What's Next For Seagate Stock?
1. STX outperformed S&P 500 with a 60% year-to-date increase. 2. Revenue decreased 44% from FY 2022 to FY 2024, but recent growth is strong. 3. P/S ratio climbed from 1.16x to 3.2x, indicating increased market valuation. 4. Strong demand from AI and cloud markets is boosting HDD sales. 5. Risks remain, particularly in market downturns and competitive pressures.