• 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

    Seagate Introduces Hard Drive Capacities of Up to 36TB, Extending Its HAMR-Based Mozaic 3+ Technology Platform

    1/21/25 12:01:00 AM ET
    $STX
    Electronic Components
    Technology
    Get the next $STX alert in real time by email

    Seagate Technology Holdings plc (NASDAQ:STX), an innovator of mass capacity data storage, today announced shipments of Exos M hard drive samples to select customers in industry-leading capacities up to 36 terabytes (TB). Based on Mozaic 3+, the company's breakthrough heat-assisted magnetic recording (HAMR) technology platform, Exos M delivers unprecedented storage scale for large-scale data center deployments.

    Key Takeaways

    • Adopted by Cloud Service Providers: Seagate is currently ramping Exos M to volume shipments on capacity points up to 32TB with a leading cloud service provider. Separately, Seagate is also sampling drives on the Exos M platform of up to 36TB.
    • Mozaic 3+ and HAMR Innovation: Based on Seagate's Mozaic 3+ technology platform, the industry's first implementation of heat-assisted magnetic recording (HAMR), Exos M offers data center operators significant scale, total cost of ownership (TCO), and sustainability advantages, including 300% more storage capacity within the same data center footprint, a 25% cost reduction per terabyte and 60% reduction in power consumption per terabyte.1
    • Unrivalled Areal Density: Exos M, powered by HAMR-based Mozaic 3+ platform, now delivers capacity points up to 36TB through a highly efficient 10-platter product design. Seagate is the only data storage company that can achieve areal densities of 3.6TB per hard drive platter today, with a pathway to increasing per-platter capacity to 10TB.

    Quotes

    Dell Technologies:

    Infrastructure solutions provider Dell Technologies is among the first customers to adopt Mozaic 3+ and will soon integrate Exos M 32TB into their high-density storage systems.

    "As customers build out their AI factories, they need cost-efficient, scalable and flexible storage engineered to reliably handle the most demanding AI workloads," said Travis Vigil, SVP, ISG Product Management. "Dell PowerScale with Seagate's HAMR-enabled Mozaic 3+ technology plays a crucial role in supporting AI use cases like retrieval augmented generation (RAG), inferencing and agentic workflows. Together, Dell Technologies and Seagate are setting the standard for industry-leading AI storage innovation."

    Seagate:

    "We're in the midst of a seismic shift in the way data is stored and managed," said Dave Mosley, Seagate CEO. "Unprecedented levels of data creation – due to continued cloud expansion and early AI adoption – demand long-term data retention and access to ensure trustworthy data-driven outcomes. From capturing training checkpoints to archiving source-data sets, the more data organizations retain, the more they can validate that their applications are acting as they expect them to – and adjust course as needed."

    "Seagate continues to lead in areal density, sampling drives on the Exos M platform of up to 36TB today. Also, we're executing on our innovation roadmap, having now successfully demonstrated capacities of over 6TB per disk within our test lab environments."

    "As the world's leading producer of exabytes, and the only manufacturer capable of manufacturing 3.6TB per platter hard drives at scale, Seagate is laser-focused on delivering the storage scale required for the applications of the future," Mosley added.

    IDC:

    "As businesses and people everywhere continue to use AI applications, more widespread adoption of AI is creating unprecedented amounts of data. All this data needs to be replicated and retained for the long term," said Kuba Stolarski, Research Vice President for service provider infrastructure with analyst firm IDC. "Our research shows that hard drives continue to be a critical technology for delivering this scale, with 89% of data stored in the data centers of leading cloud service providers stored via hard drive. We believe Seagate's progress in areal density innovation positions them well to address increased demand for data storage."

    To learn more about Exos M and the Mozaic 3+ platform, visit Seagate.com.

    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.

    Footnote: 1Method: 10TB to 30TB capacity upgrade when comparing Exos X10 to Exos M 30TB Mozaic drive, a common drive capacity needing upgrade at data centers today.

    ©2025 Seagate Technology LLC. All rights reserved. Seagate, Seagate Technology, Mozaic 3+, Exos, 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. When referring to drive capacity, one gigabyte, or GB, equals one billion bytes, one terabyte, or TB, equals one trillion bytes, and one exabyte, or EB, equals one quintillion bytes.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250120942225/en/

    Andrea Kirby, [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
    Press Releases

    Fastest customizable press release news feed in the world

    View All

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

    Seagate Technology Holdings plc (NASDAQ:STX) ("Seagate" or "Company") and Seagate HDD Cayman, a subsidiary of Seagate ("Seagate HDD"), today announced that on February 19, 2026, the Company closed the previously announced privately negotiated exchanges (the "exchanges") of $600 million principal amount of Seagate HDD's 3.50% Exchangeable Senior Notes due 2028 (the "notes") for aggregate consideration consisting of approximately $599.2 million in cash and approximately 5.95 million ordinary shares of Seagate stock. The number of ordinary shares of Seagate stock issued pursuant to the exchanges was determined over the one trading day period beginning on, and including, February 12, 2026. The

    2/19/26 5:02:00 PM ET
    $STX
    Electronic Components
    Technology

    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

    $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)

    2/19/26 5:11:06 PM ET
    $STX
    Electronic Components
    Technology

    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

    $STX
    Insider Trading

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

    View All

    EVP & Chief Commercial Officer Teh Ban Seng converted options into 5,905 units of Ordinary Shares, increasing direct ownership by 191% to 8,997 units (SEC Form 4)

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

    2/23/26 5:20:49 PM ET
    $STX
    Electronic Components
    Technology

    EVP & CFO Romano Gianluca converted options into 25,850 units of Ordinary Shares and covered exercise/tax liability with 13,071 units of Ordinary Shares, increasing direct ownership by 25% to 63,250 units (SEC Form 4)

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

    2/23/26 5:20:44 PM ET
    $STX
    Electronic Components
    Technology

    CEO Mosley William D converted options into 11,807 units of Ordinary Shares and covered exercise/tax liability with 5,966 units of Ordinary Shares, increasing direct ownership by 1% to 415,897 units (SEC Form 4)

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

    2/23/26 5:20:32 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
    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
    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

    $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