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Seagate Technology (STX) Stock Price, News & Analysis

+0.73 (+0.78%)
(As of 05/24/2024 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
1.30 million shs
Average Volume
2.69 million shs
Market Capitalization
$19.78 billion
P/E Ratio
Dividend Yield
Price Target

Seagate Technology MarketRank™ Stock Analysis

Analyst Rating
2.39 Rating Score
1.4% Upside
$95.50 Price Target
Short Interest
4.85% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
1.31mentions of Seagate Technology in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$1.93 M Sold Last Quarter
Proj. Earnings Growth
From $0.40 to $4.96 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.16 out of 5 stars

Business Services Sector

52nd out of 314 stocks

Computer Storage Devices Industry

1st out of 5 stocks

STX stock logo

About Seagate Technology Stock (NASDAQ:STX)

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expansion product lines, as well as under the LaCie brand name; desktop drives; notebook drives, DVR HDDs, and gaming SSDs. In addition, it provides Lyve edge-to-cloud mass capacity platform. The company sells its products primarily to OEMs, distributors, and retailers. Seagate Technology Holdings plc was founded in 1978 and is based in Dublin, Ireland.

STX Stock Price History

STX Stock News Headlines

MarketBeat Week in Review – 4/29 - 5/3 (STX)
Apple, Amgen, and a weak jobs report helped move the market higher as investors temporarily looked past the possibility of no interest rate cuts in 2024
Seagate Technology Warns Cloud Demand is Heating Up
Seagate Technology Holdings hasn't significantly benefitted from the artificial intelligence (AI) boom, but from the recovery of cloud computing demand.
Seagate Technology Warns Cloud Demand is Heating Up
Data storage device manufacturer Seagate Technology Holdings plc NASDAQ: STX hasn't significantly benefitted from the artificial intelligence (AI) boom. Its computer and technology sector rival Western Digital Co. NASDAQ: WDC had a dramatic 2024 reversal of fortune as losses of 46 cents transformed into profits of 40 cents, and sagging revenues turned into a 23% YOY revenue spike.
Western Digital Slips Despite EPS Beat and Raise - Buy Time? (STX)
Data storage solutions device maker Western Digital is benefitting from the secular tailwinds of artificial intelligence (AI) adoption - time to buy?
7 Tech Stocks That Also Provide Passive Income
3 Cryptocurrencies to Buy On the Dip
See More Headlines
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Company Calendar

Ex-Dividend for 4/4 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 7/5 Dividend
Fiscal Year End
Dividend Payable
Next Earnings (Estimated)

Industry, Sector and Symbol

Computer storage devices
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
18 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$7.38 billion
Cash Flow
$2.12 per share
Book Value
($9.00) per share


Free Float
Market Cap
$19.78 billion

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Key Executives

STX Stock Analysis - Frequently Asked Questions

Should I buy or sell Seagate Technology stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Seagate Technology in the last twelve months. There are currently 2 sell ratings, 7 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" STX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STX, but not buy additional shares or sell existing shares.
View STX analyst ratings
or view top-rated stocks.

What is Seagate Technology's stock price target for 2024?

18 analysts have issued 1 year price objectives for Seagate Technology's shares. Their STX share price targets range from $55.00 to $115.00. On average, they anticipate the company's share price to reach $95.50 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price.
View analysts price targets for STX
or view top-rated stocks among Wall Street analysts.

How have STX shares performed in 2024?

Seagate Technology's stock was trading at $85.37 at the beginning of 2024. Since then, STX stock has increased by 10.3% and is now trading at $94.19.
View the best growth stocks for 2024 here

When is Seagate Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our STX earnings forecast

How were Seagate Technology's earnings last quarter?

Seagate Technology Holdings plc (NASDAQ:STX) issued its quarterly earnings results on Tuesday, April, 23rd. The data storage provider reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.04. The data storage provider had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.68 billion. The business's revenue was down 11.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.43) earnings per share.
Read the conference call transcript

How often does Seagate Technology pay dividends? What is the dividend yield for Seagate Technology?

Seagate Technology declared a quarterly dividend on Tuesday, April 23rd. Shareholders of record on Thursday, June 20th will be paid a dividend of $0.70 per share on Friday, July 5th. This represents a $2.80 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend is Thursday, June 20th.
Read our dividend analysis for STX

Is Seagate Technology a good dividend stock?

Seagate Technology (NASDAQ:STX) pays an annual dividend of $2.80 per share and currently has a dividend yield of 2.97%.
Read our dividend analysis for STX.

What guidance has Seagate Technology issued on next quarter's earnings?

Seagate Technology issued an update on its fourth quarter 2024 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share guidance of 0.500-0.900 for the period, compared to the consensus estimate of 0.600. The company issued revenue guidance of $1.7 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.

What is Dave Mosley's approval rating as Seagate Technology's CEO?

246 employees have rated Seagate Technology Chief Executive Officer Dave Mosley on Dave Mosley has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Seagate Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Seagate Technology investors own include Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), AT&T (T), Western Digital (WDC), Bank of America (BAC), NVIDIA (NVDA), QUALCOMM (QCOM), Advanced Micro Devices (AMD) and International Business Machines (IBM).

