Seagate
About: Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.
Employees: 30,000
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
25% more repeat investments, than reductions
Existing positions increased: 324 | Existing positions reduced: 260
1.96% more ownership
Funds ownership: 88.41% [Q3] → 90.37% (+1.96%) [Q4]
5% less first-time investments, than exits
New positions opened: 103 | Existing positions closed: 108
2% less funds holding
Funds holding: 810 [Q3] → 794 (-16) [Q4]
19% less capital invested
Capital invested by funds: $20.4B [Q3] → $16.5B (-$3.85B) [Q4]
31% less funds holding in top 10
Funds holding in top 10: 13 [Q3] → 9 (-4) [Q4]
44% less call options, than puts
Call options by funds: $281M | Put options by funds: $501M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$80
12%
downside
Avg. target
$100
9%
upside
High target
$130
43%
upside
7 analyst ratings
4 positive
57%
3 neutral
43%
0 negative
0%
Wells Fargo Aaron Rakers 26% 1-year accuracy 9 / 34 met price target | 15%upside $105 | Equal-Weight Maintained | 30 Apr 2025 |
UBS Timothy Arcuri 35% 1-year accuracy 12 / 34 met price target | 7%downside $85 | Neutral Maintained | 30 Apr 2025 |
Rosenblatt Kevin Cassidy 20% 1-year accuracy 17 / 87 met price target | 43%upside $130 | Buy Maintained | 30 Apr 2025 |
Barclays Tom O'Malley 36% 1-year accuracy 17 / 47 met price target | 12%downside $80 | Equal-Weight Maintained | 22 Apr 2025 |
Citigroup Asiya Merchant 30% 1-year accuracy 12 / 40 met price target | 1%downside $90 | Buy Maintained | 14 Apr 2025 |
Financial journalist opinion
Based on 18 articles about STX published over the past 30 days
Positive
Barrons
4 hours ago
Seagate Technology Stock Rises. The Company Says Tariffs Are No Problem.
The data-storage company says it expects demand for hard disk drives to remain strong throughout the year.
Positive
Zacks Investment Research
8 hours ago
Seagate's Q3 Earnings Beat on Solid Revenue Growth, Shares Jump
Fueled by increased nearline cloud demand, STX's fiscal Q3 2025 top line grows 31% year over year. Enhanced margins positively impact the bottom line.
Neutral
Seeking Alpha
20 hours ago
Seagate Technology Holdings plc (STX) Q3 2025 Earnings Call Transcript
Seagate Technology Holdings plc (NASDAQ:STX ) Q3 2025 Earnings Conference Call April 1, 2025 5:00 PM ET Company Participants Shanye Hudson - Senior Vice President, Investor Relations Dave Mosley - Chief Executive Officer Gianluca Romano - Chief Financial Officer Conference Call Participants Erik Woodring - Morgan Stanley Asiya Merchant - Citi Group C.J. Muse - Cantor Fitzgerald Wamsi Mohan - Bank of America Hadi Orabi - TD Cowen Amit Daryanani - Evercore ISI Jacob Wilhelm - Wells Fargo Vijay Rakesh - Mizuho Timothy Arcuri - UBS Ananda Baruah - Loop Capital Thomas O'Malley - Barclays Tristan Gerra - Baird Mark Miller - The Benchmark Company Operator Welcome to the Seagate Technology Fiscal Third Quarter 2025 Conference Call.
Positive
Zacks Investment Research
20 hours ago
Seagate (STX) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Seagate (STX) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
22 hours ago
Seagate (STX) Tops Q3 Earnings and Revenue Estimates
Seagate (STX) came out with quarterly earnings of $1.90 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $0.33 per share a year ago.
Positive
Reuters
23 hours ago
Seagate forecasts robust Q4 on steady demand for mass capacity storage
Seagate Technology on Tuesday forecast fourth-quarter results above Wall Street estimates, signaling steady demand for its storage and cloud devices for mass capacity storage used in personal computers, sending the company's shares up 6% after the bell.
Neutral
Business Wire
1 day ago
Seagate Technology Reports Fiscal Third Quarter 2025 Financial Results
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal third quarter ended March 28, 2025. "Seagate delivered another solid quarter of profitable year-on-year growth and margin expansion, elevating our non-GAAP EPS to the top of our guidance range. Our performance underscores the structural enhancements we've made to our business model and hea.
Positive
Zacks Investment Research
5 days ago
Seagate Gears Up to Report Q3 Earnings: Here's What to Expect
STX's fiscal third-quarter performance is likely to have gained from incremental improvements in mass capacity demand driven by nearline cloud products.
Neutral
Business Wire
2 weeks ago
AI Is Redefining Tech Infrastructure Priorities: Seagate Report Calls for Balance Between Cost and Carbon
FREMONT, Calif.--(BUSINESS WIRE)--Seagate's new report highlights AI-driven data storage demand and calls for unified sustainability in data centers to balance cost and carbon.
Neutral
Zacks Investment Research
2 weeks ago
Seagate (STX) Earnings Expected to Grow: Should You Buy?
Seagate (STX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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