Seagate Technology Overview

  • Year Founded
  • 1978

Year Founded

  • Status
  • Public

  • Employees
  • 33,400

Employees

  • Stock Symbol
  • STX

Stock Symbol

  • Investments
  • 29

  • Share Price
  • $95.27
  • (As of Friday Closing)

Seagate Technology General Information

Description

Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

Contact Information

Website
www.seagate.com
Formerly Known As
Shugart Technology, Seagate Technology Holdings, Seagate Technology Plc
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Storage (IT)
Other Industries
Other Hardware
Stock Exchange
NAS
Corporate Office
  • 47488 Kato Road
  • Fremont, CA 94538
  • United States

Seagate Technology Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Seagate Technology Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$95.27 $98.24 $57.06 - $101.26 $20B 210M 2.85M -$1.29

Seagate Technology Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 30-Jun-2023 FY 2022 30-Jun-2022 FY 2021 30-Jun-2021
EV 24,376,973 18,004,186 19,854,453 24,054,835
Revenue 6,266,000 7,384,000 11,661,000 10,681,000
EBITDA 447,000 320,000 2,377,000 1,963,000
Net Income (270,000) (529,000) 1,649,000 1,314,000
Total Assets 7,096,000 7,556,000 8,944,000 8,675,000
Total Debt 5,671,000 5,835,000 5,696,000 5,193,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Seagate Technology Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Seagate Technology Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a pr
Storage (IT)
Fremont, CA
33,400 As of 2023
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Boise, ID
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San Jose, CA
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Seagate Technology Competitors (7)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Micron Technology Private Debt Financed Boise, ID 00000 000.00 000000000 00 000.00
Western Digital Technologies Corporation San Jose, CA 00000 000.00 000000000 000.00
Lenovo Corporation Hong Kong, Hong Kong 00000 00.00 000000000 00 00.00
Quantum (California) Formerly VC-backed San Jose, CA 000 00.000 000000000 00 00.000
HP Development Company (HP) Corporation Palo Alto, CA 00000 000.00 00000000000 000.00
You’re viewing 5 of 7 competitors. Get the full list »

Seagate Technology Patents

Seagate Technology Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240069798-A1 Security-enhanced data storage device for aerospace applications Pending 31-Oct-2022 0000000000
US-11929761-B1 Low latency decoder Active 07-Oct-2022 00000000000 00
US-20240112711-A1 Movable magnetic particle memory device Pending 03-Oct-2022 0000000000
US-20240110901-A1 Systems, methods, and devices for monitoring a gaseous oxidizing agent in a data storage device, and related systems, methods, and devices Pending 30-Sep-2022 00000000000
US-20240087598-A1 Fast partial erasure for drive sanitization Pending 14-Sep-2022 G11B5/2654 0
To view Seagate Technology’s complete patent history, request access »

Seagate Technology Executive Team (51)

Name Title Board Seat Contact Info
William Mosley Ph.D Chief Executive Officer & Board Member
Gianluca Romano Chief Financial Officer & Executive Vice President
John Morris Ph.D Chief Technology Officer, Technology & Senior Vice President
Atiya Bilqees Chief Marketing Officer
Patricia Frost Chief People and Places Officer & Senior Vice President
You’re viewing 5 of 51 executive team members. Get the full list »

Seagate Technology Board Members (22)

Name Representing Role Since
Dylan Haggart Self Board Member 000 0000
Jay Geldmacher Self Board Member 000 0000
Judy Bruner Self Board Member 000 0000
Michael Cannon Self Chairman of the Board & Compensation Committee & Nominating & Corporate Governance Committee Member 000 0000
Richard Clemmer Self Board Member 000 0000
You’re viewing 5 of 22 board members. Get the full list »

Seagate Technology Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Seagate Technology Investments & Acquisitions (29)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Kando 01-Sep-2020 00000 0000 Environmental Services (B2B)
Terradepth 01-Oct-2018 0000 00000 000 Media and Information Services (B2B)
KIOXIA 01-Jun-2018 0000000000 0000 Storage (IT)
SunRise Memory 01-Jun-2017 00000 0000 000.00 Production (Semiconductors)
Dot Hill Systems 06-Oct-2015 Merger/Acquisition 00000 Storage (IT)
You’re viewing 5 of 29 investments and acquisitions. Get the full list »

Seagate Technology Subsidiaries (3)

Company Name Industry Location Founded
Seagate Venture Fund Corporate Venture Capital Cupertino, CA 1999
LaCie Computers, Parts and Peripherals Singapore, Singapore 0000
Seagate 401(k) Plan Corporate Pension Fremont, CA 0000
To view Seagate Technology’s complete subsidiaries history, request access »

Seagate Technology ESG

Risk Overview

Risk Rating

Updated April, 27, 2024

12.45 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

0.0

Percentile

Technology Hardware

Industry

00 of 678

Rank

00.00

Percentile

Technology Hardware

Subindustry

0. of 122

Rank

0.00

Percentile

To view Seagate Technology’s complete esg history, request access »

Seagate Technology Exits (8)

Company Name Exit Date Exit Type Exit Size Status Buyers
Virident Systems 28-Jan-2013 00000 00000 00 0000 Completed
  • 0000000 0000000000
DensBits Technologies 25-Jun-2012 00000 00000 00 Completed
  • 0000000 0000000000
EVault 12-Dec-2006 000000000000000000 00000 Completed
  • 0000000 0000000000
Conxion 03-Oct-2000 00000 00000 00 0000 Completed
  • 3 buyers
CacheVision 11-Jul-2000 Joint Venture Completed
  • 2 buyers
You’re viewing 5 of 8 exits. Get the full list »

Seagate Technology FAQs

  • When was Seagate Technology founded?

    Seagate Technology was founded in 1978.

  • Who is the founder of Seagate Technology?

    Syed Iftikar, Doug Mahon, Tom Mitchell, and Finis Conner are the founders of Seagate Technology.

  • Who is the CEO of Seagate Technology?

    William Mosley Ph.D is the CEO of Seagate Technology.

  • Where is Seagate Technology headquartered?

    Seagate Technology is headquartered in Fremont, CA.

  • What is the size of Seagate Technology?

    Seagate Technology has 33,400 total employees.

  • What industry is Seagate Technology in?

    Seagate Technology’s primary industry is Storage (IT).

  • Is Seagate Technology a private or public company?

    Seagate Technology is a Public company.

  • What is Seagate Technology’s stock symbol?

    The ticker symbol for Seagate Technology is STX.

  • What is the current stock price of Seagate Technology?

    As of 17-May-2024 the stock price of Seagate Technology is $95.27.

  • What is the current market cap of Seagate Technology?

    The current market capitalization of Seagate Technology is $20B.

  • What is Seagate Technology’s current revenue?

    The trailing twelve month revenue for Seagate Technology is $6.27B.

  • Who are Seagate Technology’s competitors?

    Micron Technology, Western Digital Technologies, Lenovo, Quantum (California), and HP Development Company (HP) are some of the 7 competitors of Seagate Technology.

  • What is Seagate Technology’s annual earnings per share (EPS)?

    Seagate Technology’s EPS for 12 months was -$1.29.

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