Seagate Technology Holdings plc, an Irish public limited company (commonly referred to as Seagate) is an American data storage company.
| Revenue (TTM) | $11.01B |
| Gross Profit (TTM) | $4.58B |
| EBITDA | $3.51B |
| Operating Margin | 35.70% |
| Return on Equity | 17.90% |
| Return on Assets | 24.70% |
| Revenue/Share (TTM) | $50.85 |
| Book Value | $4.88 |
| Price-to-Book | 179.40 |
| Price-to-Sales (TTM) | 17.01 |
| EV/Revenue | 18.12 |
| EV/EBITDA | 61.59 |
| Quarterly Earnings Growth (YoY) | 108.30% |
| Quarterly Revenue Growth (YoY) | 44.10% |
| Shares Outstanding | $226.25M |
| Float | $223.56M |
| % Insiders | 0.24% |
| % Institutions | 88.25% |
Volatility is currently expanding
The AI boom has reshaped the technology landscape, creating massive demand not only for GPUs and cloud infrastructure but also for data storage solutions. As enterprises generate and retain unprecedented amounts of AI training and inference data, storage has become a critical piece of the AI value chain.
Memory and storage stocks are rebounding sharply Thursday morning, reversing a bruising start to the week.
Few stocks have run as hard as this one. Seagate Technology (NASDAQ:STX | STX Price Prediction) is up 485.78% over the past year and 216.08% year to date, riding a hyperscaler storage cycle that has turned a legacy hard drive maker into one of the loudest AI infrastructure trades in the market.
MU, STX and SNX screened as top momentum stocks, combining strong price trends, earnings surprises and growth expectations for July.
Seagate (STX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Launched on May 8, 2007, the First Trust Large Cap Growth AlphaDEX ETF (FTC) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.
Recent intraday volatility wiped $137 billion across top memory equities, triggering premature retail investor panic over an impending artificial intelligence (AI) hardware supply glut. The brutal sell-off hit the semiconductor sector after an extended run, prompting many market participants to question whether the memory boom had stretched too far and too fast.
Amid supply-chain woes, Computer - Integrated Systems players like MU, STX, HPE and AGYS benefit from the demand for integrated solutions and multi-cloud model adoption.
July growth picks include MU, STX, DELL, PLTR and CIEN as easing inflation fears and AI demand shape the market outlook.
Seagate (STX) could produce exceptional returns because of its solid growth attributes.
