Seagate Technology traded at $719.69 this Monday May 18th, decreasing $75.94 or 9.54 percent since the previous trading session. Looking back, over the last four weeks, Seagate Technology lost 33.35 percent. Over the last 12 months, its price rose by 559.72 percent. Looking ahead, we forecast Seagate Technology to be priced at 771.88 by the end of this quarter and at 704.25 in one year, according to Trading Economics global macro models projections and analysts expectations.
Seagate Technology public limited company is a provider of electronic data storage technology and solutions. The Company's principal products are hard disk drives (HDDs). In addition to HDDs, it produces a range of electronic data storage products, including solid state hybrid drives, solid state drives, peripheral component interconnect express (PCIe) cards and serial advanced technology architecture (SATA) controllers. Its storage technology portfolio also includes storage subsystems and high performance computing solutions. Its products are designed for applications in enterprise servers and storage systems, client compute applications and client non-compute applications. It designs, fabricates and assembles various components found in its disk drives, including read/write heads and recording media. Its design and manufacturing operations are based on technology platforms that are used to produce various disk drive products that serve multiple data storage applications and markets.