Seagate Technology (STX) is a global leader in data storage solutions, known for its hard disk drives, solid-state drives, and storage systems. Founded in 1978, Seagate operates globally from its headquarters in Dublin, Ireland. STX stock has surged by 90% YTD, surpassing the S&P 500 by a significant margin.

Seagate’s recent success has seen its stock price exceed $164 for the first time, pushing its market cap above $35 billion. Strong quarterly results have contributed to this growth, following a rebound from the $60s in April. Seeking Alpha analyst Narek Hovhannisyan praised Seagate’s 30% revenue growth and record profit margins.

Seagate reported Q4 2025 earnings of $2.59 per share, beating estimates. Revenue hit $2.44 billion, up 30% YoY, driven by cloud demand and AI workloads. The company shipped 162.5 exabytes of HDD storage, with nearline cloud sales making up 91% of mass capacity shipments. Non-GAAP gross margin reached a record 37.9%.

For Q1 2026, Seagate expects revenue between $2.35 billion and $2.65 billion, with EPS ranging from $2.10 to $2.50. The guidance reflects strong cloud demand and the deployment of HAMR technology. Analysts have a positive outlook on Seagate, with a consensus “Moderate Buy” rating and a mean price target of $165.42.

Read more at Yahoo Finance: Is Seagate Stock a Buy at New 2025 Highs?