Seagate Technology Reports Fiscal First Quarter 2022 Financial Results

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Go back to Seagate Technology Reports Fiscal First Quarter 2022 Financial Results

Seagate Technology (STX) PT Raised to $120 at Stifel

October 22, 2021 1:55 PM EDT

Stifel analyst Patrick Ho raised the price target on Seagate Technology (NASDAQ: STX) to $120.00 (from $115.00) while maintaining a Buy rating.

The analyst commented, "Following Seagates 1Q22 earnings call, we were pleasantly surprised on the improving near-term demand outlook, and long-term,... More

Seagate Technology (STX) Tops Q1 EPS by 14c, Offers Q2 Guidance

October 22, 2021 8:07 AM EDT

Seagate Technology (NASDAQ: STX) reported Q1 EPS of $2.35, $0.14 better than the analyst estimate of $2.21. Revenue for the quarter came in at $3.12 billion versus the consensus estimate of $3.1 billion.

GUIDANCE:

Seagate Technology sees Q2 2022 EPS of $2.35. Seagate Technology sees Q2 2022 revenue of $3.1... More