Seagate Stock Rises 1.21% on $450M Trading Volume Ranks 197th in Daily Activity Amid HDD Price Cuts

Generated by AI AgentAinvest Market Brief
Wednesday, Aug 27, 2025 8:08 pm ET1min read
Aime RobotAime Summary

- Seagate Technology (STX) shares rose 1.21% on August 27, 2025, with $450M trading volume, ranking 197th in daily market activity.

- The stock's rise coincided with significant price cuts for key HDD models like 12TB IronWolf (€159 vs €449) and 28TB Exos (€344.90 vs €599), signaling competitive pressure from Western Digital and Toshiba.

- Analysts warn sustained discounts may pressure gross margins, though Seagate's focus on high-capacity enterprise drives maintains its position in data centers and cloud infrastructure amid declining HDD prices.

Seagate Technology (STX) rose 1.21% on August 27, 2025, with a trading volume of $0.45 billion, ranking 197th in daily market activity. The stock’s performance coincided with multiple price adjustments for its enterprise and consumer hard drive (HDD) lines, reflecting competitive dynamics in the storage sector.

Several

HDD models, including the 12TB IronWolf, 14TB IronWolf Pro, and 22TB Exos X22, showed significant discounts on e-commerce platforms. For instance, the 12TB IronWolf dropped to €159 from €449, while the 14TB IronWolf Pro fell to €199 from €499. These price reductions suggest inventory clearance efforts or strategic pricing to retain market share amid competition from and Toshiba offerings. Analysts note such moves could temporarily boost short-term demand but may pressure gross margins if sustained.

Enterprise-grade models like the 28TB Exos also saw discounts, with prices falling to €344.90 from €599. This aligns with broader industry trends of declining HDD prices driven by oversupply and shifting demand toward solid-state drives (SSDs). However, Seagate’s focus on high-capacity, 24/7 NAS-optimized drives highlights its position in data centers and cloud infrastructure, segments less impacted by SSD adoption.

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