STX Stock Analysis: Seagate Technology | NASDAQ
Computer Hardware | NASDAQ, USA | Market Cap: 193.331m USD | 12M Return: 450.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.52B
Qual. Beats: 5
Rev. Trend: 96.7%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
Seasonality 11.6 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 (STX) is a Singapore-based provider of data storage technology and infrastructure solutions, operating across Singapore, the United States, the Netherlands, and other international markets. Founded in 1978, the company designs and delivers mass capacity storage products, including enterprise nearline hard disk drives (HDDs), solid state drives (SSDs), enterprise systems, video and image HDDs, and network-attached storage drives. Seagates primary customer base consists of original equipment manufacturers (OEMs), distributors, and retailers.
In addition to its enterprise offerings, Seagate produces a broad consumer portfolio, including the Seagate Ultra Touch, One Touch, Expansion, and Basics external drives, the LaCie-branded products, desktop and notebook HDDs, DVR HDDs for video streaming, and gaming SSDs. The company also operates the Lyve edge-to-cloud mass capacity platform, which combines modular hardware and software to help enterprises manage on-premise and cloud storage infrastructure. This dual focus on high-volume enterprise storage and branded consumer devices gives Seagate exposure to both data center build-outs and retail-driven storage demand.
The HDD industry in which Seagate operates is a capital-intensive, concentrated market, with only a handful of manufacturers globally competing in large-capacity drives used for cloud and hyperscale data centers. Seagates heavy weighting toward nearline enterprise HDDs positions it to benefit from the continued growth in data generation, cloud archiving, and AI-related storage workloads, while its SSD and external storage lines address faster, consumer-oriented, and edge-computing use cases.
- AI cloud demand drives nearline HDD exabyte shipments higher
- Mass capacity HDD pricing strengthens on tight industry supply
- Capital returns continue with aggressive buyback program
| Net Income: 3.18b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.33 > 0.02 and ΔFCF/TA 23.16 > 1.0 |
| NWC/Revenue: 17.17% < 20% (prev 11.05%; Δ 6.12% < -1%) |
| CFO/TA 0.37 > 3% & CFO 3.67b > Net Income 3.18b |
| Net Debt (2.18b) to EBITDA (4.25b): 0.51 < 3 |
| Current Ratio: 1.67 > 1.5 & < 3 |
| Outstanding Shares: last quarter (229.0m) vs 12m ago 5.05% < -2% |
| Gross Margin: 45.58% > 18% (prev 35.18%; Δ 10.40% > 0.5%) |
| Asset Turnover: 135.5% > 50% (prev 113.4%; Δ 22.15% > 0%) |
| Interest Coverage Ratio: 13.99 > 6 (EBIT TTM 3.97b / Interest Expense TTM 284.0m) |
| A: 0.21 (Total Current Assets 5.22b - Total Current Liabilities 3.13b) / Total Assets 9.97b |
| B: -0.69 (Retained Earnings -6.92b / Total Assets 9.97b) |
| C: 0.44 (EBIT TTM 3.97b / Avg Total Assets 9.00b) |
| D: 0.28 (Book Value of Equity 2.17b / Total Liabilities 7.80b) |
| Altman-Z'' = 2.38 = BBB |
| DSRI: 1.06 (Receivables 1.53b/1.08b, Revenue 12.2b/9.10b) |
| GMI: 0.77 (GM 35.18% / 45.58%) |
| AQI: 0.81 (AQ_t 0.27 / AQ_t-1 0.34) |
| SGI: 1.34 (Revenue 12.2b / 9.10b) |
| TATA: -0.05 (NI 3.18b - CFO 3.67b) / TA 9.97b) |
| Beneish M = -3.06 (Cap -4..+1) = AA |
As of August 05, 2026, the stock is trading at USD 845.35 with a total of 4,873,985 shares traded. Over the past week, the price has changed by +13.12%, over one month by -2.64%, over three months by +14.54% and over the past year by +450.57%.
Current recommended Stop Loss: 720.60 (which is 14.8% or 1.5 ATR below the current price).
Seagate Technology has received a consensus analysts rating of 3.96. Therefore, it is recommended to buy STX.
