Seagate Technology (STX)
Information Technology19 articles
Price chart
Why is STX moving today?
-3.2%STX is -3.2% today, down more than 3%. The feed has one story from the last 24 hours; the most market-relevant is a macro story from cnbc.com. Read it and judge whether it accounts for a move this size.
What the feed can point to
- 1.S&P 500 Futures Slightly Change as Index Faces Losing WeekMacroneutralcnbc.com
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 12 hours ago
Seagate Technology (STX) overview
Seagate Technology makes hard-disk-drive data storage.
STX is a member of the S&P 500. It sits in the Information Technology sector. That sector covers hardware, software and semiconductor companies driving the digital economy.
Seagate Technology trades on the NasdaqGS under the ticker symbol STX. The most recent market data puts the share price at about $690.81. That is down 3.19% on the session. At that price the company is worth roughly $157.09B.
Over the past 52 weeks, STX has traded between $209.00 and $1,145.00. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 49.7. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. STX also pays a dividend. It yields around 0.43% at the current price.
Key statistics
Source: Yahoo Finance - quote as of 12 hours ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch STX
STX is one of the larger names in the Information Technology sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each STX story as it breaks, and tags it bullish, bearish or neutral.
Size matters here as well. The S&P 500 is weighted by market value. STX is large enough that its own share price nudges the whole index. So it is worth watching even for investors who only hold index funds.
What moves STX
- Earnings. STX reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from STX.
- Sector news. Information Technology stocks often move together, so a rival's news can move STX too.
- Index weight. STX is big enough to move the S&P 500 on its own.
Market Mood
This week for STX
2 stories about Seagate Technology in the last 7 days- S&P 500 Futures Slightly Change as Index Faces Losing WeekMacroneutralcnbc.com
- S&P 500 Steady Amid Bank Earnings; Chip Stocks DeclineEarningsneutralcnbc.com
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Latest STX news
S&P 500 Futures Slightly Change as Index Faces Losing Week
On Thursday, S&P 500 futures were little changed after the index had its first winning session in four days. The S&P 500 index rose roughly 0.3%, while the Nasdaq Composite increased by about 0.1%, ending their respective three-day losing streaks. The Dow Jones Industrial Average led gains with an increase of more than 500 points or around 1.1%. Technology stocks, particularly those in the memory chip sector, have faced a recent sell-off due to competition concerns from China and borrowing worries related to AI buildouts. Micron Technology and other tech stocks like Seagate Technology and Western Digital are on track for a weekly decline, with Micron seeing a potential 9% drop. Meanwhile, CoreWeave, a neocloud stock, is heading for a 15% weekly loss. AI sector growth is under scrutiny as chip stocks such as Nvidia and Broadcom remain in negative territory for the week. This has placed the S&P 500 and Nasdaq in negative weekly positions, with drops of nearly 1% and more than 2% respectively. Jeff Richards of Notable Capital believes that more AI-related companies going public and providing detailed metrics could ease fears over the sector. Additionally, inflation concerns are heightened by elevated energy prices. The mixed market trends highlight investor shifts away from key tech names while monitoring broader economic indicators. Investors should be attentive to how sector-specific developments and inflation data may influence market trajectories.
Read More: S&P 500 Futures Slightly Change as Index Faces Losing Week
S&P 500 Steady Amid Bank Earnings; Chip Stocks Decline
On June 26, 2026, the S&P 500 traded near flat as traders evaluated corporate earnings reports from major banks and reacted to a significant decline in South Korea affecting memory chip stocks. The Nasdaq Composite dropped 0.1%, and the Dow Jones Industrial Average fell 135 points, or 0.3%. Despite JPMorgan Chase missing analyst expectations for its third-quarter earnings and revenue, the bank increased its net interest income guidance for 2026. Wells Fargo's stock fell 2% following mixed third-quarter results, while Goldman Sachs saw a slight increase after surpassing revenue expectations. In the chip sector, a 5.5% drop in South Korea's Kospi benchmark, driven by valuation concerns and competition from China, pressured stocks such as SK hynix, which declined nearly 4%. Seagate Technology and Western Digital saw 2% losses, and Micron Technology and Sandisk also faced declines. Amid elevated energy prices, short interest in key airline stocks like JetBlue and Alaska Air rose as investors positioned themselves against these companies This news matters as it illustrates the mixed reactions across different sectors during the earnings season and highlights the ongoing competitive pressures in the semiconductor industry. Investors should observe the evolving earnings reports and their impact on various market sectors.
