Seagate Technology Plc is a leading provider of data storage solutions that design, manufacture, and market a broad range of hard disk drives and solid-state drives for a variety of applications, including enterprise and consumer markets. The company specializes in delivering high-performance storage systems and innovative data management solutions that cater to the growing demand for reliable and secure data storage amidst the ever-expanding digital landscape. Seagate's technologies are integral to a wide array of devices, enabling fast access to information and supporting the burgeoning fields of cloud computing, big data, and artificial intelligence. Additionally, the company focuses on sustainability initiatives and advancing storage technology to help customers effectively manage and protect their data. Read More
CEO Dave Mosley said the quarterly performance underscored the structural enhancements to the business model and healthy supply/demand environment for mass capacity storage.
The regular session of the US market on Tuesday is now over, but let's get a preview of the after-hours session and explore the top S&P500 gainers and losers driving the post-market movements.
Data storage manufacturer Seagate (NASDAQ:STX) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 30.5% year on year to $2.16 billion. On top of that, next quarter’s revenue guidance ($2.4 billion at the midpoint) was surprisingly good and 3.7% above what analysts were expecting. Its non-GAAP profit of $1.90 per share was 9.2% above analysts’ consensus estimates.
Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal third quarter ended March 28, 2025.
Rosenblatt analyst maintains Buy on Western Digital, lowers price target to $50. Expects profitable growth in HDD market driven by AI and cloud demand.
Wall Street modestly up as investors await economic data and corporate earnings. Bond market continues rally, gold and oil prices fall.Wall Street rises modestly, bond market continues rally, gold and oil prices fall as investors await economic data and corporate earnings.
According to the Finchat-compiled consensus estimates, Seagate is expected to report adjusted earnings per share of $1.75 and revenue of $2.14 billion.
Stacks (CRYPTO: STX), a Bitcoin (CRYPTO: BTC) Layer-2 token, has witnessed a significant spike over the last week, joining some of the market's biggest gainers.
“Buy the dip” strategies are hard to get right, but they can yield phenomenal results. Now, TradeSmith believes they’ve found a way to help longer-term investors find attractive entry points into great long-term stocks. Today, I’ve been given permission to share five picks from their breakthrough AI system, An-E.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Thursday as we examine the latest happenings in today's session.
Seagate Technology Holdings plc (NASDAQ: STX), a leader in mass-capacity data storage, today released the Decarbonizing Data1 report, its latest global report based on a commissioned survey, highlighting the growing sustainability challenges facing data centers as enterprises scale to meet the demands of AI.
Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, will report fiscal third quarter 2025 financial results after the market closes on Tuesday, April 29, 2025. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Stay tuned for the market movements in the S&P500 index on Monday. Check out the gap up and gap down stocks in the S&P500 index during today's session.
