• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    AI Is Redefining Tech Infrastructure Priorities: Seagate Report Calls for Balance Between Cost and Carbon

    4/16/25 12:01:00 AM ET
    $STX
    Electronic Components
    Technology
    Get the next $STX alert in real time by email

    New Seagate Report urges data center ecosystem to shift from fragmented efforts to a unified sustainability approach

    Seagate Technology Holdings plc (NASDAQ:STX), a leader in mass-capacity data storage, today released the Decarbonizing Data1 report, its latest global report based on a commissioned survey, highlighting the growing sustainability challenges facing data centers as enterprises scale to meet the demands of AI.

    Goldman Sachs Research forecasts global power demand from data centers will increase by as much as 165% by 2030, compared with 2023. Seagate's new report reveals that energy usage is now a top concern for 53.5% of business leaders. The rising data volumes, slowing power efficiency gains, and increasing AI adoption are putting pressure on organizations to manage carbon emissions, infrastructure expansion, and total cost of ownership (TCO) – all at once.

    Key Findings:

    • AI to spur a wave of demand for data storage: 94.5% of respondents reported increasing data storage needs, with 97% anticipating AI's growth to further impact storage demand.
    • Environmental impact vs. total cost of ownership: Nearly 95% of respondents are concerned about environmental impact, but only 3.3% prioritize it in purchasing decisions.
    • Top barriers in driving sustainability at data centers: High energy consumption (53.5%), raw material requirements (49.5%), physical space constraints (45.5%), infrastructure costs (28.5%), and acquisition costs (27%)
    • Disconnect in life cycle management: 92.2% acknowledge the importance of extending the life cycle of storage equipment, but only 15.5% consider it a top purchasing factor.

    "Data centers are under intense scrutiny – not only because they support modern AI workloads, but because they are becoming one of the most energy-intensive sectors of the digital economy," said Jason Feist, senior vice president of cloud marketing, Seagate. "This calls for a fundamental shift in how we think about data infrastructure – not as a trade-off between cost and sustainability, but as an opportunity to optimize for both."

    As organizations expand their data capabilities, they face three options: improve efficiency within existing infrastructure, expand data center footprint, or migrate workloads to the cloud. Each option involves trade-offs between cost, carbon, and control, indicating that total cost of ownership and sustainability can be compatible goals. Decisions on energy consumption, space utilization, raw material use, and infrastructure investment now impact both business performance and environmental outcomes.

    To support the industry in navigating this shift, the Decarbonizing Data report outlines three strategic pillars for building a more sustainable data future:

    • Technological Innovation: Technological innovation remains a key driver of sustainable transformation. Advances in computational power, storage areal density, and energy-efficient technologies like liquid/immersion cooling and HVAC systems can significantly lower energy consumption and carbon emissions, effectively managing the growing demand profile. Seagate's HAMR-based Mozaic 3+ platform, now in volume production, enables up to 3 times more capacity in the same footprint, reduces embodied carbon by over 70% per terabyte2, and lowers cost per terabyte by 25%3.
    • Commitment to life cycle extension and circularity: Refurbishing, reusing, and maintaining storage equipment extends lifespan and reduces waste. Real-time environmental monitoring and transparent reporting can foster accountability across the data center environment.
    • Share accountability across the ecosystem: Achieving meaningful emissions reduction – across Scopes 1, 2, and 3 as outlined in the report– requires collaboration across the entire value chain, including vendors, suppliers, and cloud service providers.

    "Sustainability cannot be solved in isolation. A holistic approach spanning infrastructure, life cycle management, and industry-wide accountability could ensure that the growth of AI and data center operations does not come at the expense of the environment," said Jason Feist.

    To view the comprehensive survey results and analysis, download the full Decarbonizing Data report: https://www.seagate.com/resources/decarbonizing-data-report/.

