Seagate Technology Holdings plc (STX)

IE — Technology Sector
Peers: NTAP  DELL  PSTG  HPQ  WDC  CRSR  NNDM  SMCI  ANET 

Automate Your Wheel Strategy on STX

With Tiblio's Option Bot, you can configure your own wheel strategy including STX - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol STX
  • Rev/Share 40.283
  • Book/Share -3.9104
  • PB -30.2119
  • Debt/Equity -6.2075
  • CurrentRatio 1.3607
  • ROIC 0.3037

 

  • MktCap 25071316380.0
  • FreeCF/Share 3.6462
  • PFCF 32.4338
  • PE 16.7642
  • Debt/Assets 0.6803
  • DivYield 0.024
  • ROE -1.2718

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 3
  • DCF Score 2
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated STX BofA Securities -- Buy $125 $135 May 28, 2025
Upgrade STX BNP Paribas Exane Underperform Neutral -- $100 May 16, 2025
Upgrade STX Summit Insights Hold Buy -- -- Jan. 22, 2025
Upgrade STX The Benchmark Company Hold Buy -- $120 Jan. 22, 2025
Reiterated STX Morgan Stanley -- Overweight $133 $129 Jan. 21, 2025

News

Why Is Seagate (STX) Up 28.9% Since Last Earnings Report?
STX
Published: May 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Seagate (STX) reported earnings 30 days ago. What's next for the stock?

Read More
image for news Why Is Seagate (STX) Up 28.9% Since Last Earnings Report?
Seagate: It's HAMR Time
STX
Published: May 26, 2025 by: Seeking Alpha
Sentiment: Positive

Seagate's HAMR transition will dramatically expand gross margins and catalyze market share gains, driving outsize growth. Seagate is years ahead of Western Digital on HAMR, and this lead will persist for years. The AI and data center boom ensures robust demand for high-capacity HDDs, with Seagate's products remaining the low-cost storage solution.

Read More
image for news Seagate: It's HAMR Time
Seagate Highlights Strategy to Build Long-Term Value in Today's Data-driven World at 2025 Investor and Analyst Event
STX
Published: May 22, 2025 by: Business Wire
Sentiment: Neutral

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, today hosted its 2025 Investor and Analyst Event and outlined the Company's clear strategy to capture growth opportunities ahead, drive profitability and build long-term value for customers and shareholders. “Technology innovation and AI are fueling exponential data growth and driving demand for the hard drive storage industry. Seagate today is uniquely positioned.

Read More
image for news Seagate Highlights Strategy to Build Long-Term Value in Today's Data-driven World at 2025 Investor and Analyst Event
5 Technology Stocks Powering S&P 500 ETF
ANET, MCHP, MU, PLTR, STX
Published: May 15, 2025 by: Zacks Investment Research
Sentiment: Positive

The S&P 500 returns to positive territory in 2025, driven by tech stocks. We highlight five tech stocks leading the rally in the ETF.

Read More
image for news 5 Technology Stocks Powering S&P 500 ETF
Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand
STX
Published: May 07, 2025 by: CNBC
Sentiment: Positive

BS Teh, Seagate's chief commercial officer, told CNBC that the company is aiming to launch a 100-terabyte hard drive by 2030. The largest hard disk drive Seagate currently produces is the 36-terabyte Exos M model, which it launched in January.

Read More
image for news Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand
Seagate: With Minimal Tariff Impact, Full Steam Ahead
STX
Published: April 30, 2025 by: Seeking Alpha
Sentiment: Positive

Seagate's strong Q3 earnings and minimal tariff impact have driven a 10% post-earnings stock surge, recouping all YTD losses and pushing shares up for the year. The company benefits from robust AI-driven datacenter demand, leading to significant y/y growth and larger storage module shipments. Seagate's fiscal Q4 outlook calls for 20-30% y/y growth and a possible improvement in margin, surpassing Wall Street's 16% y/y expectations and reducing uncertainty around tariff impacts.

Read More
image for news Seagate: With Minimal Tariff Impact, Full Steam Ahead
Seagate Technology Stock Rises. The Company Says Tariffs Are No Problem.
STX
Published: April 30, 2025 by: Barrons
Sentiment: Positive

The data-storage company says it expects demand for hard disk drives to remain strong throughout the year.

Read More
image for news Seagate Technology Stock Rises. The Company Says Tariffs Are No Problem.
Seagate's Q3 Earnings Beat on Solid Revenue Growth, Shares Jump
STX
Published: April 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Fueled by increased nearline cloud demand, STX's fiscal Q3 2025 top line grows 31% year over year. Enhanced margins positively impact the bottom line.

Read More
image for news Seagate's Q3 Earnings Beat on Solid Revenue Growth, Shares Jump
Seagate Gears Up to Report Q3 Earnings: Here's What to Expect
STX
Published: April 25, 2025 by: Zacks Investment Research
Sentiment: Positive

STX's fiscal third-quarter performance is likely to have gained from incremental improvements in mass capacity demand driven by nearline cloud products.

