Seagate Technology Holdings plc (STX)

NASDAQ: STX · IEX Real-Time Price · USD
70.89
-1.48 (-2.05%)
At close: Feb 3, 2023, 4:00 PM
70.83
-0.06 (-0.08%)
After-hours: Feb 3, 2023, 7:59 PM EST
-2.05%
Market Cap 14.64B
Revenue (ttm) 9.35B
Net Income (ttm) 618.00M
Shares Out 206.45M
EPS (ttm) 2.82
PE Ratio 25.14
Forward PE 21.19
Dividend $2.80 (3.95%)
Ex-Dividend Date Dec 20, 2022
Volume 1,673,596
Open 70.58
Previous Close 72.37
Day's Range 70.49 - 72.47
52-Week Range 47.47 - 113.50
Beta 1.02
Analysts Buy
Price Target 59.43 (-16.17%)
Earnings Date Jan 25, 2023

About STX

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides 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. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expans... [Read more]

Sector Technology
IPO Date Dec 11, 2002
Employees 40,000
Stock Exchange NASDAQ
Ticker Symbol STX
Full Company Profile

Financial Performance

In 2022, STX's revenue was $11.66 billion, an increase of 9.18% compared to the previous year's $10.68 billion. Earnings were $1.65 billion, an increase of 25.49%.

Financial Statements

Analyst Forecast

According to 30 analysts, the average rating for STX stock is "Buy." The 12-month stock price forecast is $59.43, which is a decrease of -16.17% from the latest price.

Price Target
$59.43
(-16.17% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Is Seagate Technology Signaling the End of its Normalization?

Data storage solutions giant Seagate Technology Holdings PLC (NYSE: STX) stock has been recovering since putting in a bottom of $47.47 in October 2022. Its recent fiscal Q2 2023 earnings weren't a sma...

5 days ago - MarketBeat

Why Seagate Technology Shares Are Trading Higher Today?

Seagate Technology STX shares are trading higher after the company reported better-than-expected 2023 Q2 results.

1 week ago - Benzinga

Seagate (STX) Q2 Earnings & Revenues Top Estimates, Down Y/Y

Seagate's (STX) second-quarter fiscal 2023 performance continues to be affected by economic slowdown in China related to COVID-19 and work down for nearline HDD inventories by clients.

1 week ago - Zacks Investment Research

Seagate (STX) Q2 Earnings and Revenues Surpass Estimates

Seagate (STX) delivered earnings and revenue surprises of 45.45% and 3.58%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Seagate Technology Reports Fiscal Second Quarter 2023 Financial Results

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for its fiscal second quarter ended December 30, 2022.

1 week ago - Business Wire

What's Going On With Chip Stocks?

Just recently, several stocks in the space have gotten upgrades from Barclays, including Qualcomm (QCOM), Advanced Micro Devices (AMD), and Seagate Technologies (STX).

Other symbols: AMDQCOM
1 week ago - Zacks Investment Research

Wedbush's Matt Bryson on chipmaker stocks: There still hasn't been a rise in demand from China

Matt Bryson, Wedbush, joins 'Closing Bell' to discuss Barclay's upgrading some chip stocks.

Other symbols: AMDNVDAQCOM
1 week ago - CNBC Television

Barclays upgrades AMD, Qualcomm and Seagate

The 'Halftime Report' traders debate the biggest analyst calls of the day.

Other symbols: AMDQCOM
1 week ago - CNBC Television

Seagate Reports on Progress Towards Global Diversity, Equity, and Inclusion Objectives

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a world leader in data storage infrastructure solutions, today shared the company's fourth annual Diversity, Equity, ...

1 week ago - Business Wire

Factors to Note Ahead of Seagate's (STX) Q2 Earnings Release

Seagate's (STX) Q2 performance is likely to have borne the brunt of a deteriorating global macroeconomic environment.

2 weeks ago - Zacks Investment Research

Seagate Technology to Report Fiscal Second Quarter 2023 Financial Results on January 25, 2023

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a world leader in data storage infrastructure solutions, will report fiscal second quarter 2023 financial results aft...

