15 Tech Stocks with Best Earnings Growth in 2025

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12. Seagate Technology Holdings Plc. (NASDAQ:STX)

Expected EPS Growth Next FY: 32%

Number of Hedge Fund Holders: 52

Seagate Technology Holdings Plc (NASDAQ:STX) is a prominent provider of data storage solutions, specializing in the design, manufacturing, and distribution of hard disk drives (HDDs) and solid-state drives (SSDs). Their products serve a wide array of applications, ranging from personal storage and computing to enterprise data centers and cloud storage infrastructures.

With a consensus upside of 21.5%, analysts still see good risk-reward in Seagate Technology Holdings Plc (NASDAQ:STX). This was visible by an Evercore ISI analyst’s reiteration of his Buy rating with a price target of $135 (34% upside) on February 10. The rapid expansion of data generation—driven by cloud computing, AI, big data analytics, and edge computing—continues to boost demand for Seagate Technology Holdings Plc. (NASDAQ:STX) and its high-capacity storage solutions. To further advance its heat-assisted magnetic recording (HAMR) technology and increase storage densities, Seagate announced the acquisition of Intevac Inc. (NASDAQ:IVAC) on February 13 in a $119 million all-cash deal. Intevac’s 200 Lean platform, a key player in HDD deposition equipment, is expected to strengthen Seagate’s HAMR business. A TD Cowen analyst maintained a Buy rating on Seagate as of February 14, keeping the price target at $135, citing improved supply chain capabilities and readiness for HAMR expansion.

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