It's difficult to consider buying stocks during such times. When a significant drop in stock prices is followed by another, it often feels wise to sell before losing even more from your investments.
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a top company in large data storage solutions, has announced its participation in upcoming investor events. The first event is the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2025, where they will present at 10:45 AM PT / 1:45 PM ET and hold meetings with investors. The second event is the Loop Capital Markets 6th Annual Investor Conference on March 11, 2025, where they will be hosting.
We have just released a list of the 15 Most Promising Technology Stocks to Invest in Right Now. In this article, we will examine how Seagate Technology Holdings plc (NASDAQ:STX) compares to other top technology stocks. The worldwide technology industry is expected to see significant earnings growth in 2025, fueled by […]
Seagate (NASDAQ: STX) has just announced its Q2 earnings, and its stock has increased by 25% since the beginning of the year, reaching almost $108 per share as of January 24. The company exceeded expectations for both revenue and profit in its fiscal second quarter, which concluded on December 27.
We have just put together a list of the 10 stocks that analysts favored this week. In this article, we will examine how Seagate Technology Holdings plc (NASDAQ:STX) compares to these other popular stocks. On Tuesday, US stocks had a positive day, with the Dow rising by 538 points, which is an increase of 1.24%.
Seagate Technology Holdings plc announced impressive earnings for the second quarter of 2025, showing a 50% increase in revenue compared to the previous year, thanks to high demand from cloud service providers. Although they expect a $200 million drop in revenue in the third quarter of 2025 due to production challenges, improvements in operations and higher inventory levels will help support future growth. Seagate is likely to benefit from strong free cash flow as they continue their operations and reduce inventory in the second half of 2025.
On Wednesday, Seagate Technology (STX) saw its shares rise after multiple analysts increased their price targets for the company's stock. This came after the data storage provider reported fiscal second-quarter results that exceeded expectations.
C.J. Muse, an analyst at Cantor Fitzgerald, shared his thoughts on Seagate Technology Holdings PLC's STX second-quarter results. He maintained a Neutral rating and set a price target of $120 for the company.
Seagate (STX) reported quarterly earnings of $2.03 per share, which is higher than the Zacks Consensus Estimate of $1.88 per share. This is a significant increase compared to earnings of $0.12 per share from the same period last year.
On Tuesday, Seagate Technology predicted that its revenue for the third quarter would be lower than what analysts expected. The company anticipates weak sales for its storage devices used in personal computers, as the PC market is having difficulty recovering.