Seagate Technology (STX)
NASDAQ:STX
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STX Stock Chart & Stats
$547.75
-$1.02(-1.14%)
At close: 4:00 PM EST
$547.75
-$1.02(-1.14%)
Day’s Range― - ―
52-Week Range$130.92 - $1,145.00
Previous CloseN/A
Volume1.52M
Average Volume (3M)3.78M
Market Cap
$239.98B
Enterprise Value$242.08B
Total Cash (Recent Filing)$1.15B
Total Debt (Recent Filing)$4.18B
Price to Earnings (P/E)99.5
Beta2.09
Next Earnings
Jul 16, 2026EPS Estimate
5.08Next Dividend Ex-DateN/A
Dividend Yield1.02%
Share Statistics
EPS (TTM)11.01
Shares Outstanding224,228,990
10 Day Avg. Volume4,318,708
30 Day Avg. Volume3,781,530
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)-66.19
Price to Sales (P/S)3.30
P/FCF Ratio36.66
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue21.99
Enterprise Value/Gross Profit52.92
Enterprise Value/Ebitda71.68
Forecast
1Y Price Target
$885.29Price Target Upside61.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering18
EPS Forecast (FY)14.9
Revenue Forecast (FY)$12.04B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash Flow GenerationSustained high free cash flow provides durable financial flexibility: it funds low cyclical capex (4–6% of revenue), supports debt reduction, dividends and buybacks, and cushions the business through HDD industry cycles, improving long-term capital allocation optionality.
Material Margin Recovery And ProfitabilitySignificant margin expansion reflects better product mix (higher-capacity HAMR drives) and operational leverage. Higher sustainable margins increase cash conversion and resilience to pricing cycles, enabling reinvestment in R&D and further product leadership across data-center workloads.
HAMR Product Leadership And Strong Data-center DemandProgress on HAMR (Mozaic 4 revenue shipments and Mozaic 5 roadmap) combined with rising exabyte shipments to hyperscalers creates a durable competitive edge in high-capacity nearline storage, locking Seagate into structural AI/cloud-driven capacity growth over coming years.
Bears Say
High Customer Concentration In CloudDependence on a handful of hyperscalers concentrates revenue and bargaining power, linking Seagate’s performance closely to large customers' capex cycles and procurement priorities. This amplifies demand volatility and negotiation risk over the medium term.
Elevated Balance-sheet Leverage HistoryA recent history of negative equity and high leverage leaves financial flexibility constrained despite debt reduction. In a cyclical downturn, servicing obligations and funding strategic investments could be strained, limiting downside protection and strategic optionality.
Remaining HAMR Qualifications And Capacity LimitsDelays in customer qualifications or constrained manufacturing capacity could slow revenue realization from HAMR rollouts and prevent redirecting supply to expanding markets. That risks lost sales windows, slower diversification, and gives competitors time to close technical or supply gaps.
Seagate Tech News
STX FAQ
What was Seagate Technology’s price range in the past 12 months?
Seagate Technology lowest stock price was $130.92 and its highest was $1145.00 in the past 12 months.
What is Seagate Technology’s market cap?
Seagate Technology’s market cap is $239.98B.
When is Seagate Technology’s upcoming earnings report date?
Seagate Technology’s upcoming earnings report date is Jul 16, 2026 which is in 23 days.
How were Seagate Technology’s earnings last quarter?
Seagate Technology released its earnings results on Apr 28, 2026. The company reported $4.1 earnings per share for the quarter, beating the consensus estimate of $3.515 by $0.585.
Is Seagate Technology overvalued?
According to Wall Street analysts Seagate Technology’s price is currently Undervalued.
Does Seagate Technology pay dividends?
Seagate Technology pays a Quarterly dividend of $0.74 which represents an annual dividend yield of 1.02%. See more information on Seagate Technology dividends here
What is Seagate Technology’s EPS estimate?
Seagate Technology’s EPS estimate is 5.08.
How many shares outstanding does Seagate Technology have?
Seagate Technology has 224,228,990 shares outstanding.
What happened to Seagate Technology’s price movement after its last earnings report?
Seagate Technology reported an EPS of $4.1 in its last earnings report, beating expectations of $3.515. Following the earnings report the stock price went up 11.1%.
Which hedge fund is a major shareholder of Seagate Technology?
Currently, no hedge funds are holding shares in STX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Seagate Tech Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
$885.29 (61.62% Upside)
$885.29 (61.62% Upside)
Blogger Sentiment
Bullish
STX Sentiment 89%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 261.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $110.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 8.2%
Last 30 Days ▲ 8.2%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
725.61%
12-Months-Change
Fundamentals
Return on Equity
916.38%
Trailing 12-Months
Asset Growth
17.56%
Trailing 12-Months
Company Description
Seagate Technology
Seagate Technology Holdings plc, headquartered in Dublin, Ireland, is a global provider of advanced data storage technology and solutions, with operations spanning Singapore, the United States, the Netherlands, and other international regions. The company's extensive product portfolio encompasses a wide array of mass capacity storage offerings. These include enterprise-grade nearline hard disk drives (HDDs), solid-state drives (SSDs), and complete enterprise nearline systems, alongside specialized HDDs for video and imaging, and network-attached storage (NAS) drives. Beyond these, Seagate also supports legacy systems with Mission Critical HDDs and SSDs. Its consumer-focused segment features external storage devices sold under popular lines such as Seagate Ultra Touch, One Touch, and Expansion, as well as the premium LaCie brand. The company's product range further extends to internal desktop and notebook drives, HDDs for digital video recorders (DVRs), and high-performance gaming SSDs. Moreover, Seagate delivers the Lyve edge-to-cloud platform, an innovative solution designed for managing and transferring vast amounts of data. Its clientele primarily consists of original equipment manufacturers (OEMs), distributors, and retailers. Established in 1978, Seagate Technology Holdings plc continues to be a leader in the data storage industry.
STX Company Deck
STX Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial wins: substantial revenue growth (44% YoY), record margins, very high free cash flow, accelerating HAMR product momentum (Mozaic 4 revenue shipments and roadmap to 50 TB), improved leverage and an investment-grade rating. Challenges highlighted were largely manageable: remaining HAMR customer qualifications, capacity constraints that prioritize cloud demand (limiting short-term ability to serve lower-capacity markets), residual debt and concentration of revenue in cloud customers. On balance, the positives (robust top-line growth, margin expansion, cash generation and clear product roadmap) outweigh the lowlights.View all STX earnings summariesSTX Revenue Breakdown
80.05% OEMs
11.65% Distributors
8.30% Retailers
STX Stock 12 Month Forecast
Average Price Target
$885.29
▲(61.62% Upside)
Technical Analysis
Ownership Overview
0.23% Insiders
29.60% Mutual Funds
21.69% Other Institutional Investors
18.65% Public Companies and Individual Investors