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Seagate Technology (STX) has been on a remarkable run, with its stock surging nearly more than 46% over the past month. This rally reflects growing investor confidence driven by the company’s improving financial performance and a favorable industry backdrop.
In its recently announced fiscal third-quarter 2025 results, Seagate reported a solid 31% increase in revenue compared to last year. Even more impressive was the 81% year-over-year growth in adjusted gross profit dollars.