Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Seagate Technology Holdings PLC before investing.

In this article, we go over a few key elements for understanding Seagate Technology Holdings PLC’s stock price such as:

• Seagate Technology Holdings PLC’s current stock price and volume
• Why Seagate Technology Holdings PLC’s stock price changed recently
• Upgrades and downgrades for STX from analysts
• STX’s stock price momentum as measured by its relative strength

About Seagate Technology Holdings PLC (STX)

Before we jump into Seagate Technology Holdings PLC’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Seagate Technology Holdings plc provides mass-data storage infrastructure solution. The Company’s principal products are hard disk drives, commonly referred to as disk drives, hard drives (HDDs). In addition to HDDs, the Company produces a range of data storage products, including solid state drives (SSDs), solid state hybrid drives, storage subsystems, as well as a scalable edge-to-cloud mass data platform. Its HDD products are designed for mass capacity storage and legacy markets. Mass capacity storage involves use cases, such as hyperscale data centers and public clouds, as well as emerging use cases. The Company’s HDD and SSD product portfolio includes Serial Advanced Technology Attachment, Serial Attached SCSI and Non-Volatile Memory Express based designs to support a variety of mass capacity and legacy applications. Its systems portfolio includes storage subsystems for enterprises, cloud service providers, scale-out storage servers and original equipment manufacturers.

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Seagate Technology Holdings PLC’s Stock Price as of Market Close

As of July 24, 2024, 4:00 PM, CST, Seagate Technology Holdings PLC’s stock price was $109.53.

Seagate Technology Holdings PLC is up 4.02% from its previous closing price of $105.30.

During the last market session, Seagate Technology Holdings PLC’s stock traded between $104.50 and $106.59. Currently, there are 210.00 million shares of Seagate Technology Holdings PLC stock available for purchase.

Unfortunately, Seagate Technology Holdings PLC’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Seagate Technology Holdings PLC Stock Price History

Seagate Technology Holdings PLC’s (STX) price is currently up 6.06% so far this month.

During the month of July, Seagate Technology Holdings PLC’s stock price has reached a high of $113.57 and a low of $101.07.

Over the last year, Seagate Technology Holdings PLC has hit prices as high as $109.63 and as low as $57.32. Year to date, Seagate Technology Holdings PLC’s stock is up 108.19%.

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What Caused Seagate Technology Holdings PLC Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 23, 2024, there were 0 analysts who downgraded Seagate Technology Holdings PLC’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Seagate Technology Holdings PLC’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Seagate Technology Holdings PLC’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Seagate Technology Holdings PLC’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Seagate Technology Holdings PLC (STX) by visiting AAII Stock Evaluator.

Relative Price Strength of Seagate Technology Holdings PLC

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 23, 2024, Seagate Technology Holdings PLC has a weighted four-quarter relative price strength of 10.54%, which translates to a Momentum Score of 88 and is considered to be Very Strong.

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Seagate Technology Holdings PLC Stock Price: Bottom Line

As of July 24, 2024, Seagate Technology Holdings PLC’s stock price is $109.53, which is up 4.02% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Seagate Technology Holdings PLC stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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