Seagate Technology Holdings PLC (STX)

NASDAQ: STX · IEX Real-Time Price · USD
81.63
+2.39 (3.02%)
At close: Aug 18, 2022 4:00 PM
81.30
-0.33 (-0.40%)
After-hours: Aug 18, 2022 7:53 PM EDT
3.02%
Market Cap 17.04B
Revenue (ttm) 11.66B
Net Income (ttm) 1.65B
Shares Out 208.76M
EPS (ttm) 7.36
PE Ratio 11.09
Forward PE 10.45
Dividend $2.77 (3.39%)
Ex-Dividend Date Sep 20, 2022
Volume 1,066,898
Open 79.52
Previous Close 79.24
Day's Range 79.51 - 81.80
52-Week Range 67.36 - 117.67
Beta 1.09
Analysts Buy
Price Target 87.92 (+7.7%)
Earnings Date Jul 21, 2022

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...]

Industry Technology Hardware, Storage & Peripherals
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 31 analysts, the average rating for STX stock is "Buy." The 12-month stock price forecast is 87.92, which is an increase of 7.71% from the latest price.

Price Target
$87.92
(7.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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Why Seagate Stock Looks All Wet Today

Seagate misses on the top and bottom lines -- and delivers an earnings warning to boot.

Seagate (STX) Q4 Earnings & Revenues Miss Estimates, Stock Down

Seagate's (STX) Q4 revenues are affected by macro-related headwinds and non-HDD component shortages.

Snap, Seagate And Some Other Big Stocks Moving Lower In Today's Pre-Market Session

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Seagate (STX) Q4 Earnings and Revenues Lag Estimates

Seagate (STX) delivered earnings and revenue surprises of -15.87% and 6.29%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Seagate Technology Shares Plunge On Q4 Earnings Miss, Weak 1Q Outlook

Seagate Technology Holdings PLC (NASDAQ: STX) reported a fourth-quarter revenue decline of 12.8% year-over-year to $2.63 billion, missing the consensus of $2.78 billion. Adjusted EPS of $1.59 missed the...

Seagate stock drops as lower consumer demand triggers earnings, outlook miss

Seagate Technology Holdings PLC shares dropped in the extended session Thursday after the data-storage-device company said a slowdown in consumer demand led to quarterly results and an outlook that fell...

Seagate Technology Reports Fourth Quarter and Fiscal Year 2022 Financial Results

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for its fourth quarter and fiscal year ended July 1, 2022. “...

What's in Store Ahead of Seagate's (STX) Q4 Earnings Release

Seagate's (STX) Q4 performance will likely gain from demand for mass capacity storage solutions. However, the decline in PC shipments and continued supply chain issues will likely be a headwind.

Seagate Technology to Report Fourth Quarter and Fiscal Year 2022 Financial Results on July 21, 2022

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a world leader in data storage infrastructure solutions, will report fourth quarter and fiscal year 2022 financial result...

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Reasons to Retain Seagate (STX) in Your Portfolio For Now

Healthy demand for Seagate's (STX) mass capacity storage solutions, especially nearline products from cloud data center customers, is a major growth driver.

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Seagate (STX) Up 4.3% Since Last Earnings Report: Can It Continue?

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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 participate...

Despite Stagnant Revenue Growth, How Has Seagate Technology Stock Outperformed The S&P Since 2018?

During this period, the company witnessed just an 8% rise in revenue, but a substantial drop in the outstanding share count helped boost the company's revenue per share and stock price.

Hammerspace and Seagate Collaborate to Extend Global Data Environments with Lyve Cloud and Exos CORVAULT

SAN MATEO, Calif.--(BUSINESS WIRE)-- #datamanagement--Hammerspace teams with Seagate to bring Global Data Environment advantages – orchestrating data to any location – to Seagate users around the globe.