Seagate Technology Holdings plc (STX)
Market Cap | 20.66B |
Revenue (ttm) | 7.27B |
Net Income (ttm) | 824.00M |
Shares Out | 211.53M |
EPS (ttm) | 3.84 |
PE Ratio | 25.41 |
Forward PE | 12.56 |
Dividend | $2.88 (2.95%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 5,599,337 |
Open | 96.60 |
Previous Close | 95.07 |
Day's Range | 95.64 - 97.93 |
52-Week Range | 82.31 - 115.32 |
Beta | 1.09 |
Analysts | Buy |
Price Target | 121.63 (+24.53%) |
Earnings Date | Jan 21, 2025 |
About STX
Seagate Technology Holdings plc engages in the provision of data storage technology and infrastructure solutions in Singapore, the United States, the Netherlands, and internationally. The company offers mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. It also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ul... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for STX stock is "Buy." The 12-month stock price forecast is $121.63, which is an increase of 24.53% from the latest price.
News
Seagate Introduces Hard Drive Capacities of Up to 36TB, Extending Its HAMR-Based Mozaic 3+ Technology Platform
FREMONT, Calif.--(BUSINESS WIRE)--Seagate announces shipments of Exos M hard drive samples to select customers in industry-leading capacities up to 36TB.
AI-Driven Data Creation to Spur Next-Wave Cloud Storage Growth, According to New Survey Commissioned by Seagate
FREMONT, Calif.--(BUSINESS WIRE)--Business leaders expect that adoption of AI applications will generate unprecedented volumes of data, driving a boom in cloud-based storage demands.
Growing Cloud Storage Demand Bodes Well For Seagate
Seagate's stock price has dropped over 10% since August, but its strong Q1 performance and cloud storage demand make it a strong buy. Seagate remains a leader in hard drive storage, with significant m...
Seagate Technology to Report Fiscal Second Quarter 2025 Financial Results on January 21, 2025
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, will report fiscal second quarter 2025 financial results after the m...
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Seagate: Storage Pricing Concerns Are Overblown, Buy The Dip And Capture A 3.3% Yield
The chip sector has seen a downturn, with Seagate Technology losing 25% of its value from YTD peaks, presenting a buying opportunity for value investors. Seagate's primary focus on HDDs positions it b...
Seagate Technology Holdings plc (STX) Barclays 22nd Annual Global Technology Conference (Transcript)
Seagate Technology Holdings plc (NASDAQ:STX) Barclays 22nd Annual Global Technology Conference December 11, 2024 12:15 PM ET Company Participants Gianluca Romano - CFO Conference Call Participants Th...
Why Digital Storage Inflation Will Accelerate Seagate's Growth Beyond The Next 3 Years
Growth acceleration to increase Seagate's value from $20.8B to $42.5B over the next decade. The misconception that SSDs will push out HDDs has punished STX's valuation down to intrinsic value. My outl...
17 Upcoming Dividend Increases, Including A King
With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buyin...
Seagate Technology Holdings plc (STX) Wells Fargo 8th Annual TMT Summit Conference (Transcript)
Seagate Technology Holdings plc (NASDAQ:STX) Wells Fargo 8th Annual TMT Summit Conference December 4, 2024 2:00 PM ET Company Participants Gianluca Romano - CFO Conference Call Participants Aaron Rak...
Seagate Technology Holdings plc (STX) CEO Dave Mosley presents at UBS Global Technology and AI Conference (Transcript)
Seagate Technology Holdings plc (NASDAQ:STX) UBS Global Technology and AI Conference December 3, 2024 3:35 PM ET Company Participants Dave Mosley - CEO Conference Call Participants Timothy Arcuri - U...
Seagate to Participate in Upcoming Investor Events
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, today announced that management is scheduled to participate in the f...
Top 3 Tech Stocks You'll Regret Missing In Q4
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
Seagate Technology Stock Plunges After Earnings Beat. Here's Why.
The disk-drive provider beat quarterly estimates for earnings and sales but disappointing guidance seemed to take priority.
Seagate To Rally More Than 24%? Here Are 10 Top Analyst Forecasts For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
TXN & STX Show Two Sides of Tech Coin, ENPH Sells Off
Texas Instruments (TXN) traded higher despite reporting soft guidance, but trading for Seagate (STX) stumbled after meeting in-line expectations. Caroline Woods takes a closer look into the earnings r...
Seagate Technology Is Well Positioned For The Last Half Of The Upcycle
Seagate Technology Holdings plc is well-positioned with multiple catalysts, including AI PC adoption, cloud data center expansions, and the impending traditional CPU server refresh. Management anticip...
Enphase Energy Posts Downbeat Results, Joins McDonald's, Seagate And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Wednesday.
Seagate Technology Holdings plc (STX) Q1 2025 Earnings Call Transcript
Seagate Technology Holdings plc (NASDAQ:STX) Q1 2025 Earnings Conference Call October 22, 2024 5:00 PM ET Company Participants Shanye Hudson - I|R Dave Mosley - CEO Gianluca Romano - CFO Conference C...
Seagate forecasts Q2 profit above estimates on strength from cloud customers
Seagate Technology forecast second-quarter profit above Wall Street estimates and beat quarterly results on Tuesday, owing to the significant increase in cloud demand from global customers for its mem...
Seagate Technology Reports Fiscal First Quarter 2025 Financial Results
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), a leading innovator of mass-capacity data storage, today reported financial results for it...
What STX Recovery Chapter Means for A.I. Story
Seagate (STX) reports earnings once markets close. Alex Coffey says the company saw a "tremendous" decline in 3Q 2023, but this 3Q report is expected to send the stock to the upside.
Seagate Technology Buy Signals Before Earnings (Technical Analysis)
Seagate Technology has multiple buy signals and is rated a strong Buy by SA Quant, with a Buy by SA analysts and Wall St. analysts. The weekly chart shows STX outperforming the index with strong deman...
Up 34% This Year, What Lies Ahead For Seagate's Stock Post Q1 Results?
Note: FY'24 ended in June 2024