Seagate Technology Holdings Plc (STX) has reportedly been a major topic among analysts and is earning a reputation as a favorite. The company has produced solid Q2 results. A high investor interest is being driven by plans to further their development with the unveiling of a 36TB Hard Drive developed using HAMR-based Mozaic 3+ technology. These advances, along with strong Q2 results, have led Benchmark to upgrade the company's rating to a buy. Further evidence of Seagate’s positive trajectory is the notable growth in stock positions from entities such as Range Financial Group, Hennion & Walsh Asset Management, and Insight Wealth Strategies. Additional endorsements come from billionaire Stanley Druckenmiller's investment and the company's recognition as an aggressive growth stock. The company's CEO, William Mosley, has reportedly sold 20,000 shares which may raise questions amongst some investors. Yet, Seagate's 2025 revenue report at $2.33 blends with their solid footing in the tech industry to keep them esteemed as a wise investment choice.
Seagate Technology Holdings Plcs STX News Analytics from Sun, 18 Oct 2020 19:52:45 GMT to Sat, 25 Jan 2025 10:25:03 GMT -
Rating 8
- Innovation 2
- Information 9
- Rumor -5
