Seagate Tech Shareholders Approve Key Amendments at AGM

Seagate Tech ( (STX) ) has provided an update.

At the 2025 Annual General Meeting held on October 25, 2025, Seagate Technology’s shareholders approved significant amendments to the Employee Stock Purchase Plan and the 2022 Equity Incentive Plan. These changes include increasing the number of shares reserved for issuance and allowing for fractional shares, which could enhance employee engagement and retention. Additionally, all eight proposals presented at the meeting were approved, including the election of directors and the appointment of auditors, reflecting shareholder support for the company’s strategic direction.

The most recent analyst rating on (STX) stock is a Buy with a $250.00 price target. To see the full list of analyst forecasts on Seagate Tech stock, see the STX Stock Forecast page.

Spark’s Take on STX Stock

According to Spark, TipRanks’ AI Analyst, STX is a Neutral.

Seagate Technology’s overall stock score of 65 reflects a mixed financial performance with strong cash flow but significant leverage risks. Technical analysis indicates a generally positive trend, although valuation metrics suggest the stock may be overvalued. The earnings call provides a positive outlook with strong revenue growth and strategic advancements, but concerns about debt and tax implications remain. The absence of notable corporate events further solidifies the current assessment.

To see Spark’s full report on STX stock, click here.

More about Seagate Tech

Seagate Technology Holdings plc operates in the technology industry, primarily focusing on data storage solutions. The company is known for its hard disk drives and other storage products, catering to a global market that demands efficient data management and storage solutions.

Average Trading Volume: 4,080,888

Technical Sentiment Signal: Buy

Current Market Cap: $49.86B

See more data about STX stock on TipRanks’ Stock Analysis page.