The latest announcement is out from Seagate Tech ( (STX) ).
On April 29, 2025, Seagate Technology announced its fiscal third quarter 2025 financial results, reporting a revenue of $2.16 billion and a non-GAAP diluted EPS of $1.90. The company declared a quarterly cash dividend of $0.72 per share, payable on July 8, 2025. Seagate’s performance reflects profitable growth and margin expansion, attributed to structural enhancements in its business model and a healthy supply/demand environment for mass capacity storage. The company remains focused on executing its HAMR product ramp to meet cloud customer demand, despite navigating a dynamic macroeconomic environment.
Spark’s Take on STX Stock
According to Spark, TipRanks’ AI Analyst, STX is a Neutral.
Seagate Technology’s overall score reflects a balance between strong cash flow and improving profitability against the backdrop of balance sheet concerns. Technical indicators suggest caution with a bearish trend. Valuation metrics are attractive, providing a potential entry point for value investors. The recent earnings call and corporate events show positive future growth prospects, despite supply constraints.
To see Spark’s full report on STX stock, click here.
More about Seagate Tech
Seagate Technology is a leading innovator in the mass-capacity data storage industry. The company offers a comprehensive range of storage devices, systems, and services, from edge to cloud solutions, and has shipped over four billion terabytes of data capacity.
YTD Price Performance: -4.03%
Average Trading Volume: 3,704,069
Technical Sentiment Signal: Buy
Current Market Cap: $17.39B
For detailed information about STX stock, go to TipRanks’ Stock Analysis page.