    1. Seagate Technology's Decarbonizing Data report is based on a commissioned global study conducted by independent research firm Dynata, with fieldwork by global communications consultancy Current Global. Interviews were conducted with experts in the field of data storage and infrastructure, and a multi-market online survey was conducted with 330 data center professionals responding across 11 markets, including Australia, China, France, Germany, India, Japan, North America, Singapore, South Korea, Taiwan, and the United Kingdom.
    2. Method: 10TB to 30TB capacity upgrade comparing Exos X10 to Exos X 30TB Mozaic drive, a common drive capacity needing upgrade at data centers today.
    3. Source: IDC Worldwide 1Q24 HDD Shipments and 4-Quarter Outlook by HDD Segment. May 2024. IDC #US52080224

    About Seagate Technology

    Seagate is a leader in mass-capacity data storage. We have delivered more than four and a half billion terabytes of capacity over the past four decades. We make storage that scales, bringing trust and integrity to innovations that depend on data. In an era of unprecedented creation, Seagate stores infinite potential. To learn more about how Seagate leads storage innovation, visit www.seagate.com and our blog, or follow us on X, Facebook, LinkedIn, and YouTube.

    ©2025 Seagate Technology LLC. All rights reserved. Seagate, Seagate Technology, and the Spiral logo are trademarks or registered trademarks of Seagate Technology LLC in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective owners.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250415880077/en/

    For More Information Contact:

    Nari Yoon

    [email protected]

    Jan Jee Chong

    [email protected]

    Karin Taylor

    [email protected]

    Get the next $STX alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $STX

    DatePrice TargetRatingAnalyst
    1/28/2026$340.00 → $500.00Buy
    TD Cowen
    1/21/2026$380.00Neutral → Outperform
    BNP Paribas Exane
    1/16/2026$280.00Negative → Neutral
    Susquehanna
    12/5/2025$325.00Buy
    China Renaissance
    11/11/2025$270.00 → $340.00Buy
    TD Cowen
    10/29/2025$200.00 → $240.00Equal Weight
    Barclays
    10/29/2025$250.00 → $275.00Buy
    Citigroup
    10/29/2025$235.00 → $230.00Neutral
    UBS
    More analyst ratings

    $STX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    CEO Mosley William D sold $8,585,359 worth of Ordinary Shares (20,000 units at $429.27), decreasing direct ownership by 5% to 410,056 units (SEC Form 4)

    4 - Seagate Technology Holdings plc (0001137789) (Issuer)

    2/3/26 4:48:44 PM ET
    $STX
    Electronic Components
    Technology

    Director Geldmacher Jay L sold $414,423 worth of Ordinary Shares (925 units at $448.02), decreasing direct ownership by 81% to 223 units (SEC Form 4)

    4 - Seagate Technology Holdings plc (0001137789) (Issuer)

    2/2/26 4:13:45 PM ET
    $STX
    Electronic Components
    Technology

    EVP & Chief Commercial Officer Teh Ban Seng exercised 9,433 units of Ordinary Shares at a strike of $101.34 and sold $8,931,995 worth of Ordinary Shares (20,195 units at $442.29), decreasing direct ownership by 78% to 3,092 units (SEC Form 4)

    4 - Seagate Technology Holdings plc (0001137789) (Issuer)

    2/2/26 4:13:38 PM ET
    $STX
    Electronic Components
    Technology

    $STX
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Seagate Announces Exchanges with Holders of $600 Million Principal Amount of Exchangeable Notes

    Seagate Technology Holdings plc (NASDAQ:STX) ("Seagate" or "us") and Seagate HDD Cayman, a subsidiary of Seagate ("Seagate HDD") today announced that on February 11, 2026, they entered into separate, privately negotiated exchange agreements with a limited number of holders of Seagate HDD's 3.50% Exchangeable Senior Notes due 2028 (the "notes") to exchange (collectively, the "exchanges") $600 million principal amount of notes for consideration consisting of an aggregate of approximately $599.2 million in cash and a number of Seagate's ordinary shares (the "ordinary shares") to be determined over a one trading day period beginning on, and including, February 12, 2026. The exchanges are expect

