Seagate (STX)

• Market cap: $45B
• 1 day: 7.72%
• 5 days: 11.69%
• 1 month: 36.71%
• 3 months: 61.11%
• 6 months: 133.26%
• Year to date: 144.38%
• 1 year: 108.12%
• 5 years: 345.97%
• 10 years: 334.31%
• Sector: Technology
• Industry: Computer Hardware

About: Seagate Technology is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

Employees: 30,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

225% more first-time investments, than exits

New positions opened: 234 | Existing positions closed: 72

83% more funds holding in top 10

Funds holding in top 10: 12 [Q1] → 22 (+10) [Q2]

70% more capital invested

Capital invested by funds: $16.8B [Q1] → $28.7B (+$11.8B) [Q2]

19% more funds holding

Funds holding: 786 [Q1] → 932 (+146) [Q2]

11% more repeat investments, than reductions

Existing positions increased: 303 | Existing positions reduced: 273

0.03% more ownership

Funds ownership: 93.64% [Q1] → 93.67% (+0.03%) [Q2]

8% less call options, than puts

Call options by funds: $847M | Put options by funds: $921M

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $80
• Avg. target: $174
• High target: $215

12 analyst ratings

• positive: 7 58%
• neutral: 4 33%
• negative: 1 8%

B of A Securities Wamsi Mohan	$215	Buy Maintained	15 Sep 2025
Barclays Tom O'Malley	$200	Equal-Weight Maintained	11 Sep 2025
Citigroup Asiya Merchant	$215	Buy Maintained	8 Sep 2025
Morgan Stanley Erik Woodring	$168	Overweight Maintained	30 Jul 2025
Baird Tristan Gerra	$188	Outperform Maintained	30 Jul 2025