Read More
image for news Seagate Gears Up to Report Q3 Earnings: Here's What to Expect
Seagate Technology Q3 Preview: Tariff Uncertainty Keeps Me Hesitant For Now
STX
Published: April 14, 2025 by: Seeking Alpha
Sentiment: Negative

Seagate Technology Holdings plc is expected to report $1.75 adjusted EPS on $2.14B sales, with 29% y/y growth but an 8% sequential decline. Key focus areas include HDD demand driven by AI advancements and cloud providers' capex, with potential impacts from tariff uncertainties. Seagate's HAMR technology and operational efficiencies are promising, but tariff implications could affect costs and growth outlook.

Read More
image for news Seagate Technology Q3 Preview: Tariff Uncertainty Keeps Me Hesitant For Now
7 tech stocks to consider buying now, after the Nasdaq's slump
ASML, AVGO, MRVL, SE, SPOT, STX, TSM
Published: April 14, 2025 by: Market Watch
Sentiment: Positive

Tech is one of the best places to look for bargain-priced stocks now, because the sector has been hit so hard. The worst of the tariff storm could be behind us.

Read More
image for news 7 tech stocks to consider buying now, after the Nasdaq's slump
Will Seagate (STX) Beat Estimates Again in Its Next Earnings Report?
STX
Published: April 03, 2025 by: Zacks Investment Research
Sentiment: Positive

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.

Read More
image for news Will Seagate (STX) Beat Estimates Again in Its Next Earnings Report?
Druckenmiller Was Early on Nvidia and Said AI Is Under-hyped Long Term. See What He Owns Today.
STX
Published: March 12, 2025 by: 24/7 Wall Street
Sentiment: Neutral

It's hard to even think about being a buyer of stocks at a time like this. Indeed, whenever a large daily dip is followed by another one, it seems like a good idea to hit that sell button before more of the same wipes out more of one's portfolio.

Read More
image for news Druckenmiller Was Early on Nvidia and Said AI Is Under-hyped Long Term. See What He Owns Today.
These 3 Q1 Earnings Winners Will Go Higher
APH, MU, STX
Published: March 10, 2025 by: MarketBeat
Sentiment: Neutral

Emerging from the first earnings season of 2025, a picture of a cooling market has become increasingly clear. Companies across sectors signaled caution in their forward guidance, with 59% of S&P 500 companies issuing negative earnings per share (EPS) guidance for the current year as of March 7, 2025.

Read More
image for news These 3 Q1 Earnings Winners Will Go Higher
Seagate Inks Deal to Acquire Intevac in $119 Million All-Cash Deal
STX
Published: February 14, 2025 by: Zacks Investment Research
Sentiment: Positive

STX will buy Intevac for $4.00 per share in an all-cash transaction. The buyout is expected to close by late March or early April 2025.

Read More
image for news Seagate Inks Deal to Acquire Intevac in $119 Million All-Cash Deal
Seagate Stock Trades at a Discount: Buy, Sell or Hold?
STX
Published: February 13, 2025 by: Zacks Investment Research
Sentiment: Neutral

Seagate Technology Holdings plc STX is trading comparatively cheap from a valuation standpoint. STX is currently trading at a forward 12-month price-to-sales ratio of 2.05X, a discount compared with the Zacks Computer & Technology sector's 6.53X and the Zacks Computer – Integrated Systems industry's 3.27X.

Read More
image for news Seagate Stock Trades at a Discount: Buy, Sell or Hold?
Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M
IVAC, STX
Published: February 13, 2025 by: TechCrunch
Sentiment: Positive

Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million.

Read More
image for news Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M
Seagate: The AI Stock We Should Be Talking More About
STX
Published: February 13, 2025 by: Seeking Alpha
Sentiment: Positive

Seagate's HDD drives are essential for AI models, offering low-cost, high-capacity storage solutions, making it a strong investment opportunity. Seagate's Q2 revenue surged 50% y/y, driven by robust enterprise demand and GenAI applications, with continued growth expected in Q3. Seagate's operating margins and cash flow have significantly improved, reducing debt and enhancing profitability, underscoring its financial health.

Read More
image for news Seagate: The AI Stock We Should Be Talking More About

About Seagate Technology Holdings plc (STX)

  • IPO Date 2002-12-11
  • Website https://www.seagate.com
  • Industry Computer Hardware
  • CEO Dr. William David Mosley Ph.D.
  • Employees 30000

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expansion product lines, as well as under the LaCie brand name; desktop drives; notebook drives, DVR HDDs, and gaming SSDs. In addition, it provides Lyve edge-to-cloud mass capacity platform. The company sells its products primarily to OEMs, distributors, and retailers. Seagate Technology Holdings plc was founded in 1978 and is based in Dublin, Ireland.