic HAMR drives surges, raising the stakes as cloud and AI workloads drive storage expansion.
STX surges as booming AI data needs and cloud demand fuel record margins, strong guidance and soaring adoption of its high-capacity HAMR drives.
Shares of a data storage provider pushed higher after the company announced a deal to exchange debt for cash and shares. Meanwhile, an artificial intelligence (AI) server maker came under pressure after posting lackluster earnings results.
Shares of data storage leader Seagate Technology NASDAQ: STX surged over 12% in the first week of November, pushing the stock to a new 52-week high and extending a remarkable year-to-date run of over 213%. The immediate catalyst for the jump was a newly announced strategic debt exchange, a move investors are interpreting as a clear sign of financial strength and prudent management.
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, Nov. 5:
Seagate (STX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Seagate (NASDAQ: STX) shares soared by more than ten percent after the data storage powerhouse exceeded expectations in its fiscal Q1 2026 earnings. Revenue rose 21% compared to the previous year, reaching $2.63 billion, and the adjusted EPS climbed to $2.61, both substantially higher than Wall Street forecasts.