$101.47
0.01%
Nasdaq, Feb 14, 10:10 pm CET
ISIN
IE00B58JVZ52
Symbol
STX

Seagate Stock News

Neutral
Business Wire
2 days ago
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Intevac, Inc. (NasdaqGS: IVAC) to Seagate Technology Holdings plc (NasdaqGS: STX). Under the terms of the proposed transaction, shareholders of Intevac will receive $4.00 in cash for each share of Intevac that the...
Positive
TechCrunch
3 days ago
Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million.
Positive
Seeking Alpha
3 days ago
Seagate's HDD drives are essential for AI models, offering low-cost, high-capacity storage solutions, making it a strong investment opportunity. Seagate's Q2 revenue surged 50% y/y, driven by robust enterprise demand and GenAI applications, with continued growth expected in Q3. Seagate's operating margins and cash flow have significantly improved, reducing debt and enhancing profitability, unde...
Neutral
Business Wire
3 days ago
FREMONT, Calif. & SANTA CLARA, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (Nasdaq: STX) (“Seagate”), a leading innovator of mass-capacity data storage, and Intevac, Inc. (Nasdaq: IVAC) (“Intevac”), a supplier of thin-film processing systems, today announced that Seagate has entered into a definitive agreement to acquire Intevac in an all-cash transaction for $4.00 per share (the “...
Positive
MarketBeat
18 days ago
Among sell-side analysts on Wall Street, Morgan Stanley is one of the most well-known. The company's large investment banking business, which generated $6.1 billion in revenue in fiscal 2024, contributes to the scope of its equity coverage.
Positive
Forbes
19 days ago
Seagate (NASDAQ: STX) recently released its Q2 earnings, and its stock has surged 25% year-to-date (Jan. 24), reaching nearly $108 per share. STX beat both on top and bottom lines in its fiscal second quarter, which ended December 27.
Positive
Seeking Alpha
24 days ago
Seagate Technology Holdings plc reported strong Q2 '25 earnings with 50% YoY revenue growth and significant margin expansion, driven by high demand from cloud service providers. Despite a $200mm revenue headwind in Q3 '25 from production issues, Seagate's operational improvements and increased inventory levels support future growth. Seagate should realize a strong free cash flow tailwind throug...
Positive
Investopedia
25 days ago
Seagate Technology (STX) shares jumped Wednesday as several analysts raised their price targets for the data storage solutions provider's stock after the company's fiscal second-quarter results topped estimates.

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