Seagate's 3.07% Rally Driven by $9.1 Billion Revenue and Share Buybacks $530M Volume Ranks 184th

Seagate Technology Holdings (STX) rose 3.07% on August 28, 2025, with a trading volume of $530 million, ranking 184th in market activity. The stock’s performance aligns with its strategic move to resume share repurchases in the September quarter, driven by robust financial metrics in fiscal 2025. Revenue surged 39% year-over-year to $9.1 billion, fueled by strong nearline storage demand from cloud clients. The company’s HAMR technology, which enhances areal density, is central to its growth strategy, addressing rising needs in hyperscale data centers, AI training, and edge computing. Non-GAAP operating profit more than tripled to $2.1 billion, while free cash flow reached $425 million in Q4 and $818 million annually, reflecting disciplined capital spending at 3% of revenue.

Seagate plans to allocate cash flows toward buybacks and dividends, having distributed 75% of its annual free cash flow to shareholders in fiscal 2025. The firm also reduced gross debt by $150 million in the final quarter of the fiscal year. Management anticipates sustained cash generation in late 2025, despite a large variable compensation payout, and expects structural improvements and a robust product pipeline to boost profitability in fiscal 2026. Analysts note the company’s ability to balance growth with capital returns positions it to enhance shareholder value amid accelerating demand for high-capacity storage solutions.

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