3 weeks ago - Business Wire

RackTop Systems Collaborates with Seagate to Provide a Turnkey Solution for Active Defense Against Ransomware and Insider Threats

FULTON, Md.--(BUSINESS WIRE)--RackTop Systems, a leading provider of cyberstorage solutions which actively defend against ransomware and insider threats, today announced a collaboration with Seagate...

2 months ago - Business Wire

Seagate (STX) Expands Lyve Cloud Across UK to Reduce Data Costs

Seagate (STX) unveils that it is deploying Lyve Cloud storage-as-a-service in the U.K. that enables organizations to handle and move large amounts of data quickly and securely.

2 months ago - Zacks Investment Research

Phison Enterprise PCIe 4.0 X1 SSD Solution Received 2023 Taiwan Excellence Award

SAN JOSE, Calif.--(BUSINESS WIRE)--Phison Electronics Corp. (TPEX: 8299), a global leader in NAND flash controller and storage solutions, announced that its latest flagship enterprise PCIe 4.0 X1 SS...

2 months ago - Business Wire

Seagate Announces Expiration of Early Exchange Period and Upsize of Previously Announced Exchange Offers for Certain Outstanding Debt Securities

FREMONT, Calif.--(BUSINESS WIRE)--Seagate HDD Cayman (the “Company”), a subsidiary of Seagate Technology Holdings plc (NASDAQ: STX), today announced the expiration of the early exchange period in co...

2 months ago - Business Wire

Hammerspace and Seagate Collaborate to Deliver End-to-End Bundled Solutions Through Climb Channel Solutions

SAN MATEO, Calif.--(BUSINESS WIRE)--Hammerspace, the pioneer of the global data environment, is collaborating with Seagate® Technology Holdings plc (NASDAQ: STX) to provide bundles that simplify the...

2 months ago - Business Wire

Why Is Seagate (STX) Up 5.5% Since Last Earnings Report?

Seagate (STX) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Seagate to Participate in Upcoming Investor Events

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a world leader in mass-data storage infrastructure solutions, today announced that management is scheduled to partici...

2 months ago - Business Wire

Seagate Announces Exchange Offers for Certain Outstanding Debt Securities

FREMONT, Calif.--(BUSINESS WIRE)--Seagate HDD Cayman (the “Company”), a subsidiary of Seagate Technology Holdings plc (NASDAQ: STX), today announced the commencement of exchange offers (each, an “Ex...

2 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Seagate Technology Holdings plc - STX

NEW YORK , Nov. 14, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Seagate Technology Holdings plc ("Seagate" or the "Company") (NASDAQ: STX).  Such investors are...

2 months ago - PRNewsWire

Seagate Appoints Robert Bruggeworth to the Board of Directors

FREMONT, Calif.

3 months ago - Business Wire

ONGOING INVESTIGATION REMINDER: The Schall Law Firm Announces It Is Investigating Claims Against Seagate Technology Holdings plc and Encourages Investors with Losses to Contact the Firm

Los Angeles, California--(Newsfile Corp. - November 4, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of S...

3 months ago - Newsfile Corp

Can Seagate Technology Stock Bounce Back After A Dismal Post-Earnings Performance?

With operating expenses dropping at a slower rate than revenues, operating income dropped from $586 million to $107 million over this period.

3 months ago - Forbes

Block & Leviton for Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

Boston, Massachusetts--(Newsfile Corp. - October 31, 2022) - Block & Leviton is investigating Seagate Technology Holdings plc (NASDAQ: STX) for potential securities law violations. Investors who have ...

3 months ago - Newsfile Corp

INVESTIGATION NOTICE: The Schall Law Firm Announces It Is Investigating Claims Against Seagate Technology Holdings plc and Encourages Investors with Losses to Contact the Firm

Los Angeles, California--(Newsfile Corp. - October 28, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of S...

3 months ago - Newsfile Corp