• 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 Ships 30TB Drives to Meet Global Surge in Data Center AI Storage Demand

    7/15/25 12:01:00 AM ET
    $STX
    Electronic Components
    Technology
    Get the next $STX alert in real time by email

    New data sovereignty laws and renewed focus on data center disaggregation are driving hundreds of billions of dollars in on-prem and hybrid data center investment

    Seagate Technology Holdings plc (NASDAQ:STX), a global leader in mass-capacity data storage, today announced the global channel availability of up to 30TB Exos® M and IronWolf® Pro hard drives. Built on Seagate's Mozaic 3+™ platform and powered by heat-assisted magnetic recording (HAMR) technology, these drives are engineered to meet increasing demand for scalable, high-performance storage driven by the rise of AI deployments that are supplementing traditional enterprise infrastructure development. With over one million Mozaic hard drives now shipped, Seagate has reached more than just a milestone—it has marked a defining moment that underscores the strength and maturity of its breakthrough storage technology.

    "Today, approximately 90% of the world's data is stored in just 10 countries. However, data gravity is increasingly pulling networks to the edge as nearly 150 countries adopt data sovereignty requirements, and AI workloads continue to expand. Datacenters—on-prem, private, and sovereign—are leveraging AI to unlock the value of their proprietary data," said Melyssa Banda, SVP of Edge Storage and Services, Seagate. "Our 30TB drives are designed to support these rapidly growing trends, delivering the capacity, efficiency, and resilience needed to power the AI workloads."

    Industry leaders are aligning around the fundamental data management and infrastructure shifts:

    "Hyperscalers and enterprise data centers are in the early stages of an all-out arms race to develop AI infrastructure resulting in rapidly increasing capex spending on performance-oriented hardware," said Ed Burns, Research Director, Hard Disk Drive and Storage Technologies at IDC. "While not often associated with performance such as low latency, the highest capacity HDDs are a critical strategic asset in the AI development process, filling the need for mass capacity storage of the foundational data essential to building and improving the highest quality AI models in the market today and into the future. Enterprise customers are seeking ways to improve the density of their data centers, lowering power consumption and square footage requirements while ensuring storage continues to meet strategic requirements, and Seagate's new 30TB Exos product is the highest density hard drive offered in the industry today. Hyperscale and enterprise data center customers looking for optimal performance and cost tradeoffs for mass-capacity storage will benefit from Seagate's HAMR product roadmap, which is poised to accelerate areal density growth rates for HDDs in the years to come."

    • HPE forecasts the on-prem AI market will grow at a 90% CAGR, reaching $42 billion within three years.1
    • NVIDIA describes AI factories as "data centers reimagined to manufacture intelligence at scale," essential for transforming data into real-time insights across the AI lifecycle.2

    As AI becomes central to business strategy, modernizing storage is not optional—it's foundational.

    30TB Hyperscale-Grade Exos & NAS-Optimized IronWolf Pro Arrive Just in Time for On-Prem AI

    Edge AI is no longer a future concept—it's happening now. According to IDC, industries such as retail, manufacturing, and financial services are actively deploying AI at the edge for video analytics, predictive maintenance, and fraud detection. This shift is accelerating the adoption of disaggregated storage architectures, which decouple compute from storage to enable more flexible, scalable infrastructure.

    The Seagate Exos M 30TB drive is built to meet increased demand for high-capacity, energy-efficient storage—empowering organizations to scale storage, optimize data placement, and support real-time edge analytics without compromising performance or sustainability.

    As AI-powered applications proliferate, on-premise NAS systems are evolving into intelligent data hubs—supporting advanced workloads such as video analytics, image recognition, retrieval-augmented generation (RAG), and inferencing at the edge. The convergence of AI, IoT, and hybrid cloud is fueling demand for high-capacity, high-integrity NAS solutions that can manage large, unstructured datasets with low latency and high throughput.

    Recent market analysis projects the global NAS market to grow at a CAGR of over 17% through 2034, driven by digital transformation and the rise of AI and big data analytics.3

    "QNAP NAS systems are increasingly used for on-premise AI workloads—enabling enterprises to run local AI models and leverage RAG and LLM technologies to process and analyze local datasets," said Dhaval Panara, Product Manager, QNAP. "By integrating Seagate's IronWolf Pro 30TB drives, we deliver petabyte-scale, high-integrity storage that ensures fast access, reliable performance, and scalable infrastructure at the edge."

    "With AI workloads increasingly moving to edge environments, reliable high-capacity storage becomes critical for local data processing. Seagate's IronWolf Pro 30TB drives provide the robust foundation UGREEN NAS systems require—delivering massive scalability and the operational stability needed for local AI applications," said Evan Li, Head of International Business, UGREEN.

    Availability:

    The Exos M 30TB & 28TB and IronWolf Pro 30TB & 28TB drives are available now through Seagate online store as well as Seagate's authorized resellers and channel partners worldwide.

    Pricing: $599.99 - Exos M & IronWolf Pro 30TB; $569.99 - Exos M & IronWolf Pro 28TB

    For more information, please visit Seagate online store:

    IronWolf Pro: https://www.seagate.com/products/nas-drives/ironwolf-pro-hard-drive/?sku=ST30000NT011&store=1

    Exos M: https://www.seagate.com/products/enterprise-drives/exos/exos-m/?sku=ST30000NM004K&store=1

    About Seagate Technology:

    Seagate is a global leader in mass-capacity data storage, having delivered over 4.5 billion terabytes of capacity over four decades. From edge to core to cloud, Seagate builds trust in data by delivering scalable, sustainable, and secure storage solutions. Learn more at www.seagate.com.

    ____________________

    1. HPE and NVIDIA: A partnership driving the next generation of AI innovation | HPE

    2. Data Center Solutions: AI Factories | NVIDIA

    3. https://www.gminsights.com/industry-analysis/network-attached-storage-nas-market

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250714539452/en/

    Ekaterina Rodonaya, [email protected]

    Valerie Labrune-Weber, [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
    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
    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
    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
    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

    $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