- StrongBuy: 12
- Buy: 1
- Hold: 8
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 1106.1 | 30.8% |
P/E Trailing = 3275.6924
P/E Forward = 31.1526
P/S = 15.8533
P/B = 80.0764
P/EG = 0.5288
Revenue TTM = 12.2b USD
EBIT TTM = 3.97b USD
EBITDA TTM = 4.25b USD
Long Term Debt = 3.46b USD (from longTermDebt, two quarters ago)
Short Term Debt = 185.0m USD (from shortTermDebt, last quarter)
Debt = 3.88b USD (from shortLongTermDebtTotal, last quarter) + Leases 315.0m
Net Debt = 2.18b USD (calculated: Debt 3.88b - CCE 1.70b)
Enterprise Value = 196b USD (193b + Debt 3.88b - CCE 1.70b)
Interest Coverage Ratio = 13.99 (Ebit TTM 3.97b / Interest Expense TTM 284.0m)
EV/FCF = 58.78x (Enterprise Value 196b / FCF TTM 3.33b)
FCF Yield = 1.70% (FCF TTM 3.33b / Enterprise Value 196b)
FCF Margin = 27.27% (FCF TTM 3.33b / Revenue TTM 12.2b)
Net Margin = 26.11% (Net Income TTM 3.18b / Revenue TTM 12.2b)
Gross Margin = 45.58% ((Revenue TTM 12.2b - Cost of Revenue TTM 6.64b) / Revenue TTM)
Gross Margin QoQ = 52.30% (prev 46.50%)
Tobins Q-Ratio = 19.61 (Enterprise Value 196b / Total Assets 9.97b)
Interest Expense / Debt = 7.32% (Interest Expense 284.0m / Debt 3.88b)
Taxrate = 13.71% (506.0m / 3.69b)
NOPAT = 3.43b (EBIT 3.97b * (1 - 13.71%))
Current Ratio = 1.67 (Total Current Assets 5.22b / Total Current Liabilities 3.13b)
Debt / Equity = 1.79 (Debt 3.88b / totalStockholderEquity, last quarter 2.17b)
Debt / EBITDA = 0.51 (Net Debt 2.18b / EBITDA 4.25b)
Debt / FCF = 0.65 (Net Debt 2.18b / FCF TTM 3.33b)
Total Stockholder Equity = 914.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 35.39% (Net Income 3.18b / Total Assets 9.97b)
RoE = 348.2% (Net Income TTM 3.18b / Total Stockholder Equity 914.5m)
RoCE = 90.74% (EBIT 3.97b / Capital Employed (Equity 914.5m + L.T.Debt 3.46b))
RoIC = 53.41% (NOPAT 3.43b / Invested Capital 6.42b)
WACC = 14.84% (E(193b)/V(197b) * Re(15.01%) + D(3.88b)/V(197b) * Rd(7.32%) * (1-Tc(0.14)))
Discount Rate = 15.01% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 94.27 | Cagr: 3.27%
[DCF] Terminal Value 59.87% ; FCFF base≈2.32b ; Y1≈2.66b ; Y5≈3.92b
[DCF] Fair Price = 110.3 (EV 27.2b - Net Debt 2.18b = Equity 25.0b / Shares 227.0m; r=14.84% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 3.85 | # QB: 5
Revenue Correlation: 96.70 | Revenue CAGR: 27.09% | SUE: 2.94 | # QB: 4
EPS current Quarter (2026-09-30): EPS=7.35 | Chg30d=+29.84% | Revisions=+57% | Analysts=19
EPS next Quarter (2026-12-31): EPS=8.39 | Chg30d=+31.55% | Revisions=+57% | Analysts=19
EPS current Year (2027-06-30): EPS=35.81 | Chg30d=+31.67% | Revisions=+62% | GrowthEPS=+129.8% | GrowthRev=+54.2%
EPS next Year (2028-06-30): EPS=54.71 | Chg30d=+29.76% | Revisions=+57% | GrowthEPS=+52.8% | GrowthRev=+32.1%
[Analyst] Revisions Ratio: +85% (up=17, down=0)