Seagate Technology (STX)
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Seagate Technology (STX) overview
Seagate Technology makes hard-disk-drive data storage. It is a member of the S&P 500 and is classified in the Information Technology sector — hardware, software and semiconductor companies driving the digital economy.
Seagate Technology trades on the NasdaqGS under the ticker symbol STX. As of the most recent market data, the stock was priced around $787.66, up 5.66% on the session.
Over the past 52 weeks, STX has traded between $138.30 and $1,145.00. Shares are valued at a trailing price-to-earnings (P/E) ratio of about 70.9, a common gauge of how richly the market prices the company's earnings. Seagate Technology also pays a dividend, currently yielding around 38.00%.
Key statistics
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Why investors watch STX
As one of the larger companies in the Information Technology sector, Seagate Technology is closely followed by investors and often moves with broader trends across hardware, software and semiconductor companies driving the digital economy. Traders watch STX for earnings reports, analyst rating changes, and headlines that can shift sentiment — each of which is summarized on this page as it breaks.
Market Mood
Latest STX news
Micron (MU) Analysts Forecast Memory Price Increase π 32% Q3 2026
Memory stocks surged in premarket trading with Micron (MU) increasing by 2.2%, and SanDisk (SNDK) rising 3.6%. Analysts pointed to improved pricing trends and AI demand. UBS forecasted DDR contract pricing to rise 32% quarter-over-quarter in Q3 2026, an increase from 17%. They also project global memory industry revenue will reach $992 billion in 2026 and rise to $1.76 trillion in 2027, indicating strong growth potential for memory stocks amidst sustained demand.
Read More: Micron (MU) Analysts Forecast Memory Price Increase π 32% Q3 2026
Tech Exec Faces $400,000 Tax Impact on $1.6M Stock Position
A 64-year-old tech executive holds $1.6 million in a single employer stock, with an embedded long-term capital gain of approximately $1.36 million. Selling this amount in one year could trigger a combined tax burden exceeding $400,000 due to federal, state, and Medicare taxes. Alternatives such as spreading sales across four retirement years could significantly reduce the tax impact, keeping much of the gains in the 15% federal bracket. The article discusses the implications of tax strategy in managing concentrated stock positions, particularly regarding long-term capital gains rates.
Read More: Tech Exec Faces $400,000 Tax Impact on $1.6M Stock Position
Stocks Midday Moves: SpaceX, Adobe, Seagate Among Biggest Movers
Stocks exhibited notable movements, with SpaceX, Adobe (ADBE), and Seagate Technology (STX) making significant strides. While specific trading volumes and percentage changes were not detailed, the mention of these companies implies potential market interest. Factors influencing shifts could include recent earnings reports or announcements, though specifics were not provided. Tracking such movements is essential for investors considering market trends and potential investments in these companies.
Read More: Stocks Midday Moves: SpaceX, Adobe, Seagate Among Biggest Movers
Seagate (STX) Shares Drop Over 8% Amid Factory Capacity Concerns
Seagate Technology Holdings PLC (STX) shares fell over 8% on Monday following CEO Dave Mosley's remarks at a JPMorgan conference regarding manufacturing capacity. Mosley indicated that building new factories would take too long, raising concerns about meeting the increasing demand for memory chips driven by artificial intelligence. In addition, shares of industry peers, including Micron Technology (MU) and Western Digital Corp (WDC), also declined, with drops of approximately 5% and 7%, respectively. This drop reflects investor anxiety over the capability of leading memory makers to satisfy mounting demand as production cycles are lengthy.
Read More: Seagate (STX) Shares Drop Over 8% Amid Factory Capacity Concerns
Seagate Technology (STX) stock slides amid market volatility
Seagate Technology (STX) stock experienced a decline today, reflecting broader market volatility. No specific trading volumes or percentage changes were mentioned in the article. This decline indicates investor sentiment regarding STX and market conditions. The performance of STX may influence investor decisions in the tech sector, given its position in hard drive manufacturing.
