Noor Ul Ain Rehman
1 min read
In This Article:
Seagate Technology Holdings plc (NASDAQ:STX) is one of the 10 Hot Large Cap Stocks to Buy Now. In a report released on June 9, Ananda Baruah from Loop Capital Markets maintained a Buy rating on Seagate Technology Holdings plc (NASDAQ:STX) with a price target of $200.00.
The company’s fiscal Q3 2025 results showed profitable year-over-year growth and margin expansion, with revenue of $2.16 billion. GAAP diluted EPS for the quarter reached $1.57, while non-GAAP diluted EPS was $1.90.
A technician configuring a network-attached storage drive.
Seagate Technology Holdings plc (NASDAQ:STX) reduced outstanding debt by $536 million in the quarter, with cash and cash equivalents totaling $814 million by quarter end. It generated $259 million in cash flow from operations and returned $152 million of capital to shareholders through its quarterly dividend. Seagate Technology Holdings plc (NASDAQ:STX) also declared a cash dividend of $0.72 per share.
Seagate Technology Holdings plc (NASDAQ:STX) is a holding company that develops, produces, and distributes electronic data storage solutions and data storage products. Its offerings include solid-state hybrid drives, hard disk drives, solid-state drives, serial advanced technology attachment controllers, peripheral component interconnect express cards, and storage subsystems and computing solutions.
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Disclosure: None.
