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Seagate Tech ( (STX) ) has shared an update.
On July 28, 2025, Seagate Technology announced that CEO Dave Mosley will become the Chairman of the Board following the company’s 2025 Annual General Meeting, succeeding Michael R. Cannon, who will become Lead Independent Director. This leadership change reflects the Board’s confidence in Mosley’s strategic vision and aims to guide Seagate through its next phase of growth, leveraging his extensive experience and leadership to drive innovation in data storage technology.
The most recent analyst rating on (STX) stock is a Buy with a $125.00 price target. To see the full list of analyst forecasts on Seagate Tech stock, see the STX Stock Forecast page.
Spark’s Take on STX Stock
According to Spark, TipRanks’ AI Analyst, STX is a Neutral.
Seagate Tech’s strong revenue growth and profitability recovery are countered by high leverage risks. Technical indicators suggest caution due to overbought conditions. Positive earnings call highlights reinforce a positive outlook, though potential financial instability warrants careful monitoring.
To see Spark’s full report on STX stock, click here.
More about Seagate Tech
Seagate Technology is a leading innovator in mass-capacity data storage, offering a comprehensive range of storage devices, systems, and services from edge to cloud. Founded over 45 years ago, Seagate has shipped over four billion terabytes of data capacity, focusing on breakthrough technology to enable confident data storage and value unlocking.
Average Trading Volume: 4,266,439
Technical Sentiment Signal: Buy
Current Market Cap: $32.02B
For an in-depth examination of STX stock, go to TipRanks’ Overview page.