Latest Seagate Technology News & Updates

See the latest news and media coverage for Seagate. We track all announcements, press releases, and industry mentions in real time, all in one place.

Seagate Technology (Seagate)

Mass-capacity data storage provider

seagate.com

Headquarters: Fremont, United States
Founded year: 1979
Company type: Public company
Number of employees: 15,000+

Last updated Today

Latest news about Seagate Technology (Seagate)

In short: Seagate reported record margins and significant profit growth driven by surging demand for AI-scale data storage and its Mozaic HAMR technology.

Company announcements

June 11 Seagate

Seagate announces redemption of exchangeable notes

The company will redeem all outstanding 3.50% Exchangeable Senior Notes due 2028 for cash on September 8, 2026, and noteholders can exchange for shares before Sept 3.

May 28 Seagate

Seagate closes exchange of $185.9M notes for cash and shares

The privately negotiated exchanges retired the notes and issued about 2.02 million ordinary shares.

May 21 Seagate

Seagate exchanges $185.9 million in notes for cash and shares

The exchange agreements involve 3.50% Exchangeable Senior Notes due 2028, with expected closing on May 26, 2026.

May 1 Seagate

Seagate CEO discusses Q3 results on CNBC

He highlights disciplined execution and innovation positioning Seagate for long-term growth amid data storage supercycle.

Media coverage

Today Yahoo Finance

Why JPMorgan Remains Bullish on Seagate Technology Holdings plc (STX)

Seagate Technology Holdings plc (NASDAQ:STX) is among the stocks with the best earnings growth for the next 3 years. On June 12, JPMorgan raised the...

Today Yahoo Finance

Seagate Technology Holdings (STX) Price Target Raised by $268 at Morgan Stanley

With a net profit margin of 21.60%, Seagate Technology Holdings plc (NASDAQ:STX) is included among the 12 Most Profitable American Stocks to Buy in 2026...

June 16 Yahoo Finance

Seagate (STX) Stock Rallies As US Iran Ceasefire Lifts Memory Sector Mood

A ceasefire in the US Iran conflict has been agreed, removing a major geopolitical risk for global markets. The peace deal includes reopening the Strait...

June 16 MSN

This Storage Stock Is Now Up More Than 700% in a Year, and the AI Boom Could Push It Even Higher.

The hard-drive specialist's supply and pricing visibility make the stock worth watching despite a huge run.

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