Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, today announced that management is scheduled to participate in the following investor events: Event: UBS Global Technology and AI Conference on Tuesday, December 3, 2024 Details: Presentation at 12:35 PM PT / 3:35 PM ET and hosting investor meetings Event: Wells Fargo 8th Annual TMT Summit on Wednesday, December 4, 2024 Details: Presentation at 11:00 AM PT / 2:00 PM ET and hosting investor meetings Event: Barclays 22nd Annual Global Technology Conference on Wednesday, December 11, 2024 Details: Presentation at 9:15 AM PT / 12:15 PM ET and hosting investor meetings The live webcasts can b

Fiscal Q1 2025 Highlights Revenue increased to $2.17 billion GAAP diluted earnings per share (EPS) of $1.41; non-GAAP diluted EPS of $1.58 Cash flow from operations of $95 million and free cash flow of $27 million Increased quarterly cash dividend by approximately 3% to $0.72 per share Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal first quarter ended September 27, 2024. "Seagate is off to an outstanding start to the fiscal year, highlighted by gross margin expanding to the highest level in more than a decade," said Dave Mosley, Seagate's chief executive

Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, will report fiscal first quarter 2025 financial results after the market closes on Tuesday, October 22, 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 accessed online at Seagate's Investor Relations website at investors.seagate.com. About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four b

Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, today announced that management is scheduled to participate in the following investor events: Event: Evercore ISI Semiconductor, IT Hardware & Networking Conference on Tuesday, August 27, 2024 Details: Hosting investor meetings Event: Citi's 2024 Global TMT Conference on Wednesday, September 4, 2024 Details: Presentation at 7:00 AM PT / 10:00 AM ET and hosting investor meetings Event: Benchmark 2024 Tech, Media & Telecom Conference on Thursday, September 5, 2024 Details: Hosting investor meetings The live webcast can be accessed online at Seagate's Investor Relations website at investors

Seagate Technology plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, today marked the opening of its e-commerce website in Canada. The expansion of the store follows the success of its U.S. launch in February. The new website provides a premier shopping experience, localized for both English and French speaking customers, and allows the direct purchase of Seagate's cutting-edge storage products. "Customers will have access to exclusive promotions, real-time support, and the peace of mind that they are getting authentic Seagate products," said Lance Ohara, Vice President, Consumer and OEM Marketing at Seagate. "Our LaCie creative professional portfolio will also be ava

Fiscal Q4 2024 Highlights Revenue of $1.89 billion GAAP diluted earnings per share (EPS) of $2.39; non-GAAP diluted EPS of $1.05 Cash flow from operations of $434 million and free cash flow of $380 million Declared cash dividend of $0.70 per share Fiscal Year 2024 Highlights Revenue of $6.55 billion GAAP diluted EPS of $1.58; non-GAAP diluted EPS of $1.29 Cash flow from operations of $918 million and free cash flow of $664 million Returned $585 million to shareholders through dividends Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal four

Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, will report fourth quarter and fiscal year 2024 financial results after the market closes on Tuesday, July 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 accessed online at Seagate's Investor Relations website at investors.seagate.com. About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped o

The collaboration enables consumers to purchase recertified drives through an established retail platform Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, announced its sustainability collaboration with e-commerce site eBay. The agreement establishes Seagate's official storefront on eBay as a direct channel for consumers to access factory-recertified hard drives as part of the Seagate Circularity Program. As a founding member of the Circular Drive Initiative—a partnership of global leaders in digital storage, data centers, sustainability, and blockchain collaborating to reduce e-waste—Seagate is committed to enabling the secure reuse of st

Jim Lee to head the company's legal team Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, announced today the appointment of Jim Lee as senior vice president, chief legal officer, and corporate secretary. Mr. Lee spent the past 5 years serving as senior vice president, general counsel, and corporate secretary at Maxar Technologies, a global leader in space technology and geospatial intelligence. During his tenure, he significantly strengthened the legal and compliance functions, established a successful litigation track-record, and played a pivotal role in multiple complex transactions. Prior to Maxar, Mr. Lee spent nearly 15 years at Aram

Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity storage, today announced that management is scheduled to participate in the following investor events: Event: TD Cowen 52nd Annual Technology, Media & Telecom Conference on Wednesday, May 29, 2024 Details: Presentation at 8:25 AM PT / 11:25 AM ET and hosting investor meetings Event: Bank of America Securities Global Technology Conference 2024 on Tuesday, June 4, 2024 Details: Presentation at 9:20 AM PT / 12:20 PM ET and hosting investor meetings The live webcasts can be accessed online at Seagate's Investor Relations website at investors.seagate.com. A replay of these webcasts will be available for at

