Seagate Technology Holdings plc (STX)
| 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]
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 StatementsAnalyst 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.
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...
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.
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.
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?
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.
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).
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.
Barclays upgrades AMD, Qualcomm and Seagate
The 'Halftime Report' traders debate the biggest analyst calls of the day.
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, ...
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.
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...
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...
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.
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...
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...
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...
Why Is Seagate (STX) Up 5.5% Since Last Earnings Report?
Seagate (STX) reported earnings 30 days ago. What's next for the stock?
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...
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...
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...
Seagate Appoints Robert Bruggeworth to the Board of Directors
FREMONT, Calif.
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...
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.
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 ...
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...