Hovering around $90.40, STX stock price shows steady investor confidence. SWOT analysis highlights strengths in innovation and market penetration within scalable storage solutions. Seagate specializes in nearline storage, which costs far less than faster alternatives while still meeting the needs of AI workloads that don't require instant data access. The company shipped 137 exabytes of storage capacity to data centers last quarter, up 52% year-over-year (YoY). Seagate Technology ( NASDAQ:STX - Get Free Report ) had its price objective increased by equities research analysts at Morgan Stanley from $168.00 to $265.00 in a research note issued to investors on Monday, MarketScreener reports. The firm presently has an "overweight" rating on the data storage provider's stock. Morgan Stanley's price objective indicates a potential upside of 15.02% from the company's previous close. Seagate’s STX stock price in today’s session dipped slightly to $88.92 following profit-taking in the tech sector. Market watchers point to sustained demand in data center solutions, positioning STX for mid-term growth despite short-term fluctuations.