How Schwab Network’s view on $STX changed

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2026-10-05
“Options Corner: Recent STX Pullback Doesn't Tell Full Story”
STX market share is not significantly threatened by Toshiba's production increase; the stock remains strongly positive year-to-date despite a recent pullback.

Despite last week's decline, it's still a great year for Seagate Yes, I think if you look at Seagate's fees, you'll see that decline and strong sales due to the news from Toshiba, which may double its production of hard drives.

However, this will not significantly affect the market share of Seagate and Western Digital. However, I wanted to give you context regarding Seagate's long-term chart , where you can see here in the three-year weekly chart that we were at the $68 level three years ago.

So, we have risen even though we have seen some fluctuations and some volatility here. We have risen by more than 1140% from those levels over the past three years. Therefore, the situation was great for investors who held onto the stock over the past two years.