Seagate Technology Stock Plunges After Earnings Beat. Here’s Why.
The disk-drive provider beat quarterly estimates for earnings and sales but disappointing guidance seemed to take priority.
Seagate Technology Plc (STX) Q1 2025 Earnings Call Transcript
Operator Welcome to the Seagate Technology fiscal first quarter 2025 conference call. All participants will be in a listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions.
Seagate Technology Falls Despite Q1 Earnings Beat And Rising Margins
Seagate Technology Holdings PLC (NASDAQ:STX) shares are trading lower on Wednesday. The company reported first-quarter revenue of $2.17 billion, beating the consensus of $2.119 billion. Adjusted gross margin rose to 33.
Up 34% This Year, What Lies Ahead For Seagate's Stock Post Q1 Results?
We expect STX’s stock to likely see little to no movement with revenue and earnings matching expectations in fiscal Q1.
Seagate: Fiscal Q1 Earnings Snapshot
The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share. The electronic storage maker posted revenue of $2.17 billion in the period, also beating Street forecasts.
Q1 2025 Seagate Technology Holdings PLC Earnings Call
Gianluca Romano; Chief Financial Officer, Executive Vice President; Seagate Technology Holdings PLC Wamsi Mohan; Analyst; Bank of America Merrill Lynch Toshiya Hari; Analyst; Goldman Sachs C.J. Muse; Analyst; Cantor Fitzgerald Ananda Baruah; Analyst; Loop Capital Markets Vijay Rakesh; Analyst; Mizuho Securities
Seagate Stock Falls Despite Earnings Ahead Of Views
Seagate stock fell late Tuesday, despite the data storage company's fiscal first quarter earnings and sales beating views.
Seagate Technology Is Well Positioned For The Last Half Of The Upcycle
Seagate Technology Holdings is sees growth with AI, cloud, and CPU server trends. Click here for a review of STX Q1 earnings ...
Seagate Technology Positioned for Growth with Strong Performance and Positive Outlook
Mizuho Securities analyst Vijay Rakesh has reiterated their bullish stance on STX stock, giving a Buy rating today. Vijay Rakesh has given his ...
Seagate Technology Reports Fiscal First Quarter 2025 Financial Results
The business outlook for the fiscal second quarter 2025 is based on our current assumptions and expectations; actual results ...
Seagate Technology Buy Signals Before Earnings (Technical Analysis)
Seagate Technology is rated a strong Buy by SA Quant, with a Buy by SA analysts and Wall St. analysts. Check out the full ...
Seagate Technology: Strong Margins, Strategic Positioning, and HAMR Technology Drive Buy Rating with $120 Price Target
In a report released today, Tristan Gerra from Robert W. Baird maintained a Buy rating on Seagate Tech (STX – Research Report), with a ...
Seagate Technology Raises Quarterly Dividend 2.9%
Seagate Technology raised its quarterly cash dividend by 2.9%, to 72 cents per share. The mass-capacity data storage company said on Tuesday that its board of directors approved a quarterly payout to ...
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 ...
Seagate stock down as below-consensus Q2 guidance offsets Q1 beat
Seagate Technology PLC (NASDAQ:STX) shares slid 5% in premarket trading Wednesday after the data storage company issued a Q2 ...