Seagate Technology
STX · NASDAQ · Technology
$923.86
+$48.96 (+5.30%) today
Market Cap
$20.20B
24h Volume
$3.0B
P/E Ratio
22.8
52w High
$1,093.26
52w Low
$210.56
Est. AI Revenue
18%
7-Day Sparkline (Static)
Company facts
Performance
About Seagate Technology
Seagate Technology makes mass data storage. It sells high capacity hard disk drives to cloud providers and enterprises, earning revenue from the drives that hold the world's stored data, plus storage systems and services.
AI is now the demand driver: its Exos data center drives fill the nearline storage tiers behind AI data lakes, HAMR technology packs more capacity onto each disk to keep up with training dataset growth, Lyve Cloud offers storage services, and Corvault provides mass storage systems.
Founded in 1978 and headquartered in Fremont, California, Seagate employs about 30,000 people under CEO Dave Mosley and trades on the NASDAQ.
Seagate Technology in the AI buildout
Seagate sits in the Memory & Storage layer of the buildout. AI models are trained on enormous datasets, and the cheapest place to keep them is high capacity hard drives in nearline storage tiers. Demand from AI data lakes, plus HAMR technology raising capacity per drive, is now the central growth story for a business that also serves general cloud storage. Seagate holds the data the buildout runs on, and Supercycle scores its AI exposure at 45 out of 100.
STX is tracked in Memory & Storage, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
STX trades at $923.86, 81% of the way up its 52-week range of $210.56 to $1,093.26.
Market cap
Market capitalization is $20.20B, with an AI Exposure Score of 45 out of 100.
Valuation vs peers
Its P/E ratio of 22.8 is in line with the Memory & Storage category median of 24.6.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Seagate Technology do?
Seagate makes high capacity hard disk drives and storage systems, selling to cloud providers and enterprises that store massive amounts of data.
How is Seagate exposed to AI?
AI data lakes drive demand for its nearline drives, and HAMR technology raises capacity to match training dataset growth. That is now the central story, and Supercycle scores its exposure at 45 out of 100.
What are Seagate's main products?
Exos data center hard drives, HAMR high capacity disk technology, Lyve Cloud storage services, and Corvault mass storage systems.
Who leads Seagate and where is it based?
CEO Dave Mosley leads Seagate from Fremont, California. Founded in 1978, the company employs about 30,000 people and trades on the NASDAQ.
Is STX a pure play AI stock?
No. Seagate's drives serve general cloud storage as well as AI data lakes. Its Supercycle AI Exposure Score of 45 out of 100 reflects strong but partial exposure.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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