Seagate Stock News

The chip sector has seen a downturn, with Seagate Technology losing 25% of its value from YTD peaks, presenting a buying opportunity for value investors. Seagate's primary focus on HDDs positions it better amidst the current market turmoil affecting NAND flash memory prices and consumer demand. Over 90% of Seagate's revenue comes from HDDs, versus just over ~50% for peer Western Digital. HDDs h...

Billionaire Stanley Druckenmiller might not be a household name like Warren Buffett, but he's one of the best investors of all time.

The digital domain has an insatiable appetite for data that is fueling a boom in the data storage industry. The International Data Corporation (IDC) projects a compound annual growth rate exceeding 10% for the overall data storage market through 2028, a trajectory primarily driven by the exponential growth of artificial intelligence (AI) and cloud computing.

Seagate Technology Holdings plc (NASDAQ:STX ) Barclays 22nd Annual Global Technology Conference December 11, 2024 12:15 PM ET Company Participants Gianluca Romano - CFO Conference Call Participants Thomas O'Malley - Barclays Thomas O'Malley Can kick us off now on the clock, so we know. But welcome back, everyone.

Growth acceleration to increase Seagate's value from $20.8B to $42.5B over the next decade. The misconception that SSDs will push out HDDs has punished STX's valuation down to intrinsic value. My outlook on the company is positive, and I expect investors to start following the stock closer as growth accelerates.

With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ. I prioritize companies with strong historical r...

Seagate Technology Holdings plc (NASDAQ:STX ) Wells Fargo 8th Annual TMT Summit Conference December 4, 2024 2:00 PM ET Company Participants Gianluca Romano - CFO Conference Call Participants Aaron Rakers - Wells Fargo Aaron Rakers Why don't we go ahead and get started. We'll stay on schedule here.

Seagate Technology Holdings plc (NASDAQ:STX ) UBS Global Technology and AI Conference December 3, 2024 3:35 PM ET Company Participants Dave Mosley - CEO Conference Call Participants Timothy Arcuri - UBS Securities LLC Timothy Arcuri Okay, we're going to start. I'm Tim Arcuri.