Is Seagate Expertise Inventory Beating the Nasdaq?


Singapore-based Seagate Expertise Holdings plc (STX) engages within the provisioning of knowledge storage expertise and infrastructure options in Singapore, the U.S., and internationally. With a market cap of roughly $60.4 billion, Seagate operates as one of many largest producers of exhausting disk drives (HDDs) on this planet.

Firms with a market cap of $10 billion or extra are categorized as “large-cap shares.” Seagate suits this description completely, with its market cap exceeding this threshold, reflecting its substantial measurement and affect within the SSD and HDD storage market.

STX touched its all-time excessive of $301.47 in yesterday’s buying and selling session earlier than barely pulling again. In the meantime, the inventory has soared 54.9% over the previous three months, notably outperforming the Nasdaq Composite’s ($NASX8.1% beneficial properties throughout the identical timeframe.

www.barchart.com

Seagate’s efficiency has remained spectacular over the long run as nicely. The inventory has surged 246.3% on a YTD foundation and 206.3% over the previous 52 weeks, notably outpacing Nasdaq’s 22.5% beneficial properties in 2025 and 20.2% returns over the previous yr.

STX inventory has traded persistently above its 50-day shifting common since late April and above its 200-day shifting common since early Might, underscoring its bullish pattern.

www.barchart.com

Seagate Expertise’s inventory costs soared 19.1% in a single buying and selling session following the discharge of its spectacular Q1 outcomes on Oct. 28. The surge in new knowledge facilities and the demand for storage options has considerably boosted Seagate’s gross sales in current quarters. Benefitting from this pattern, the corporate has continued to report strong progress in revenues. It delivered a 21.3% year-over-year surge in topline to $2.6 billion.

Additional, the corporate delivered large enchancment in gross and working margins, resulting in a 72.3% progress in EPS to $2.43, beating the consensus estimates by a notable margin.

When in comparison with its peer, STX has lagged behind Western Digital Company’s (WDC306.8% surge in 2025 and 252.5% returns over the previous yr.

Among the many 24 analysts protecting the STX inventory, the consensus score is a “Robust Purchase.” As of writing, the inventory is buying and selling barely above its imply worth goal of $293.86.

On the date of publication, Aditya Sarawgi didn’t have (both instantly or not directly) positions in any of the securities talked about on this article. All data and knowledge on this article is solely for informational functions. For extra data please view the Barchart Disclosure Coverage right here.



Supply hyperlink


Posted

in

by

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.