Welcome to our dedicated page for Seagate Technology Holdings news (Ticker: STX), a resource for investors and traders seeking the latest updates and insights on Seagate Technology Holdings stock.
Seagate Technology Holdings plc reports developments in mass-capacity data storage, including hard disk drive technology, enterprise storage demand, and consumer storage products. The company serves hyperscale cloud providers, enterprises, and consumers with storage solutions used to protect, create, manage, and scale data.
Recurring Seagate news includes fiscal results, dividend actions, investor-event participation, board governance updates, and product announcements across its Seagate, FireCuda, and LaCie brands. Technology updates also cover its Mozaic platforms, HAMR-based storage, high-capacity drives, and customer qualification activity in hyperscale environments.
Tradr ETFs will launch four single-stock 2X leveraged ETFs on Cboe on April 24, 2026, each seeking 200% of the daily performance of its underlying stock.
Expected launches include AXTX (AXTI), CPNX (CPNG), MPWX (MPWR) and STXX (STX). The issuer highlighted significant risks of leveraged ETFs and directs investors to its website for full disclosures.
Seagate (NASDAQ: STX) launched refreshed consumer and prosumer storage across Seagate, FireCuda, and LaCie brands on April 23, 2026, targeting backup, gaming and AI-driven creative workflows. Key features include capacities up to 256TB, bus-powered USB-C desktop drives, Thunderbolt™ 5 support, integrated backup tools, and Rescue Data Recovery Services.
Products announced: Seagate One Touch (8TB–24TB), FireCuda X Vault (8TB, 20TB), and LaCie 8big Pro5 (32TB–256TB) with stated availability and starting prices for each model.
Seagate Technology (NASDAQ: STX) will report fiscal third quarter 2026 financial results after the U.S. market close on April 28, 2026. An investor conference call is scheduled the same day at 2:00 PM PT / 5:00 PM ET, and a live audio webcast will be available on Seagate's investor site.
Wasabi Technologies announced it will acquire Seagate Lyve Cloud business, with Seagate receiving equity and becoming a Wasabi shareholder; financial terms were not disclosed. The deal is presented as strengthening Wasabi’s position as a pure‑play cloud storage vendor by adding Lyve Cloud’s enterprise customer base, S3‑compatible integrations, and partner relationships.
The combination is positioned to simplify backup ecosystems (Veeam, Rubrik, Commvault), expand enterprise backup and archive capabilities, and offer predictable, cost‑efficient storage outside hyperscalers.
Seagate (NASDAQ: STX) announced its next‑generation Mozaic 4+ HAMR platform, now qualified and in production with two hyperscale cloud providers and supporting capacities up to 44TB.
The platform uses a next‑generation suspension and enhanced system‑on‑a‑chip, and Seagate says vertical integration of laser photonics shortens qualification timelines and improves manufacturing resilience. Seagate projects continued scaling toward future 100TB drives as production ramps.
Seagate (NASDAQ: STX) closed privately negotiated exchanges on February 19, 2026, of $600 million principal amount of Seagate HDD Cayman’s 3.50% Exchangeable Senior Notes due 2028.
Consideration was approximately $599.2 million in cash plus about 5.95 million ordinary shares, the exchanged notes were retired, and roughly $400 million principal remains outstanding. Shares were issued under the Section 4(a)(2) Securities Act exemption.
Seagate (NASDAQ: STX) entered privately negotiated exchange agreements on Feb 11, 2026 to exchange $600 million principal of its 3.50% Exchangeable Senior Notes due 2028 for approximately $599.2 million cash plus a number of ordinary shares.
The exchanges are expected to close on or about Feb 17, 2026, retiring the exchanged notes and leaving roughly $400 million principal outstanding; any shares issued will be unregistered and subject to resale restrictions.
Seagate (NASDAQ: STX) announced management will participate in multiple investor events in late February and March 2026, including Bernstein’s TMT Forum on Feb 25 and the Morgan Stanley TMT Conference on Mar 3. Presentations and investor meetings will be available via live webcast at Seagate’s investor relations site.
A replay will be accessible for at least 30 days after each event.
Seagate Technology (NASDAQ: STX) reported fiscal Q2 2026 results with revenue of $2.83 billion, GAAP gross margin of 41.6% and non-GAAP gross margin of 42.2%. GAAP diluted EPS was $2.60 and non-GAAP diluted EPS was $3.11. The company generated $723 million in cash from operations and $607 million in free cash flow, retired $500 million of exchangeable notes, and paid $154 million in cash dividends. The board declared a quarterly dividend of $0.74 per share payable April 8, 2026. Q3 2026 guidance: revenue $2.90B ± $0.1B and non-GAAP diluted EPS $3.40 ± $0.20.
Seagate Technology (NASDAQ: STX) will report fiscal second quarter 2026 financial results after the U.S. market close on Tuesday, January 27, 2026. An investor conference call to discuss results will be held the same day at 2:00 PM PT / 5:00 PM ET. A live audio webcast will be available on Seagate's investor relations website at investors.seagate.com.