Read More: S&P 500 Steady Amid Bank Earnings; Chip Stocks Decline
Toshiba's Production Plans Impact Western Digital and Seagate
Western Digital (WDC) and Seagate (STX) experienced significant stock drops as investors express concern over Toshiba's potential increase in production of an AI storage product. This development could weaken the pricing power currently held by both Western Digital and Seagate in the market. Such changes in production levels by Toshiba raise worries about maintaining current profit margins if prices were to decrease. The possibility of increased AI storage production by Toshiba could lead to oversupply, affecting the supply-demand balance. This situation fosters fears of declining revenues or tighter profit margins for the two companies. Investors reacted by selling shares, reflecting their concern about future earnings. This matters for ordinary investors as changes in production levels by a major competitor like Toshiba could lead to volatility in stock prices and affect the financial health of Western Digital and Seagate.
Read More: Toshiba's Production Plans Impact Western Digital and Seagate
Seagate (STX) Declares $0.74 Dividend with Sept 24 Deadline
Seagate Technology (STX) has announced a quarterly cash dividend of $0.74, with an ex-dividend date set for September 24, 2026, and a payment date on October 7, 2026. This marks the last day for buyers to purchase shares and still qualify for the dividend. The forward annual dividend is indicated to be $2.96, while the trailing dividend yield is reported at 0.34%. For investors, understanding these dividend deadlines can affect trading decisions and potential returns on investments.
Read More: Seagate (STX) Declares $0.74 Dividend with Sept 24 Deadline
SanDisk Earnings Impact Micron (MU), Western Digital (WDC), Seagate (STX)
SanDisk's earnings report is expected to influence the performance of Micron (MU), Western Digital (WDC), and Seagate (STX). Key players in the storage industry are monitoring this development closely. SanDisk's results may lead to shifts in stock prices across the sector, as these companies are interconnected in the supply chain. Investors should consider how SanDisk's outcomes could affect earnings projections and market trends for these related firms.
Read More: SanDisk Earnings Impact Micron (MU), Western Digital (WDC), Seagate (STX)
Seagate (STX) Reports Strong Earnings, Impact on Market Discussed
Jim Cramer referred to Seagate Technology Holdings PLC (STX) as 'the key to this market' after the company reported blowout earnings. Seagate's strong performance has drawn attention and could signal a shift in market sentiment. Analysts are closely watching how this affects trading volumes and investor confidence. The discussion emphasizes the potential importance of Seagate's results for broader market dynamics, particularly for tech stocks.
Read More: Seagate (STX) Reports Strong Earnings, Impact on Market Discussed
Seagate Technology (STX) Reports 44% Revenue Growth, Raises Guidance
Seagate Technology (STX) reported a fiscal Q3 revenue of $3.11 billion, marking a 44.07% increase year-over-year and beating expectations by 5.22%. The non-GAAP EPS was $4.10, exceeding estimates by 16.94%. For Q4, management guided revenue to $3.45 billion and EPS to $5.00. Seagate has contracted nearly all of its nearline capacity through 2027, reflecting strong demand from cloud service providers. These factors indicate potential revenue and earnings growth, making it important for investors in Seagate to note these developments.
