Seagate Technology Holdings plc (STX)
Seagate forecasts Q2 profit above estimates on strength from cloud customers
Seagate Technology forecast second-quarter profit above Wall Street estimates and beat quarterly results on Tuesday, owing to the significant increase in cloud demand from global customers for its memory chips.
What STX Recovery Chapter Means for A.I. Story
Seagate (STX) reports earnings once markets close. Alex Coffey says the company saw a "tremendous" decline in 3Q 2023, but this 3Q report is expected to send the stock to the upside.
Seagate Technology Buy Signals Before Earnings (Technical Analysis)
Seagate Technology has multiple buy signals and is rated a strong Buy by SA Quant, with a Buy by SA analysts and Wall St. analysts. The weekly chart shows STX outperforming the index with strong demand indicators like ADX and MACD, suggesting continued upward momentum. Chaikin Money Flow has turned positive, indicating a potential rise in price if current buy signals hold.
Up 34% This Year, What Lies Ahead For Seagate's Stock Post Q1 Results?
Note: FY'24 ended in June 2024
The Daily Trader: Options Trades in STX and TXN
Alex Coffey kicks off the week with a pair of example trades in 2 tech stocks reporting earnings on Tuesday: Seagate (STX) and Texas Instruments (TXN). This segment was pretaped and later posted after Monday's closing bell.
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.
Seagate Gears Up for Q1 Earnings: What's in the Offing?
STX's fiscal Q1 performance is likely to have gained from incremental improvements in mass capacity demand driven by nearline cloud products.
Seagate (STX) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Seagate (STX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Will Seagate Continue to Gain From Increasing Mass Capacity Demand?
Momentum in mass capacity solutions is likely to fuel STX's top-line expansion. Intensifying competition is concerning.
Artificial Intelligence (AI) Is Set to Drive Solid Growth in This Market: 1 No-Brainer Stock to Buy Hand Over Fist Before That Happens
The data storage market has massive growth opportunities thanks to catalysts such as AI, and this company is all about data storage.
Micron's Blowout Results Pave the Way for Seagate's Stock Surge
Seagate Technology Holdings plc NASDAQ: STX is a leading provider of consumer and enterprise data storage solutions. It is the largest hard disk drive (HDD) manufacturer in the world and also sells solid-state drives (SSD).
Seagate Technology: Recent Performance Creates Intriguing Buying Opportunity (Rating Upgrade)
The exponential growth in data generation and AI projects boosts demand for Seagate's storage solutions, ensuring long-term relevance and profitability. Despite outperforming major indexes, STX's volatility remains somewhat risky, but its current lower trend channel position presents a better buying opportunity. Monitoring upcoming earnings reports from Seagate and Nvidia, along with the November election, is crucial for assessing Seagate's future stock trajectory.