The Benchmark Company downgraded Seagate Tech from Buy to Hold

TD Cowen reiterated coverage of Seagate Tech with a rating of Buy and set a new price target of $135.00 from $110.00 previously

BofA Securities reiterated coverage of Seagate Tech with a rating of Buy and set a new price target of $110.00

Citigroup initiated coverage of Seagate Tech with a rating of Buy and set a new price target of $110.00

Wedbush upgraded Seagate Tech from Neutral to Outperform and set a new price target of $100.00

Morgan Stanley upgraded Seagate Tech from Equal-Weight to Overweight and set a new price target of $115.00 from $73.00 previously

Evercore ISI initiated coverage of Seagate Tech with a rating of Outperform and set a new price target of $110.00

TD Cowen reiterated coverage of Seagate Tech with a rating of Outperform and set a new price target of $110.00 from $85.00 previously

Cantor Fitzgerald initiated coverage of Seagate Tech with a rating of Neutral and set a new price target of $90.00

Exane BNP Paribas downgraded Seagate Tech from Neutral to Underperform and set a new price target of $65.00

Jim Lee to head the company's legal team Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, announced today the appointment of Jim Lee as senior vice president, chief legal officer, and corporate secretary. Mr. Lee spent the past 5 years serving as senior vice president, general counsel, and corporate secretary at Maxar Technologies, a global leader in space technology and geospatial intelligence. During his tenure, he significantly strengthened the legal and compliance functions, established a successful litigation track-record, and played a pivotal role in multiple complex transactions. Prior to Maxar, Mr. Lee spent nearly 15 years at Aram

Seagate Technology Holdings plc (NASDAQ:STX), a world leader in data storage and infrastructure solutions, today announced that Robert (Bob) Bruggeworth has been appointed to the company's Board of Directors and to serve on the Audit and Finance Committee of the Board, effective November 9, 2022. "I am very pleased to welcome Bob to Seagate's Board of Directors," said Mike Cannon, Seagate's Board Chair. "Bob has extensive executive leadership experiences with over 20 years as CEO of two public companies, RF Micro Devices and currently Qorvo. Prior to these roles, Bob spent 16 years in various senior leadership positions at AMP, now part of TE Connectivity, residing in Asia and the U.S." S

Seagate Technology Holdings plc (NASDAQ:STX), a world leader in data storage and infrastructure solutions, today announced that Richard (Rick) Clemmer has been appointed to the company's Board of Directors, effective August 23, 2022. "Rick is a highly accomplished technology industry leader and so I am delighted to welcome him to Seagate's Board of Directors," said Mike Cannon, Seagate's Board Chair. "Rick's proven track record of driving growth and value creation across multiple global companies makes him a strong addition to Seagate's board." Mr. Clemmer brings extensive leadership and financial management experience in technology industries spanning semiconductor, storage, e-Commerce,

Seagate Technology Holdings plc (NASDAQ:STX), a world leader in data storage and infrastructure solutions, today announced that Yolanda Lee Conyers has been appointed to the company's Board of Directors and to serve on the Compensation committee of the Board, effective January 24, 2022. "I am very pleased to welcome Yolanda to Seagate's Board of Directors," said Mike Cannon, Seagate's Board Chair. "Yolanda is a highly regarded global human resource leader with expertise in organizational and leadership development, cultural integration and building diverse talent pipelines. Her extensive knowledge and broad technology industry expertise will be a strong addition to Seagate's board and supp

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology plc (NASDAQ: STX), a world leader in data storage and infrastructure solutions, today announced that Shankar Arumugavelu has been appointed to the company’s Board of Directors and to serve on the Audit and Finance Committee of the Board, effective March 19, 2021. "I am very pleased to welcome Shankar to Seagate's Board of Directors," said Mike Cannon, Seagate's Board Chair. "As a well-respected CIO for one of the largest communications technology companies in the world, Shankar will bring a wealth of knowledge on the evolution of the 5G Datasphere as it accelerates the power and potential of better utilizing massive amounts of da

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology plc (NASDAQ: STX), a world leader in data storage and management solutions, today announced that Pratik “Prat” Bhatt has been appointed to the company’s Board of Directors and to serve on the Audit and Finance Committee of the Board, effective December 24, 2020. “I am very pleased to welcome Prat to Seagate’s Board of Directors,” said Mike Cannon, Seagate’s Board Chair. “As a technology industry veteran with extensive global financial experience, his insights will be hugely valuable to Seagate and the Board.” Mr. Bhatt is an accomplished executive currently serving as Senior Vice President, Chief Accounting Officer and Corpora