Read More: Seagate Technology (STX) Reports 44% Revenue Growth, Raises Guidance
SanDisk (SNDK) Revenue Jumps 251% to $5.95B Amid AI Growth
SanDisk (SNDK) reported a 251% revenue increase to $5.95 billion, largely due to the rise in AI data creation. Seagate (STX) also showed strong results with revenue of $3.11 billion, a rise of 44.1%, and nearly quadrupled free cash flow to $953 million. Seagate maintains a gross margin of 47%, while SanDisk's gross margin improved to 78.4%. Both companies have seen their stock prices decline recently, with SNDK down 23% and STX down 19% in the past month, highlighting the high expectations already reflected in their valuations.
Read More: SanDisk (SNDK) Revenue Jumps 251% to $5.95B Amid AI Growth
Micron (MU) Analysts Forecast Memory Price Increase π 32% Q3 2026
Memory stocks surged in premarket trading with Micron (MU) increasing by 2.2%, and SanDisk (SNDK) rising 3.6%. Analysts pointed to improved pricing trends and AI demand. UBS forecasted DDR contract pricing to rise 32% quarter-over-quarter in Q3 2026, an increase from 17%. They also project global memory industry revenue will reach $992 billion in 2026 and rise to $1.76 trillion in 2027, indicating strong growth potential for memory stocks amidst sustained demand.
Read More: Micron (MU) Analysts Forecast Memory Price Increase π 32% Q3 2026
Tech Exec Faces $400,000 Tax Impact on $1.6M Stock Position
A 64-year-old tech executive holds $1.6 million in a single employer stock, with an embedded long-term capital gain of approximately $1.36 million. Selling this amount in one year could trigger a combined tax burden exceeding $400,000 due to federal, state, and Medicare taxes. Alternatives such as spreading sales across four retirement years could significantly reduce the tax impact, keeping much of the gains in the 15% federal bracket. The article discusses the implications of tax strategy in managing concentrated stock positions, particularly regarding long-term capital gains rates.
Read More: Tech Exec Faces $400,000 Tax Impact on $1.6M Stock Position
Stocks Midday Moves: SpaceX, Adobe, Seagate Among Biggest Movers
Stocks exhibited notable movements, with SpaceX, Adobe (ADBE), and Seagate Technology (STX) making significant strides. While specific trading volumes and percentage changes were not detailed, the mention of these companies implies potential market interest. Factors influencing shifts could include recent earnings reports or announcements, though specifics were not provided. Tracking such movements is essential for investors considering market trends and potential investments in these companies.
Read More: Stocks Midday Moves: SpaceX, Adobe, Seagate Among Biggest Movers
Seagate (STX) Shares Drop Over 8% Amid Factory Capacity Concerns
Seagate Technology Holdings PLC (STX) shares fell over 8% on Monday following CEO Dave Mosley's remarks at a JPMorgan conference regarding manufacturing capacity. Mosley indicated that building new factories would take too long, raising concerns about meeting the increasing demand for memory chips driven by artificial intelligence. In addition, shares of industry peers, including Micron Technology (MU) and Western Digital Corp (WDC), also declined, with drops of approximately 5% and 7%, respectively. This drop reflects investor anxiety over the capability of leading memory makers to satisfy mounting demand as production cycles are lengthy.
Read More: Seagate (STX) Shares Drop Over 8% Amid Factory Capacity Concerns
Seagate Technology (STX) stock slides amid market volatility
Seagate Technology (STX) stock experienced a decline today, reflecting broader market volatility. No specific trading volumes or percentage changes were mentioned in the article. This decline indicates investor sentiment regarding STX and market conditions. The performance of STX may influence investor decisions in the tech sector, given its position in hard drive manufacturing.
Read More: Seagate Technology (STX) stock slides amid market volatility
Seagate Technology (STX) Analysts Favor Long-Term Growth Potential
Seagate Technology (STX) reported better-than-expected results for Q3 FY26, prompting TD Cowen analyst Krish Sankar to raise his price target from $500 to $850. The company's FY26 Q4 earnings per share estimate is $5, exceeding Street expectations by 25%. Additionally, Marvell Technology (MRVL) is positioned to benefit from a $100 billion deal between Amazon and Anthropic for AWS technologies. Analyst Srini Pajjuri reaffirmed a buy rating on Marvell, indicating optimized prospects for both firms, particularly in the AI-driven markets.
