STX Stock Analysis: Seagate Technology | NASDAQ
Computer Hardware | NASDAQ, USA | Market Cap: 158.714m USD | 12M Return: 123.8% | IE00BKVD2N49 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.63B
Qual. Beats: 6
Rev. Trend: 98.9%
Qual. Beats: 5
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Seagate Technology Holdings plc (NASDAQ: STX) is a Singapore-based data storage company founded in 1978 that designs and sells hard disk drives (HDDs), solid-state drives (SSDs), and integrated storage systems for consumer, enterprise, and hyperscale customers. Its products serve a range of end markets including healthcare, media and entertainment, surveillance, and telecommunications, and are distributed primarily through OEMs, distributors, and retailers. The company operates internationally with significant presence in Singapore, the United States, and the Netherlands.
Seagate operates within the Technology Hardware, Storage & Peripherals sub-industry, a sector dominated by a small number of HDD manufacturers supplying the global data storage market. Demand for its products is closely tied to data center expansion and cloud computing growth, with hyperscale cloud providers representing an increasingly important customer segment alongside traditional OEM and channel sales.
- AI demand lifts mass capacity HDD shipments and pricing
- HAMR technology ramp expands drive capacity and margins
- Capital returns accelerate through buybacks and dividends
| Net Income: 4.40b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.40 > 0.02 and ΔFCF/TA 25.94 > 1.0 |
| NWC/Revenue: 17.60% < 20% (prev -0.89%; Δ 18.48% < -1%) |
| CFO/TA 0.47 > 3% & CFO 4.83b > Net Income 4.40b |
| Net Debt (2.60b) to EBITDA (5.58b): 0.47 < 3 |
| Current Ratio: 1.82 > 1.5 & < 3 |
| Outstanding Shares: last quarter (232.0m) vs 12m ago 2.65% < -2% |
| Gross Margin: 50.35% > 18% (prev 36.86%; Δ 13.49% > 0.5%) |
| Asset Turnover: 147.0% > 50% (prev 113.2%; Δ 33.83% > 0%) |
| Interest Coverage Ratio: 21.64 > 6 (EBIT TTM 5.30b / Interest Expense TTM 245.0m) |
| A: 0.24 (Total Current Assets 5.40b - Total Current Liabilities 2.97b) / Total Assets 10.3b |
| B: -0.57 (Retained Earnings -5.91b / Total Assets 10.3b) |
| C: 0.57 (EBIT TTM 5.30b / Avg Total Assets 9.38b) |
| D: 0.50 (Book Value of Equity 3.45b / Total Liabilities 6.87b) |
| Altman-Z'' = 4.00 = AA |
| DSRI: 1.05 (Receivables 1.82b/1.20b, Revenue 13.8b/9.56b) |
| GMI: 0.73 (GM 36.86% / 50.35%) |
| AQI: 0.83 (AQ_t 0.27 / AQ_t-1 0.32) |
| SGI: 1.44 (Revenue 13.8b / 9.56b) |
| TATA: -0.04 (NI 4.40b - CFO 4.83b) / TA 10.3b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of November 05, 2026, the stock is trading at USD 557.06 with a total of 6,759,420 shares traded. Over the past week, the price has changed by -20.19%, over one month by -37.20%, over three months by -34.05% and over the past year by +123.80%.
Current recommended Stop Loss: 487.60 (which is 12.5% or 1.4 ATR below the current price).
Seagate Technology has received a consensus analysts rating of 4.62. Therefore, it is recommended to buy STX.
