Seagate Technology Holdings Plcs (STX) has been referred to as an 'AI trade' by Jim Cramer and earns the status of one of the top mid-cap picks by an investment expert Steven Cohen. Despite being a subject to a class action due to investors' serious losses, STX is performing incredibly well, outperforming its competitors. The company's solid fiscal Q3 2025 results and strong year-on-year earnings highlight a robust financial standing. BofA maintains a 'buy' status on the stock while other analysts regard it as one of the most promising technology stocks. STX's undervalued status, strong demand in AI and data storage, and its acquisition of Intevac are observed as positive growth indicators. Despite some insider sells, the company's shares remain attractive due to its significant revenue growth, AI strength, and the launch of its groundbreaking 36TB hard drives.
Seagate Technology Holdings Plcs STX News Analytics from Tue, 13 Sep 2022 07:00:00 GMT to Wed, 11 Jun 2025 17:42:29 GMT - Rating 7 - Innovation 3 - Information 8 - Rumor -2