10 Best Performing Growth Stocks So Far in 2026

7. Seagate Technology Holdings plc (NASDAQ:STX)

Year-Over-Year Revenue Growth: 28.92%

Year-to-Date Performance: 194.73%

Number of Hedge Fund Holders: 93

Seagate Technology Holdings plc (NASDAQ:STX) ranks among the best-performing growth stocks so far in 2026. On May 26, BofA Securities increased its price target on Seagate Technology Holdings plc (NASDAQ:STX) from $840 to $900 while keeping a Buy rating on the stock.

The research firm hosted a call for clients with Seagate Technology Holdings plc (NASDAQ:STX) CEO Dr. Dave Mosley. The call highlighted that data is becoming an increasingly valuable asset and demand for storage continues to grow. This demand is being supported by video, unstructured data, robotics, and the need for data snapshots, checkpoints, and data redundancy.

Monetization opportunities associated with additional data storage significantly exceed the cost of providing that storage. Hyperscale demand growth remains strong and Seagate Technology Holdings plc (NASDAQ:STX) is seeing solid demand from traditional enterprise data centers and edge applications

The company has now qualified Mozaic 3 with all planned cloud service provider customers and has also qualified Mozaic 4 with two customers. BofA kept its Buy rating, pointing to secular cloud demand, improvements in revenue and margin, and the company’s roadmap toward higher-capacity HAMR hard disk drives. BofA’s higher price target reflects greater confidence in the sustainability of demand and pricing trends.

Seagate Technology Holdings plc (NASDAQ:STX) is a data storage and technology company that offers a portfolio of advanced storage solutions to hyperscale cloud providers, enterprises, and consumers.

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