STXNASDAQ— Seagate Technology PLC Price & Analysis

Seagate Technology PLC

TECHNOLOGY — COMPUTER HARDWARE

$849.28

+$50.67+6.34%

Market Cap: $181.00B; Large Cap
P/E Ratio: 58.12; Fwd: 22.83
EPS (TTM): $13.74
Div. Yield: 0.36%

Technical Summary

RSI (14)50.64Neutral

SMA (50)$853.52Bearish

SMA (200)$592.81Bullish

MACD-10.7444Bearish

Bollinger$745.12 – $961.57Mid

Stochastic23.92Neutral

Theo Outlook

Seagate Technology (STX) presents a bullish thesis with a trailing P/E of 60.97, market capitalization of $192.5 billion, TTM revenue of $12.2 billion showing 48.5% year-over-year quarterly growth, and EPS of $13.93. Strong profitability metrics including 26.1% profit margin and 37.1% return on equity support continued momentum in data storage demand. Forward P/E of 22.32 suggests valuation compression potential as earnings scale. Key catalysts include robust earnings momentum with 148.8% quarterly EPS growth, analyst consensus leaning heavily toward Strong Buy (4) and Buy (18) ratings with a $1,125 target price, and expansion in high-capacity HDD and SSD solutions amid AI-driven data center growth. Recent product launches in enterprise storage and market expansion into cloud infrastructure position Seagate for sustained revenue acceleration. Risks encompass intense competition from Western Digital and Samsung in hardware storage, macroeconomic headwinds from supply chain disruptions and interest rate sensitivity, plus regulatory scrutiny on data security. Mitigations include Seagate's 85.4% institutional ownership providing stability, diversified revenue across consumer and enterprise segments, and ongoing R&D investment to maintain technological edge. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Analysis generated by HeyTheo AI on Sep 7, 2026.

Company Overview

Seagate Technology Holdings plc, an Irish public limited company (commonly referred to as Seagate) is an American data storage company.

Fundamental Snapshot

Revenue: $12.20B
EBITDA: $4.50B
Gross Profit: $5.56B
Operating Margin: 43.1%
Profit Margin: 26.1%
ROE: 37.1%
Book Value: $9.55
Beta: 2.1
52-Wk High: $1,144.20
52-Wk Low: $185.65
Avg Volume: 2.54M
PEG Ratio: 0.47

Frequently Asked Questions

What is Seagate Technology's business model?

Seagate designs, manufactures, and sells data storage solutions including hard disk drives and solid-state drives for consumer, enterprise, and cloud markets. It generates revenue primarily through hardware sales with TTM revenue of $12.2 billion and focuses on high-capacity storage for AI and data centers.

What are Seagate's main revenue sources?

Revenue comes from enterprise storage (majority), consumer electronics, and systems. TTM revenue reached $12.2 billion with 48.5% quarterly growth, driven by demand for HDDs and SSDs in data centers and personal computing.

What competitive advantages does Seagate hold?

Seagate benefits from scale with $192.5 billion market cap, 26.1% profit margin, and 37.1% ROE. Its 85.4% institutional ownership and strong analyst ratings (22 Buy/Strong Buy) reflect technological leadership in high-capacity storage amid AI growth.

What are the key risks for STX investors?

Risks include competition in storage hardware, macro headwinds affecting capex, and regulatory issues. Mitigated by diversified segments, 0.37% dividend yield, and upcoming ex-dividend date of September 24, 2026, with next dividend on October 7, 2026.

What is the growth outlook for Seagate?

Outlook is positive with 148.8% EPS growth, forward P/E of 22.32, and $1,125 analyst target. Latest quarter ended June 30, 2026, shows momentum from AI data demand, though P/E of 60.97 indicates premium valuation.