Seagate Technology Reports Fourth Quarter and Fiscal Year 2020 Financial Results

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Go back to Seagate Technology Reports Fourth Quarter and Fiscal Year 2020 Financial Results

Seagate Technology (STX) PT Lowered to $44 at Cowen

July 29, 2020 7:58 AM EDT

Cowen analyst Karl Ackerman lowered the price target on Seagate Technology (NASDAQ: STX) to $44.00 (from $50.00) while maintaining a Market Perform rating.

... More

Seagate Technology (STX) Misses Q4 EPS by 9c, Q1 Guidance Misses

July 28, 2020 4:01 PM EDT

Seagate Technology (NASDAQ: STX) reported Q4 EPS of $1.20, $0.09 worse than the analyst estimate of $1.29. Revenue for the quarter came in at $2.52 billion versus the consensus estimate of $2.61 billion.

GUIDANCE:

Seagate Technology sees Q1 2021 EPS of $0.60-$1.00, versus the consensus of $1.27.... More