Seagate rises after 'strong' Q2 keeps Wall Street bullish; Benchmark upgrades
Seagate Technology's (NASDAQ:STX) stock jumped about 6% premarket on Wednesday after fiscal second quarter results beat estimates, which drew positive reactions from analysts. Benchmark Equity upgraded Seagate's rating to Buy from Hold with a $120 target price.
These Analysts Increase Their Forecasts On Seagate After Strong Q2 Earnings
Barclays analyst Tom O’Malley maintained the stock with an Equal-Weight rating and raised the price target from $95 to $105. Northland Capital Markets analyst Gus Richard reiterated Seagate with an Outperform rating and raised the price target from $144 to $160.
Seagate Technology Holdings PLC (STX) Q2 2025 Earnings Call Highlights: Strong Revenue Growth ...
Seagate Technology Holdings PLC (STX) reports robust financial performance with a 7% revenue increase and significant margin improvements, despite facing supply constraints.
Seagate Technology Plc (STX) Q2 2025 Earnings Call Transcript
Operator Good afternoon, and welcome to the Seagate Technology fiscal second quarter 2025 conference call. All participants will be in listen-only mode. [Operator instructions] After today's presentation,
Seagate (STX) Beats Q2 Earnings and Revenue Estimates
Seagate (STX) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.
Q2 2025 Seagate Technology Holdings PLC Earnings Call
William Mosley; Chief Executive Officer, Director; Seagate Technology Holdings PLC Gianluca Romano; Chief Financial Officer, Executive Vice President; Seagate Technology Holdings PLC Good afternoon, and welcome to the Seagate Technology fiscal second quarter 2025 conference call.
Seagate forecasts third-quarter revenue below estimates on slow PC market rebound
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 ...
Seagate Ramps Up Technology For AI, Delivers Profitable Growth In Q2
Seagate Technology shares are trading higher premarket on Wednesday. Yesterday, the company beat the Wall Street consensus of $1.56 billion.
Impacts1d
Seagate Launches Hard Drive Capacities of Up to 36TB
Seagate has launched a hard drive with capacities of up to 36TB, expanding the Mozaic 3+ Platform. Takeaway Points Seagate ...
Seagate Introduces 36TB HAMR Hard Disk Drives
Seagate announced that they are shipping 36TB HAMR evaluation drives to customers. A study shows AI will drive demand for ...
Positive Outlook for Seagate Technology Driven by Record Gross Margins and Growing Cloud Demand
TD Cowen analyst Krish Sankar has maintained their bullish stance on STX stock, giving a Buy rating yesterday.Invest with Confidence: Follow ...
Business Wire1d
Seagate Introduces Hard Drive Capacities of Up to 36TB, Extending Its HAMR-Based Mozaic 3+ Technology Platform
Seagate announces shipments of Exos M hard drive samples to select customers in industry-leading capacities up to 36TB.
Seagate Recognized At Intersec 2025 Awards
Seagate recognized at Intersec 2025 awards . Wins Outstanding Commercial Security Solutions Award for Mozaic 3+ hard drive ...
Seagate Technology Reports Fiscal Second Quarter 2025 Financial Results
Seagate Technology Holdings plc (NASDAQ: STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for ...
Seagate Jumps Nearly 6% as Wall Street Bets on AI-Driven Storage Growth
Seagate's strong Q2 results drive stock gains and analyst upgrades, fueled by AI storage demand and HAMR tech adoption ...