In the current scenario, Seagate Technology Holdings Plc (STX) is experiencing a bullish wave, as evidenced from recent reports. It is becoming a favoured pick by numerous investment firms who are purchasing and increasing their positions in Seagate. Evanson Asset Management, Alps Advisors, Sumitomo Mitsui DS Asset Management and more have all acquired Seagate's shares, signifying a strong market interest in the firm's performance.
Increasing its target price, various hedge funds consider Seagate among cheap ESG and technology stocks to invest in. Strong financial performance is seen as Q3 2025 earnings showcase robust year-on-year growth. New acquisitions by Seagate demonstrates the firm's aggressive strategy to expand its value in the data-driven world. In addition, their shares have outperformed competitors, making Seagate an attractive tech stock in 2025. The company leverages HAMR (Heat-Assisted Magnetic Recording) tech, which is driving its gain. Therefore, STX is considered by several analysts as a worth-to-invest tech stock.
Seagate Technology Holdings Plcs STX News Analytics from Sun, 27 Oct 2024 07:00:00 GMT to Sat, 12 Jul 2025 10:22:39 GMT - Rating 7 - Innovation 5 - Rumor -2