- StrongBuy: 19
- Buy: 4
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 1035.7 | 85.9% |
P/E Trailing = 36.6004
P/E Forward = 18.6916
P/S = 13.0146
P/B = 43.9804
P/EG = 0.382
Revenue TTM = 13.8b USD
EBIT TTM = 5.30b USD
EBITDA TTM = 5.58b USD
Long Term Debt = 3.38b USD (from longTermDebt, last fiscal year)
Short Term Debt = 185.0m USD (from shortTermDebt, last fiscal year)
Debt = 3.86b USD (corrected: LT Debt 3.38b + ST Debt 185.0m) + Leases 293.0m
Net Debt = 2.60b USD (calculated: Debt 3.86b - CCE 1.26b)
Enterprise Value = 161b USD (159b + Debt 3.86b - CCE 1.26b)
Interest Coverage Ratio = 21.64 (Ebit TTM 5.30b / Interest Expense TTM 245.0m)
EV/FCF = 38.70x (Enterprise Value 161b / FCF TTM 4.17b)
FCF Yield = 2.58% (FCF TTM 4.17b / Enterprise Value 161b)
FCF Margin = 30.21% (FCF TTM 4.17b / Revenue TTM 13.8b)
Net Margin = 31.86% (Net Income TTM 4.40b / Revenue TTM 13.8b)
Gross Margin = 50.35% ((Revenue TTM 13.8b - Cost of Revenue TTM 6.85b) / Revenue TTM)
Gross Margin QoQ = 57.34% (prev 52.30%)
Tobins Q-Ratio = 15.62 (Enterprise Value 161b / Total Assets 10.3b)
Interest Expense / Debt = 6.35% (Interest Expense 245.0m / Debt 3.86b)
Taxrate = 13.09% (662.0m / 5.06b)
NOPAT = 4.61b (EBIT 5.30b * (1 - 13.09%))
Current Ratio = 1.82 (Total Current Assets 5.40b / Total Current Liabilities 2.97b)
Debt / Equity = 1.12 (Debt 3.86b / totalStockholderEquity, last quarter 3.45b)
Debt / EBITDA = 0.47 (Net Debt 2.60b / EBITDA 5.58b)
Debt / FCF = 0.62 (Net Debt 2.60b / FCF TTM 4.17b)
Total Stockholder Equity = 1.79b (last 4 quarters mean from totalStockholderEquity)
RoA = 46.85% (Net Income 4.40b / Total Assets 10.3b)
RoE = 245.1% (Net Income TTM 4.40b / Total Stockholder Equity 1.79b)
RoCE = 102.5% (EBIT 5.30b / Capital Employed (Equity 1.79b + L.T.Debt 3.38b))
RoIC = 67.25% (NOPAT 4.61b / Invested Capital 6.85b)
WACC = 14.91% (E(159b)/V(163b) * Re(15.14%) + D(3.86b)/V(163b) * Rd(6.35%) * (1-Tc(0.13)))
Discount Rate = 15.14% (= CAPM, Blume Beta Adj.) -> capped to 12.54%
Shares (quarterly) Correlation: 95.14 | Cagr: 3.44%
[DCF] Terminal Value 59.69% ; FCFF base≈2.99b ; Y1≈3.43b ; Y5≈5.04b
[DCF] Fair Price = 141.6 (EV 34.8b - Net Debt 2.60b = Equity 32.2b / Shares 227.4m; r=14.91% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.86 | # QB: 6
Revenue Correlation: 98.85 | Revenue CAGR: 32.59% | SUE: 1.55 | # QB: 5
EPS current Quarter (2026-12-31): EPS=9.25 | Chg30d=+10.08% | Revisions=+40% | Analysts=17
EPS next Quarter (2027-03-31): EPS=10.79 | Chg30d=+14.27% | Revisions=+40% | Analysts=17
EPS current Year (2027-06-30): EPS=40.31 | Chg30d=+12.35% | Revisions=+40% | GrowthEPS=+158.7% | GrowthRev=+66.1%
EPS next Year (2028-06-30): EPS=63.05 | Chg30d=+13.86% | Revisions=+40% | GrowthEPS=+56.4% | GrowthRev=+37.9%
[Analyst] Revisions Ratio: +73% (up=8, down=0)