Seagate Stock News

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.

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.

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...

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.

Seagate Technology Holdings plc (NASDAQ:STX ) Q2 2025 Earnings Conference Call January 21, 2025 5:00 PM ET Company Participants Shanye Hudson - I|R David Mosley - CEO Gianluca Romano - CFO Conference Call Participants Erik Woodring - Morgan Stanley Wamsi Mohan - Bank of America Krish Sankar - TD Cowen Amit Daryanani - Evercore Timothy Arcuri - UBS Asiya Merchant - Citigroup Steven Fox - Fox Adv...

Seagate Technology on Tuesday forecast third-quarter revenue below analysts' estimates, expecting sluggish sales for its storage devices used in personal computers as the PC market struggles to bounce back.

FREMONT, Calif.--(BUSINESS WIRE)--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 second quarter ended December 27, 2024. "Seagate ended calendar 2024 on a strong note as we grew revenue, gross margin and non-GAAP EPS successively in each quarter of the year. Our result...

Below we previewed what Wall Street expects next quarter, but what does it expect looking ahead?