96.54 USD
+1.11
1.16%
At close Feb 6, 4:00 PM EST
Pre-market
96.90
+0.36
0.37%
1 day
1.16%
5 days
-1.59%
1 month
8.34%
3 months
-6.25%
6 months
3.05%
Year to date
11.75%
1 year
12.00%
5 years
75.02%
10 years
61.06%
 

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 6,831 funds
0
Analysts bullish %
of 12 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

43% more first-time investments, than exits

New positions opened: 107 | Existing positions closed: 75

15% more repeat investments, than reductions

Existing positions increased: 299 | Existing positions reduced: 260

3% more funds holding

Funds holding: 786 [Q2] → 806 (+20) [Q3]

3% more capital invested

Capital invested by funds: $22.2B [Q2] → $22.9B (+$725M) [Q3]

6% less call options, than puts

Call options by funds: $566M | Put options by funds: $604M

2.81% less ownership

Funds ownership: 102.25% [Q2] → 99.43% (-2.81%) [Q3]

19% less funds holding in top 10

Funds holding in top 10: 16 [Q2] → 13 (-3) [Q3]

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$68
30%
downside
Avg. target
$118
22%
upside
High target
$160
66%
upside

12 analyst ratings

positive
50%
neutral
42%
negative
8%
Cantor Fitzgerald
Matthew Prisco
70% 1-year accuracy
7 / 10 met price target
24%upside
$120
Neutral
Reiterated
22 Jan 2025
UBS
Timothy Arcuri
45% 1-year accuracy
14 / 31 met price target
9%upside
$105
Neutral
Maintained
22 Jan 2025
Susquehanna
Mehdi Hosseini
66% 1-year accuracy
27 / 41 met price target
30%downside
$68
Negative
Maintained
22 Jan 2025
Rosenblatt
Kevin Cassidy
55% 1-year accuracy
31 / 56 met price target
55%upside
$150
Buy
Maintained
22 Jan 2025
B of A Securities
Wamsi Mohan
73% 1-year accuracy
61 / 84 met price target
35%upside
$130
Buy
Maintained
22 Jan 2025

Financial journalist opinion

Based on 27 articles about STX published over the past 30 days

Positive
MarketBeat
1 week ago
Top Analysts' Picks for 2025: 3 of Morgan Stanley's Favorites
Among sell-side analysts on Wall Street, Morgan Stanley is one of the most well-known. The company's large investment banking business, which generated $6.1 billion in revenue in fiscal 2024, contributes to the scope of its equity coverage.
Top Analysts' Picks for 2025: 3 of Morgan Stanley's Favorites
Positive
Benzinga
1 week ago
DeepSeek News Plunges IT Hardware Stocks, But Analyst Sees 5 Bright Spots Among Tech Giants
IT hardware stocks have dropped following the DeepSeek news.
DeepSeek News Plunges IT Hardware Stocks, But Analyst Sees 5 Bright Spots Among Tech Giants
Positive
Forbes
1 week ago
Seagate Stock Soars 25% YTD, What's Driving The Rally?
Seagate (NASDAQ: STX) recently released its Q2 earnings, and its stock has surged 25% year-to-date (Jan. 24), reaching nearly $108 per share. STX beat both on top and bottom lines in its fiscal second quarter, which ended December 27.
Seagate Stock Soars 25% YTD, What's Driving The Rally?
Positive
Seeking Alpha
2 weeks ago
Seagate Technology: Growth Is Just Beginning, Buy Before The Market Finds Out
Seagate Technology Holdings plc reported strong Q2 '25 earnings with 50% YoY revenue growth and significant margin expansion, driven by high demand from cloud service providers. Despite a $200mm revenue headwind in Q3 '25 from production issues, Seagate's operational improvements and increased inventory levels support future growth. Seagate should realize a strong free cash flow tailwind through operations and working down inventories in e2h25.
Seagate Technology: Growth Is Just Beginning, Buy Before The Market Finds Out
Positive
Investopedia
2 weeks ago
Seagate Stock Soars as Analysts Raise Targets on AI-Driven Data Storage Demand
Seagate Technology (STX) shares jumped Wednesday as several analysts raised their price targets for the data storage solutions provider's stock after the company's fiscal second-quarter results topped estimates.
Seagate Stock Soars as Analysts Raise Targets on AI-Driven Data Storage Demand
Positive
Benzinga
2 weeks ago
Seagate Reports Solid Q2, Analyst Optimistic About Advanced HAMR Technology Impact In 2025
Cantor Fitzgerald analyst C.J. Muse expressed views on Seagate Technology Holdings PLC‘s STX second-quarter results while retaining a Neutral rating and a price target of $120.
Seagate Reports Solid Q2, Analyst Optimistic About Advanced HAMR Technology Impact In 2025
Positive
Zacks Investment Research
2 weeks ago
Seagate's Q2 Earnings & Revenues Beat, Increase Y/Y, Stock Gains
STX's fiscal Q2 2025 top line expands 50% year over year, driven by robust performance in nearline cloud services and a recovery in enterprise markets.
Seagate's Q2 Earnings & Revenues Beat, Increase Y/Y, Stock Gains
Positive
Schwab Network
2 weeks ago
STX Ramps Up A.I. Growth, COF & PG Earnings Beats
Seagate Technology (STX) rallied off signs of profit growth. The company aims to build on its A.I. potential with expected demand for data centers to increase. Capital One (COF) showed strong consumer spending with its earnings beat, as did Procter & Gamble (PG). Diane King Hall discusses what's driving some of the morning's notable moves.
STX Ramps Up A.I. Growth, COF & PG Earnings Beats
Positive
Benzinga
2 weeks ago
These Analysts Increase Their Forecasts On Seagate After Strong Q2 Earnings
Seagate Technology Holdings plc STX reported better-than-expected second-quarter earnings on Tuesday.
These Analysts Increase Their Forecasts On Seagate After Strong Q2 Earnings
Neutral
Seeking Alpha
2 weeks ago
Seagate Technology Holdings plc (STX) Q2 2025 Earnings Conference Call Transcript
Seagate Technology Holdings plc (NASDAQ:STX ) Q2 2025 Earnings Conference Call January 21, 2025 5:00 PM ET Company Participants Shanye Hudson - I|R David Mosley - CEO Gianluca Romano - CFO Conference Call Participants Erik Woodring - Morgan Stanley Wamsi Mohan - Bank of America Krish Sankar - TD Cowen Amit Daryanani - Evercore Timothy Arcuri - UBS Asiya Merchant - Citigroup Steven Fox - Fox Advisors Thomas O'Malley - Barclays Aaron Rakers - Wells Fargo Karl Ackerman - BNP Paribas Vijay Rakesh - Mizuho C.J. Muse - Cantor Fitzgerald Ananda Baruah - Loop Capital Operator Good afternoon, and welcome to the Seagate Technology Fiscal Second Quarter 2025 Conference Call.
Seagate Technology Holdings plc (STX) Q2 2025 Earnings Conference Call Transcript
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