Seagate Technology Holdings PLC
STX · Technology
$816.64
Loading chart…
News
Latest headlines for this stock
Will Quantum's Cost Discipline Keep Margins on an Upward Trajectory?
Quantum Corporation (QMCO) reported better-than-expected first-quarter fiscal 2027 results with 26% revenue growth, 40% gross profit increase, and a return to non-GAAP profitability. The company eliminated $104.3 million in debt, becoming debt-free and cash-flow positive. Shares surged 130.4% in the past month, and the stock carries a Zacks Rank #2 (Buy) rating.
Seagate (STX) Up 10.7% Since Last Earnings Report: Can It Continue?
Seagate reported Q4 fiscal 2026 earnings of $5.71 per share, beating estimates of $5.10, with revenues of $3.6 billion up 48% year-over-year. Strong AI-driven demand for cloud storage and robust enterprise OEM demand drove 34% revenue growth to $12.2 billion for fiscal 2026. The company expects fiscal 2027 revenue growth to outpace 2026, with Q1 2027 guidance pointing to $4.1 billion in revenues and $7.3 EPS. Seagate has a Zacks Rank #1 (Strong Buy) rating with upward estimate revisions of 30.61%.
YieldMax® Introduces Portfolio Option Income Strategy ETF on Memory and Storage (YRAM)
YieldMax ETFs announced the launch of YRAM, a new ETF focused on memory and storage companies using options-based income strategies. The fund provides diversified exposure across the memory and storage ecosystem, including DRAM manufacturers, NAND flash producers, and storage device makers, positioning investors to benefit from growing demand for data infrastructure driven by AI and cloud computing.
Samsung Just Authorized Its Largest Shareholder Return Ever. Every Major Memory Stock Fell Monday.
Samsung approved a record 90-110 trillion won shareholder return for 2026, about five times its previous record. However, memory stocks fell sharply Monday as investors had expected up to 150 trillion won and were disappointed that buyback details were deferred to January rather than committed immediately. The sell-off reflects investor skepticism about the sustainability of the AI-driven memory boom, with concerns about pricing deceleration evident in companies like Sandisk.
C3.ai vs. Seagate Technology: Which Technology Stock Is a Better Buy in 2026?
The article compares C3.ai, an enterprise AI software platform, with Seagate Technology, a data storage hardware manufacturer. C3.ai faces significant challenges with a 35.7% revenue decline to $250.3M in FY2026, a $470.4M net loss, and an accumulated deficit of $1.8B. Seagate, conversely, reported strong performance with 34.1% revenue growth to $12.2B, $3.2B net income, and $3.1B free cash flow. The analyst recommends Seagate as the better investment due to its profitability, cash generation, and exposure to accelerating cloud storage demand, while advising against C3.ai due to its turnaround challenges and execution risks.