Seagate Technology Holdings plc (STX) is scheduled to report third-quarter fiscal 2024 earnings on Apr 23.The Zacks Consensus Estimate for the earnings is pegged at 25 cents per share. STX reported a loss of 28 cents per share in the prior-year quarter. The consensus estimate for revenues is pegged at $1.65 billion, suggesting a decline of 11.6% from a year ago.Management anticipates third-quarter fiscal 2024 revenues to be $1.65 billion (+/- $150 million). Non-GAAP earnings are expected to be 25 cents per ...

Thursday was a fine day to load up on computer chip and storage stocks. In the latter category, data storage mainstay Seagate Technology (STX 1.18%) had a bullish trading session, closing more than 1% higher against the S&P 500 index's 0.3% upward crawl. Seagate largely has one of its tech sector peers to thank for that.The Micron effectThat peer is flash memory maker Micron Technology, which unveiled its latest set of quarterly results before market open. Happily for that company's shareholders and the ele ...

Seagate Technology Holdings plc (STX) is witnessing strong momentum, with shares having rallied 39.4% in the past year compared with the S&P 500 Composite’s 28.6% growth.At present, the stock carries a Zacks Rank #2 (Buy). Apart from a favorable rank, STX has a Momentum Score of A. Per Zacks’ proprietary methodology, stocks with a combination of a Zacks Rank #1 (Strong Buy) or 2 and a Momentum Score of A or B offer solid investment opportunities.The stock is down 14.5% from its 52-week high level of $101.26 ...

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology plc (NASDAQ: STX), the leading innovator of mass-capacity storage solutions, today announced the launch of its new e-commerce website in the United States. Seagate’s industry-leading storage products can now be purchased directly from www.seagate.com with access to exclusive promotions, support, live chat customer support, and peace of mind with genuine Seagate products. "We are excited to launch our new e-commerce website in the U.S., which will provi ...

It has been about a month since the last earnings report for Seagate (STX) . Shares have lost about 3.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Seagate due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Seagate Q2 Earnings Beat EstimatesSeagate reported seco ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

NEW YORK, Jan. 31, 2024 /PRNewswire/ -- OORT, a decentralized cloud platform, collaborates with Seagate® Technology (NASDAQ: STX), a world leader in mass-data storage infrastructure solutions, integrating Seagate Lyve™ services to boost its infrastructure. This collaboration aims to strengthen OORT's integration of global compute and storage resources, key to its AI-focused services. Seagate Lyve Cloud's integration significantly enhances OORT's storage capabilities, meeting the high data demands of AI app ...

Seagate (STX) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.Analysts' growing optimism on the earnings prospects of this electronic storage maker is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term s ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 ____________________________ FORM 10-Q ___________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 29, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: to Commission File Number 001-31560 _______________________________________ SEAGATE TECHNOLOGY HOLDINGS PUBLIC LI ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...