Seagate Technology Reports Fiscal Second Quarter 2025 Financial Results
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Go back to Seagate Technology Reports Fiscal Second Quarter 2025 Financial Results
January 22, 2025 6:55 AM EST
Northland analyst Gus Richard raised the price target on Seagate Technology (NASDAQ: STX) to $160.00 (from $144.00) while maintaining a Outperform rating.
The analyst comments "STX reported an upside in earnings driven by higher GM. We expect further GM expansion driven by its areal density roadmap,... More
January 22, 2025 4:49 AM EST
Baird analyst Tristan Gerra reiterated an Outperform rating and $120.00 price target on Seagate Technology (NASDAQ: STX)
The analyst comments "Hyperscaler capex is poised to increase further this year. Nearline EB shipments exceeded for the first time the F4Q22 peak, increasing 77% YoY.... More
January 22, 2025 4:31 AM EST
Summit Insights analyst Kinngai Chan upgraded Seagate Technology (NASDAQ: STX) from Hold to Buy.
The analyst comments "We are upgrading STX to a buy as we expect its HAMR HDD to drive upside to its gross margin in 2H25. We expect the current... More
