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FREMONT, Calif.--(BUSINESS WIRE)--Seagate's new report highlights AI-driven data storage demand and calls for unified sustainability in data centers to balance cost and carbon.
Seagate Technology Holdings plc is expected to report $1.75 adjusted EPS on $2.14B sales, with 29% y/y growth but an 8% sequential decline. Key focus areas include HDD demand driven by AI advancements and cloud providers' capex, with potential impacts from tariff uncertainties. Seagate's HAMR technology and operational efficiencies are promising, but tariff implications could affect costs and growth outlook.
Tech is one of the best places to look for bargain-priced stocks now, because the sector has been hit so hard. The worst of the tariff storm could be behind us.
Seagate (STX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
If there's a bright side to President Trump's tariffs, proponents say, it's that many S&P 500 stocks are now on sale. The post 11 Stocks Go Deeply On Sale Following Trump's Tariffs appeared first on Investor's Business Daily.
Seagate (STX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (Nasdaq: STX) (“Seagate”), a leading innovator of mass-capacity data storage, announced today that it has completed the acquisition of Intevac, Inc. (Nasdaq: IVAC) (“Intevac”), a supplier of thin-film processing systems. Completion of Tender Offer and Merger The previously announced cash tender offer for all of the outstanding shares of common stock of Intevac for $4.00 per share, payable in cash at closing, without interest and.
Seagate's strong Q2 2025 performance, which beat EPS projections and showed sustained growth, makes it a compelling long-term investment despite recent market volatility. Seagate's valuation has improved significantly in the past few months, making it a good option for investors interested in AI upside potential. The increasing demand for data storage, driven by AI and cloud storage growth, positions Seagate well for future expansion.
Momentum in mass capacity solutions is likely to fuel Seagate's topline expansion. However, intensifying competition remains concerning.