Who are Seagate Technology's major shareholders?

Seagate Technology's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.79%), Capital Research Global Investors (7.27%), Clearbridge Investments LLC (1.27%), Portman Square Capital LLP (0.00%), Russell Investments Group Ltd. (0.33%) and Swiss National Bank (0.28%). Insiders that own company stock include Ban Seng Teh, Edward J Zander, Edward J Zander, Gianluca Romano, Holdings LP Valueact, Jay L Geldmacher, Jeffrey D Fochtman, Jeffrey D Nygaard, John Christopher Morris, Katherine Schuelke, Mark Adams, Ravi Naik, Stephen J Luczo and William D Mosley.
View institutional ownership trends

How do I buy shares of Seagate Technology?

Shares of STX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Seagate Technology have any subsidiaries?
The following companies are subsidiares of Seagate Technology: Cloverleaf Communications, Dot Hill Israel Ltd., Dot Hill Singapore Pte. Ltd., Dot Hill System Services (Foshan) Limited, Dot Hill Systems, Dot Hill Systems Deutschland GmbH, Dot Hill Systems Europe Ltd., Dot Hill Systems Israel Ltd., Dot Hill Systems Tianjin Ltd., EVault (EMEA) B.V., EVault GmbH i. L., EVault Inc, EVault UK Limited, LaCie, LaCie AB, LaCie AG, LaCie Asia Limited, LaCie Electronique D2, LaCie GmbH, LaCie Group S.A.S., LaCie Ltd, LaCie S.r.l. in Liquidazione, LaCie SAS, LaCie SPRL, Lyve Minds Inc, Maxtor, Maxtor Global Ltd., MetaLINCS, Nippon Seagate Inc., Penang Seagate Industries (M) Sdn. Bhd., Quinta Corporation, Samsung - Hard Disk Drive Business, SandForce, Seagate (Hangzhou) Data Recovery Services Co. Ltd., Seagate Brasil Comercio e Representacao de Produtos de Informática Ltda., Seagate Brasil Comercio e Representacao de Produtos de Informática Ltda. (Sao Paulo Branch), Seagate Business Centre (Singapore) Pte. Ltd., Seagate Business Centre (UK) Ltd., Seagate Business Centre GmbH, Seagate Cloud Systems, Seagate Cloud Systems Japan Ltd., Seagate Data Storage Technology, Seagate Federal, Seagate Global Business Services (Malaysia) Sdn. Bhd., Seagate Global Technology, Seagate HDD Cayman, Seagate International (Johor) Sdn. Bhd., Seagate Korea Ltd., Seagate Korea Ltd. (Seoul Branch), Seagate Singapore International Headquarters Pte. Ltd., Seagate Singapore International Headquarters Pte. Ltd. (Netherlands Branch), Seagate Systems (Bermuda) Limited, Seagate Systems (Canada) Limited, Seagate Systems (Havant) Limited, Seagate Systems (Malaysia) Sdn. Bhd., Seagate Systems (Mexico) S.A. de C.V., Seagate Systems (Philippines), Seagate Systems (Singapore) Pte. Limited, Seagate Systems (UK) Limited, Seagate Systems (UK) Limited (Singapore Branch), Seagate Systems (US) Holdings Inc., Seagate Systems (US) Inc., Seagate Technology (Dublin Branch), Seagate Technology (Ireland), Seagate Technology (Ireland) (Springtown Branch), Seagate Technology (Netherlands) B.V., Seagate Technology (Suzhou) Co., Seagate Technology (Thailand) Limited, Seagate Technology (US) Holdings, Seagate Technology AB, Seagate Technology Australia Pty. Limited, Seagate Technology Canada Inc., Seagate Technology China Holding Company, Seagate Technology GmbH, Seagate Technology HDD (India) Private Limited, Seagate Technology HDD (India) Private Limited (Bangalore Office), Seagate Technology HDD (India) Private Limited (Delhi Office), Seagate Technology International, Seagate Technology International (Singapore Branch), Seagate Technology International (Wuxi) Company Limited, Seagate Technology Israel Ltd., Seagate Technology LLC, Seagate Technology MEA DMCC, Seagate Technology Manufacturing (Hong Kong) Limited, Seagate Technology SAS, Seagate Technology Services (Shanghai) Co. Ltd., Seagate Technology Services (Shanghai) Co. Ltd. (Beijing Branch), Seagate Technology Services (Shanghai) Co. Ltd. (Chengdu Branch), Seagate Technology Services (Shanghai) Co. Ltd. (Dongguan Branch), Seagate Technology Services (Shanghai) Co. Ltd. (Hangzhou Branch), Seagate Technology Services (Shanghai) Co. Ltd. (Shenzhen Branch), Seagate Technology Taiwan Ltd., Seagate Technology UK Ltd., Seagate Technology UK Ltd. (Dublin Branch), Seagate Technology UK Ltd. (Moscow Branch), Seagate US LLC, and Xyratex Ltd.
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This page (NASDAQ:STX) was last updated on 5/27/2024 by Staff

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