Seagate Technology (NASDAQ:STX) Reports Strong Q3, Stock Soars
Update: 2025-10-29
Description
Seagate Technology reports impressive Q3 2025 results, with revenue up 21% and profit per share 9% higher than expected. The company expects strong growth in Q4, with revenue of $2.7 billion and profit per share of $2.75. Seagate's steady revenue growth and improved operating and free cash flow margins are driving investor confidence. However, market analysts expect growth to slow to around 15% next year, and investors should consider the risks in the semiconductor and storage industry, including rapid technological changes and cyclical demand.
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