Seagate Technology (STX) has had a remarkable year, with its stock soaring over 80% in 2025. The company is capitalizing on the increasing demand for mass-capacity storage products driven by cloud computing and AI applications. Seagate’s financial performance has been strong, with revenue surging 39% in fiscal 2025, and quarterly revenue jumping 30% year-over-year. The company is optimistic about future growth, especially with the adoption of its next-generation HAMR-based Mozaic drives. Seagate’s stock remains relatively inexpensive, trading at a forward price-earnings ratio of 16.8x, indicating potential for further growth. Analysts are optimistic about Seagate’s prospects due to its strong demand, healthy balance sheet, and low valuation.
Read more at Yahoo Finance: Seagate Stock Skyrockets 80% in 2025. Here’s Why STX Might Still Be a Steal