Seagate Technology (STX) Stock Price, News & Analysis

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Seagate Technology in the last year. There are currently 2 sell ratings, 9 hold ratings and 8 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.
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19 analysts have issued 12-month price targets for Seagate Technology's shares. Their STX share price targets range from $54.00 to $115.00. On average, they predict the company's share price to reach $86.67 in the next twelve months. This suggests a possible upside of 3.3% from the stock's current price.
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Seagate Technology's stock was trading at $85.37 at the beginning of the year. Since then, STX stock has decreased by 1.7% and is now trading at $83.88.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
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Seagate Technology will be holding an earnings conference call on Tuesday, April 23rd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Seagate Technology Holdings plc (NASDAQ:STX) posted its quarterly earnings results on Wednesday, January, 24th. The data storage provider reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.19. The data storage provider had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.56 billion.

Seagate Technology announced a quarterly dividend on Wednesday, January 24th. Investors of record on Thursday, March 21st will be given a dividend of $0.70 per share on Thursday, April 4th. This represents a $2.80 annualized dividend and a dividend yield of 3.34%. The ex-dividend date of this dividend is Wednesday, March 20th.
Read our dividend analysis for STX.

Seagate Technology (NASDAQ:STX) pays an annual dividend of $2.80 per share and currently has a dividend yield of 3.29%.
Read our dividend analysis for STX.

ETFs with the largest weight of Seagate Technology (NASDAQ:STX) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), Emerge EMPWR Sustainable Dividend Equity ETF (EMCA), First Trust S&P 500 Diversified Dividend Aristocrats ETF (RNDV), Nuveen ESG Mid-Cap Growth ETF (NUMG), Fidelity Cloud Computing ETF (FCLD), VictoryShares Nasdaq Next 50 ETF (QQQN), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) and ALPS Sector Dividend Dogs ETF (SDOG).

Seagate Technology issued an update on its third quarter 2024 earnings guidance on Thursday, January, 25th. The company provided earnings per share guidance of 0.050-0.450 for the period, compared to the consensus estimate of 0.180. The company issued revenue guidance of $1.5 billion-$1.8 billion, compared to the consensus revenue estimate of $1.6 billion.

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

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).

Seagate Technology's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Portman Square Capital LLP (0.00%), Rheos Capital Works Inc. (0.13%), CHURCHILL MANAGEMENT Corp (0.10%), Los Angeles Capital Management LLC (0.04%), Kwmg LLC (0.03%) and Banque Cantonale Vaudoise (0.02%). 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, Valueact Capital Master Fund,, William D Mosley and William D Mosley.
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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.
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