Read More: Seagate Technology (STX) Analysts Favor Long-Term Growth Potential
Seagate (STX) Stocks Move Midday Amid Notable Market Trends
Midday trading saw significant movements from companies including Seagate (STX). Specific trading volumes and percentage changes for these stocks were noted, impacting overall market dynamics. The article highlights the importance of tracking such fluctuations for investors looking for market opportunities. This data could influence investor behavior and trading strategies in the technology and healthcare sectors.
Read More: Seagate (STX) Stocks Move Midday Amid Notable Market Trends
S&P 500 Futures Flat Amid Oil Rise and Fed Decision
S&P 500 futures were unchanged while oil prices rose due to a U.S. naval blockade on Iran. In premarket trading, Starbucks (SBUX) increased by 4% after raising its full-year outlook. Seagate Technology (STX) and NXP Semiconductors (NXPI) saw increases of over 18% and 19%, respectively, after strong earnings results. Conversely, shares of Robinhood (HOOD) fell 10% as their first-quarter results missed expectations. The market anticipates earnings reports from Alphabet (GOOGL), Amazon (AMZN), Meta Platforms (META), and Microsoft (MSFT) following the close on Wednesday.
Read More: S&P 500 Futures Flat Amid Oil Rise and Fed Decision
Seagate (STX), Robinhood (HOOD) Stocks Making Premarket Moves
Premarket trading has seen significant movements from companies such as Seagate (STX) and Robinhood (HOOD). Specific trading volumes and percentage changes were not disclosed. These shifts may influence investor sentiment and market dynamics as trading progresses. Monitoring these stocks is essential for assessing market reactions to their premarket performance.
Read More: Seagate (STX), Robinhood (HOOD) Stocks Making Premarket Moves
Seagate (STX), Bloom Energy (BE), Teradyne (TER) Lead Earnings Results
Seagate Technology (STX) reported lower earnings, impacting future trading, while Bloom Energy (BE) and Teradyne (TER) also moved market sentiment with their earnings announcements. Notably, tech stocks are under review as major companies prepare for their earnings releases, which could greatly affect market trends. Market analysts are particularly focused on the upcoming tech earnings, which could bring volatility depending on reported performance. Investors are advised to watch these events closely for potential trading opportunities.
Read More: Seagate (STX), Bloom Energy (BE), Teradyne (TER) Lead Earnings Results
Seagate (STX) Stock Rating Upgraded by Barclays on Pricing Outlook
Barclays upgraded Seagate Technology (STX) stock rating based on an improved pricing outlook in the hard disk drive market. Analysts highlighted that this revision reflects stronger demand and pricing stability in the sector. The upgrade could potentially influence investor sentiment and trading volumes for STX shares. Seagate has been actively responding to market conditions with strategic adjustments to its pricing and product offerings.
Read More: Seagate (STX) Stock Rating Upgraded by Barclays on Pricing OutlookMore Information Technology stocks
Frequently asked questions
Is Seagate Technology in the S&P 500?
Yes. Seagate Technology trades as STX and is a member of the S&P 500. The index lists it in the Information Technology sector.
What sector is STX in?
STX sits in the Information Technology sector of the S&P 500.
Where can I find the latest STX news?
Right here. This page collects recent STX news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Seagate Technology's stock price?
STX last traded at about $690.81. Prices move all through the session, so this is the latest quote rather than a live one.
What is Seagate Technology's market cap?
STX is worth roughly $157.09B. Market cap is the share price times the number of shares outstanding.
What is STX's P/E ratio?
STX trades at a trailing P/E ratio of about 49.7. The ratio compares the share price with earnings per share over the past year.