Seagate Aktie News

Seagate's Mozaic platform and HAMR technology are expected to boost revenues and increase operating margins. The periodic replacement or upgrading of existing storage units will contribute to Seagate's sales growth. Seagate's gross margin is projected to return to sustainable levels, leading to a higher valuation.

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), the leading innovator of mass-capacity storage solutions, will report fiscal third quarter 2024 financial results after the market closes on Tuesday, April 23, 2024. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be a...

The artificial intelligence (AI) boom has accelerated revenues for various companies in the computer and technology sector. The obvious benefactor and leader of the AI wave is Nvidia Co. NASDAQ: NVDA, with its 90% market share of GPUs.

We've found five stocks that pay yields of around 6% or more and that appear to be capable of maintaining those yields for the next 12 months.

Morgan Stanley recently raised its rating on Seagate from equal weight to overweight. With the firm's analysts raising their price target from $73 per share to $115 per share, that implies upside of 21%.

Seagate stock is getting a lift today thanks to bullish coverage from Morgan Stanley. Morgan Stanley's analysts upgraded their rating on Seagate to overweight.

Seagate stock jumped in Tuesday trading on an upgrade from Morgan Stanley. Analyst expects "multiyear earnings story.

Advancements in artificial intelligence should increases demand for data storage, analyst says.