STXNASDAQ— Seagate Technology PLC Price & Analysis

Seagate Technology PLC

TECHNOLOGY — COMPUTER HARDWARE

$858.79

+$55.66+6.93%

Market Cap: $182.63B; Large Cap
P/E Ratio: 56.48; Fwd: 21.93
EPS (TTM): $14.22
Div. Yield: 0.38%

Technical Summary

RSI (14)52.85Neutral

SMA (50)$843.33Bullish

SMA (200)$618.77Bullish

MACD-9.8398Bearish

Bollinger$763.92 – $895.72Mid

Stochastic33.92Neutral

Theo Outlook

Seagate Technology (STX) presents a bullish thesis with a trailing P/E of 57.79, forward P/E of 22.47, market cap of $195.28B, TTM revenue of $12.195B, and EPS of $14.86. Quarterly revenue growth of 48.5% and earnings growth of 148.8% signal strong momentum in data storage demand. High beta of 2.087 reflects volatility but supports upside in a recovering tech cycle.

Key catalysts include AI-driven data center expansion, new product launches in high-capacity HDDs, and market growth in cloud storage. Earnings momentum is evident from the latest quarter ending June 2026, with gross profit at $5.558B and operating margin of 43.1%. Analyst ratings show 4 strong buy and 18 buy recommendations with a target price of $1,125.

Risks include intense competition from Western Digital and Samsung, regulatory scrutiny on supply chains, and macro headwinds from high interest rates impacting capex. Mitigations involve Seagate's 84.28 price-to-book ratio indicating asset strength, diversified revenue from enterprise and consumer segments, and a low 0.37% dividend yield supporting reinvestment. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Analysis generated by HeyTheo AI on Sep 19, 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: 2.09
52-Wk High: $1,144.20
52-Wk Low: $207.94
Avg Volume: 6.61M
PEG Ratio: 0.45

Frequently Asked Questions

What is Seagate Technology's business model?

Seagate designs and manufactures hard disk drives and storage solutions for data centers, PCs, and consumer devices. It generates revenue primarily from enterprise HDD sales, with TTM revenue of $12.195B and gross profit of $5.558B.

What are Seagate's main revenue sources?

Revenue comes from enterprise storage (majority), client computing, and consumer electronics. TTM revenue reached $12.195B with 48.5% quarterly growth, driven by data storage demand.

What competitive advantages does Seagate hold?

Seagate benefits from high-capacity HDD technology leadership, scale with $195.28B market cap, and 43.1% operating margin. Its 2.087 beta and 84.28 price-to-book ratio reflect strong positioning versus competitors.

What are the key risks for STX investors?

Risks include competition, supply chain regulations, and macro slowdowns. The 57.79 trailing P/E and 2.087 beta highlight volatility, though mitigated by 148.8% earnings growth and diversified storage portfolio.

What is the growth outlook for Seagate?

Growth outlook is positive with 48.5% revenue growth, forward P/E of 22.47, and analyst target of $1,125. AI and cloud expansion support EPS of $14.86 and next earnings momentum post June 2026 quarter.