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 7,419 funds
0
Analysts bullish %
of 4 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: 259
1.96% more ownership
Funds ownership: 88.41% [Q3] → 90.37% (+1.96%) [Q4]
3% less first-time investments, than exits
New positions opened: 105 | Existing positions closed: 108
2% less funds holding
Funds holding: 808 [Q3] → 794 (-14) [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
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$80
4%
downside
Avg. target
$94
13%
upside
High target
$112
35%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Barclays Tom O'Malley 38% 1-year accuracy 18 / 48 met price target | 4%downside $80 | Equal-Weight Maintained | 22 Apr 2025 |
Citigroup Asiya Merchant 13% 1-year accuracy 5 / 40 met price target | 8%upside $90 | Buy Maintained | 14 Apr 2025 |
Mizuho Vijay Rakesh 10% 1-year accuracy 7 / 71 met price target | 14%upside $95 | Outperform Maintained | 10 Apr 2025 |
B of A Securities Mehdi Hosseini 11% 1-year accuracy 4 / 38 met price target | 35%upside $112 | Buy Maintained | 13 Mar 2025 |
Financial journalist opinion
Based on 11 articles about STX published over the past 30 days
Neutral
Business Wire
1 week 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
1 week 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.
Positive
Investors Business Daily
1 week ago
8 Stocks' Profit Is About To Take Off — But No One Seems To Notice
What does an S&P 500 stock need to do to get attention in this market? You'd think doubling profit (or more) would do it — but apparently not.
Negative
Seeking Alpha
1 week ago
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.
Positive
Market Watch
1 week ago
7 tech stocks to consider buying now, after the Nasdaq's slump
Tech is one of the best places to look for bargain-priced stocks now, because the sector has been hit so hard. The worst of the tariff storm could be behind us.
Positive
Zacks Investment Research
2 weeks ago
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.
Positive
Benzinga
2 weeks ago
Wall Street's Most Accurate Analysts Spotlight On 3 Tech Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Positive
Investors Business Daily
2 weeks ago
11 Stocks Go Deeply On Sale Following Trump's Tariffs
If there's a bright side to President Trump's tariffs, proponents say, it's that many S&P 500 stocks are now on sale. The post 11 Stocks Go Deeply On Sale Following Trump's Tariffs appeared first on Investor's Business Daily.
Positive
Zacks Investment Research
3 weeks ago
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.
Neutral
Business Wire
3 weeks ago
Seagate Completes Acquisition of Intevac
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (Nasdaq: STX) (“Seagate”), a leading innovator of mass-capacity data storage, announced today that it has completed the acquisition of Intevac, Inc. (Nasdaq: IVAC) (“Intevac”), a supplier of thin-film processing systems. Completion of Tender Offer and Merger The previously announced cash tender offer for all of the outstanding shares of common stock of Intevac for $4.00 per share, payable in cash at closing, without interest and.
Charts implemented using Lightweight Charts™