Seagate Technology Reports Fiscal Second Quarter 2022 Financial Results

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

Seagate Technology (STX) PT Raised to $126 at CFRA

January 27, 2022 12:02 PM EST

CFRA raised its price target on Seagate Technology (NASDAQ: STX) to $126.00 (from $88.00) while maintaining a Hold rating.

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

January 27, 2022 7:21 AM EST

Cowen analyst Karl Ackerman raised the price target on Seagate Technology (NASDAQ: STX) to $120.00 (from $105.00) while maintaining an Outperform rating.

The analyst commented, "DecQ results and the MarQ guide were in-line when taken together, but we remain bullish given an upwardly... More

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

January 27, 2022 6:41 AM EST

Rosenblatt analyst Kevin Cassidy raised the price target on Seagate Technology (NASDAQ: STX) to $120.00 (from $115.00) while maintaining a Buy rating following results.

The analyst commented, "Data storage is a critical component for artificial intelligent applications. We see Seagate's HDD strategy aligning very closely to... More

Seagate Technology (STX) Tops Q2 EPS by 5c

January 26, 2022 4:08 PM EST

Seagate Technology (NASDAQ: STX) reported Q2 EPS of $2.41, $0.05 better than the analyst estimate of $2.36. Revenue for the quarter came in at $3.12 billion versus the consensus estimate of $3.11 billion.

GUIDANCE:

Seagate Technology sees Q3 2022 EPS of $1.80-$2.20, versus the consensus of $2.07.... More