    2/12/26 8:00:00 AM ET
    $STX
    Electronic Components
    Technology

    Seagate to Participate in Upcoming Investor Events

    Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, announced that management is scheduled to participate in the following investor events: Event: Bernstein's 4th Annual TMT Forum on Wednesday, February 25, 2026 Details: Presentation at 11:00 AM PT / 2:00 PM ET   Event: Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 3, 2026 Details: Presentation at 10:45 AM PT / 1:45 PM ET   Event: Loop Capital Markets 7th Annual Investor Conference on Tuesday, March 10, 2026 Details: Hosting investor meetings   Event: Cantor G

    2/11/26 4:05:00 PM ET
    $STX
    Electronic Components
    Technology

    Seagate Technology Reports Fiscal Second Quarter 2026 Financial Results

    Fiscal Q2 2026 Highlights Revenue of $2.83 billion GAAP gross margin of 41.6%; non-GAAP gross margin of 42.2% GAAP diluted earnings per share (EPS) of $2.60; non-GAAP diluted EPS of $3.11 Cash flow from operations of $723 million and free cash flow of $607 million Declared cash dividend of $0.74 per share Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal second quarter ended January 2, 2026. "Seagate's December quarter results exceeded our expectations on both the top and bottom line, setting new records for gross margin, operating margin, and non-G

    1/27/26 4:05:00 PM ET
    $STX
    Electronic Components
    Technology

    $STX
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    TD Cowen reiterated coverage on Seagate Tech with a new price target

    TD Cowen reiterated coverage of Seagate Tech with a rating of Buy and set a new price target of $500.00 from $340.00 previously

    1/28/26 6:43:52 AM ET
    $STX
    Electronic Components
    Technology

    Seagate Tech upgraded by BNP Paribas Exane with a new price target

    BNP Paribas Exane upgraded Seagate Tech from Neutral to Outperform and set a new price target of $380.00

    1/21/26 8:57:27 AM ET
    $STX
    Electronic Components
    Technology

    Seagate Tech upgraded by Susquehanna with a new price target

    Susquehanna upgraded Seagate Tech from Negative to Neutral and set a new price target of $280.00

    1/16/26 8:22:15 AM ET
    $STX
    Electronic Components
    Technology

    $STX
    SEC Filings

    View All

    Seagate Technology Holdings PLC filed SEC Form 8-K: Other Events, Unregistered Sales of Equity Securities, Regulation FD Disclosure

    8-K - Seagate Technology Holdings plc (0001137789) (Filer)

    2/12/26 8:15:58 AM ET
    $STX
    Electronic Components
    Technology

    SEC Form 144 filed by Seagate Technology Holdings PLC

    144 - Seagate Technology Holdings plc (0001137789) (Subject)

    2/2/26 4:34:39 PM ET
    $STX
    Electronic Components
    Technology

    SEC Form S-8 filed by Seagate Technology Holdings PLC

    S-8 - Seagate Technology Holdings plc (0001137789) (Filer)

    1/30/26 5:04:48 PM ET
    $STX
    Electronic Components
    Technology

    $STX
    Financials

    Live finance-specific insights

    View All

    Seagate Technology Reports Fiscal Second Quarter 2026 Financial Results

    Fiscal Q2 2026 Highlights Revenue of $2.83 billion GAAP gross margin of 41.6%; non-GAAP gross margin of 42.2% GAAP diluted earnings per share (EPS) of $2.60; non-GAAP diluted EPS of $3.11 Cash flow from operations of $723 million and free cash flow of $607 million Declared cash dividend of $0.74 per share Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal second quarter ended January 2, 2026. "Seagate's December quarter results exceeded our expectations on both the top and bottom line, setting new records for gross margin, operating margin, and non-G

    1/27/26 4:05:00 PM ET
    $STX
    Electronic Components
    Technology

    Seagate Technology to Report Fiscal Second Quarter 2026 Financial Results on January 27, 2026

    Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, will report fiscal second quarter 2026 financial results after the US market closes on Tuesday, January 27, 2026. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be accessed online at Seagate's Investor Relations website at investors.seagate.com. About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over

    1/13/26 4:05:00 PM ET
    $STX
    Electronic Components
    Technology

    Annual Changes to the Nasdaq-100 Index®

    NEW YORK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (NDX®), which will become effective prior to market open on Monday, December 22, 2025. The following six companies will be added to the Index: Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY), Ferrovial SE (NASDAQ:FER), Insmed Incorporated (NASDAQ:INSM), Monolithic Power Systems, Inc. (NASDAQ:MPWR), Seagate Technology Holdings plc (NASDAQ:STX), Western Digital Corp. (NASDAQ:WDC). The Nasdaq-100 Index is a globally recognized index that tracks the performance of 100 of the largest non-financial companies listed on the Nasdaq Stock Market® encompassi

    12/12/25 8:00:00 PM ET
    $ALNY
    $BIIB
    $CDW
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Biotechnology: Biological Products (No Diagnostic Substances)
    Retail: Computer Software & Peripheral Equipment

    $STX
    Leadership Updates

    Live Leadership Updates

    View All

    Seagate Appoints Thomas Szlosek to the Board of Directors

    Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, announced today that Thomas (Tom) Szlosek has been appointed to the company's Board of Directors, and to serve on the Audit and Finance Committee of the Board, effective August 23, 2025. "I am excited to welcome Tom to Seagate's Board of Directors," said Mike Cannon, Seagate's Board Chair. "Tom's deep financial expertise and broad operational experience across multiple Fortune 500 companies spanning a diverse set of industries make him a strong addition to our Board." Mr. Szlosek brings over 30 years of global financial leadership experience across the technology

    8/26/25 4:05:00 PM ET
    $STX
    Electronic Components
    Technology

    Seagate Appoints Dave Mosley to Position of Board Chair

    Chief Executive Officer Dave Mosley elected to become Board Chair Michael R. Cannon to become Lead Independent Director Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, announced today that Chief Executive Officer Dave Mosley has been unanimously elected by the Board of Directors to the additional role of Board Chair, effective following the conclusion of Seagate's 2025 Annual General Meeting of Shareholders, which is expected to be held in October 2025. He will succeed Michael R. Cannon, who will remain a director and assume the additional role of Lead Independent Director. "Since becoming CEO in 2017, Da

    7/28/25 4:05:00 PM ET
    $STX
    Electronic Components
    Technology

    Seagate Announces New Chief Legal Officer

    Jim Lee to head the company's legal team Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, announced today the appointment of Jim Lee as senior vice president, chief legal officer, and corporate secretary. Mr. Lee spent the past 5 years serving as senior vice president, general counsel, and corporate secretary at Maxar Technologies, a global leader in space technology and geospatial intelligence. During his tenure, he significantly strengthened the legal and compliance functions, established a successful litigation track-record, and played a pivotal role in multiple complex transactions. Prior to Maxar, Mr. Lee spent nearly 15 years at Aram

    6/10/24 9:00:00 AM ET
    $STX
    Electronic Components
    Technology

    $STX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Seagate Technology Holdings PLC

    SC 13G/A - Seagate Technology Holdings plc (0001137789) (Subject)

    11/12/24 1:28:33 PM ET
    $STX
    Electronic Components
    Technology

    Amendment: SEC Form SC 13G/A filed by Seagate Technology Holdings PLC

    SC 13G/A - Seagate Technology Holdings plc (0001137789) (Subject)

    11/12/24 10:34:15 AM ET
    $STX
    Electronic Components
    Technology

    SEC Form SC 13G/A filed by Seagate Technology Holdings PLC (Amendment)

    SC 13G/A - Seagate Technology Holdings plc (0001137789) (Subject)

    3/7/24 10:52:43 AM ET
    $STX
    Electronic Components
    Technology