Seagate Technology Surges to Top 327 Most Actively Traded Stocks with $317 Million in Shares Exchanged

On April 23, 2025, Seagate Technology (STX) saw a significant surge in trading volume, with a total of $317 million in shares exchanged, marking a 93.01% increase from the previous day. This surge placed Seagate among the top 327 most actively traded stocks for the day. The company's stock price also rose by 3.62%, continuing an upward trend that has seen a 5.63% increase over the past two days.

Seagate Technology is scheduled to release its third-quarter fiscal 2025 financial results after the market closes on Tuesday, April 29. This upcoming earnings report is highly anticipated, as analysts and investors alike are eager to gauge the company's performance and future outlook.

Analysts have expressed optimism about Seagate's fiscal third-quarter results, predicting that the company is likely to surpass expectations. This positive outlook is driven by the continued strength in the storage solutions market, where Seagate has maintained a strong position. The company's ability to innovate and adapt to changing market demands has been a key factor in its success.

In addition to the earnings report, Seagate's recent analyst actions have also garnered attention. The company's stock was upgraded by Summit Insights from a "sell" rating to a "hold" rating, reflecting a more positive sentiment among analysts. However, the price target for Seagate's stock was lowered by Barclays PLC from $105.00 to $80.00, with an "equal weight" rating. Citigroup Inc. also lowered its price target from $115.00 to $90.00, while maintaining a "buy" rating on the stock.