Seagate Technology Holdings Plc (STX)
Seagate Continues To Flourish On Rising Demand, Strong Pricing
Seagate continues to beat earnings estimates, driven by robust cloud and AI storage demand, and maintains momentum with strong Q3 results and positive Q4 guidance. HDD demand remains resilient despite SSD competition, with Seagate's leadership and new HAMR technology supporting future growth and higher-capacity drives. Valuation is attractive with a forward P/E below the sector median and a solid dividend yield, but shares are less compelling at current elevated prices.
Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand
BS Teh, Seagate's chief commercial officer, told CNBC that the company is aiming to launch a 100-terabyte hard drive by 2030. The largest hard disk drive Seagate currently produces is the 36-terabyte Exos M model, which it launched in January.
S&P 500 Gains and Losses Today: Seagate Technology Stock Jumps as Earnings Underscore Storage Demand
Major U.S. equities indexes ended the midweek trading session mixed as stocks rallied late in the day.
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.
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.
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.
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.
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.
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.
Seagate Technology Q3 Preview: Tariff Uncertainty Keeps Me Hesitant For Now
Seagate Technology Holdings plc is expected to report $1.75 adjusted EPS on $2.14B sales, with 29% y/y growth but an 8% sequential decline. Key focus areas include HDD demand driven by AI advancements and cloud providers' capex, with potential impacts from tariff uncertainties. Seagate's HAMR technology and operational efficiencies are promising, but tariff implications could affect costs and growth outlook.
Seagate (STX) Moves 11.7% Higher: Will This Strength Last?
Seagate (STX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Will Seagate (STX) Beat Estimates Again in Its Next Earnings Report?
Seagate (STX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