Read More: Seagate Technology (STX) stock slides amid market volatility
Seagate Technology (STX) Analysts Favor Long-Term Growth Potential
Seagate Technology (STX) reported better-than-expected results for Q3 FY26, prompting TD Cowen analyst Krish Sankar to raise his price target from $500 to $850. The company's FY26 Q4 earnings per share estimate is $5, exceeding Street expectations by 25%. Additionally, Marvell Technology (MRVL) is positioned to benefit from a $100 billion deal between Amazon and Anthropic for AWS technologies. Analyst Srini Pajjuri reaffirmed a buy rating on Marvell, indicating optimized prospects for both firms, particularly in the AI-driven markets.
Read More: Seagate Technology (STX) Analysts Favor Long-Term Growth Potential
Seagate (STX) Stocks Move Midday Amid Notable Market Trends
Midday trading saw significant movements from companies including Seagate (STX). Specific trading volumes and percentage changes for these stocks were noted, impacting overall market dynamics. The article highlights the importance of tracking such fluctuations for investors looking for market opportunities. This data could influence investor behavior and trading strategies in the technology and healthcare sectors.
Read More: Seagate (STX) Stocks Move Midday Amid Notable Market Trends
S&P 500 Futures Flat Amid Oil Rise and Fed Decision
S&P 500 futures were unchanged while oil prices rose due to a U.S. naval blockade on Iran. In premarket trading, Starbucks (SBUX) increased by 4% after raising its full-year outlook. Seagate Technology (STX) and NXP Semiconductors (NXPI) saw increases of over 18% and 19%, respectively, after strong earnings results. Conversely, shares of Robinhood (HOOD) fell 10% as their first-quarter results missed expectations. The market anticipates earnings reports from Alphabet (GOOGL), Amazon (AMZN), Meta Platforms (META), and Microsoft (MSFT) following the close on Wednesday.
Read More: S&P 500 Futures Flat Amid Oil Rise and Fed Decision
Seagate (STX), Robinhood (HOOD) Stocks Making Premarket Moves
Premarket trading has seen significant movements from companies such as Seagate (STX) and Robinhood (HOOD). Specific trading volumes and percentage changes were not disclosed. These shifts may influence investor sentiment and market dynamics as trading progresses. Monitoring these stocks is essential for assessing market reactions to their premarket performance.
Read More: Seagate (STX), Robinhood (HOOD) Stocks Making Premarket Moves
Seagate (STX), Bloom Energy (BE), Teradyne (TER) Lead Earnings Results
Seagate Technology (STX) reported lower earnings, impacting future trading, while Bloom Energy (BE) and Teradyne (TER) also moved market sentiment with their earnings announcements. Notably, tech stocks are under review as major companies prepare for their earnings releases, which could greatly affect market trends. Market analysts are particularly focused on the upcoming tech earnings, which could bring volatility depending on reported performance. Investors are advised to watch these events closely for potential trading opportunities.
Read More: Seagate (STX), Bloom Energy (BE), Teradyne (TER) Lead Earnings Results
Seagate (STX) Stock Rating Upgraded by Barclays on Pricing Outlook
Barclays upgraded Seagate Technology (STX) stock rating based on an improved pricing outlook in the hard disk drive market. Analysts highlighted that this revision reflects stronger demand and pricing stability in the sector. The upgrade could potentially influence investor sentiment and trading volumes for STX shares. Seagate has been actively responding to market conditions with strategic adjustments to its pricing and product offerings.
Read More: Seagate (STX) Stock Rating Upgraded by Barclays on Pricing OutlookMore Information Technology stocks
Frequently asked questions
Is Seagate Technology in the S&P 500?
Yes. Seagate Technology (STX) is a member of the S&P 500 index, classified in the Information Technology sector.
What sector is STX in?
Seagate Technology is classified in the Information Technology sector of the S&P 500 — hardware, software and semiconductor companies driving the digital economy.
Where can I find the latest STX news?
This page collects recent Seagate Technology (STX) news and market analysis, each article summarized by AI and tagged with bullish, bearish, or neutral sentiment.
What is Seagate Technology's stock price?
As of the most recent market data, Seagate Technology (STX) traded at approximately $787.66. Prices move throughout the trading day, so this reflects the latest available quote rather than a live price.
What is STX's P/E ratio?
STX trades at a trailing price-to-earnings ratio of about 70.9. The P/E ratio compares a company's share price to its earnings per share.