Seagate Stock News

Shares of Seagate Technology Holdings PLC (STX) up 2,271% since Big Money's initial outlier inflow signal in 2005.

What would be your first guess if you were told the S&P 500's biggest gainer of the year was an artificial intelligence play? Before reading this headline, it would've likely been Palantir, NVIDIA, or maybe Broadcom.

Many artificial intelligence (AI) stocks have zoomed higher over the last three years, following the introduction of OpenAI's ChatGPT. One of the biggest winners, by far, has been Palantir Technologies (PLTR 2.70%).

Seagate Technology Holdings plc (NASDAQ:STX ) Goldman Sachs Communicopia + Technology Conference 2025 September 8, 2025 1:10 PM EDT Company Participants Gianluca Romano - Executive VP & CFO Conference Call Participants James Schneider - Goldman Sachs Group, Inc., Research Division Presentation James Schneider Senior Research Analyst Okay. With that, let's get started.

During the week ending September 5, the S&P 500 was essentially unchanged, slipping 0.12%. In contrast, several S&P 500 constituents—particularly AI-related names—posted strong gains.

You'd think Palantir Technologies' 107% stock gain would lock it in as the year's best stock in the S&P 500. But it just got passed up.

Seagate's explosive revenue and EPS growth, fueled by AI and cloud storage demand, positions it as a leading data management innovator with strong momentum. Recent record-setting results, including 39% annual revenue growth and significant margin expansion, highlight robust operational execution and accelerating cloud segment demand. Despite a 94% YTD rally, STX remains undervalued vs. peers, t...

In my followup on Seagate Technology (STX) which I rated a buy last fall, I am reaffirming that rating, agreeing with today's bullish consensus in Seeking Alpha. Upside factors include macro demand for storage products for the AI/cloud/data center segments, along with strong profit margins and positive cashflow growth. The stock is a dividend payer and has grown its dividend, and is reducing lo...