Seagate Technology Holdings plc engages in the provision of data storage technology and infrastructure solutions in Singapore, the United States, the Netherlands, and internationally. The company offers 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. It also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, Expansion, and Basics product lines, as well as under the LaCie brand name; desktop drives for personal computers and workstation applications; notebook drives traditional notebooks, convertible systems, and external storage applications, DVR HDDs for video streaming applications, and gaming SSDs for gaming rigs. In addition, the company provides Lyve edge-to-cloud mass capacity platform, that includes modular hardware and software to support enterprises’ on-premise and cloud storage infrastructure needs. It sells its products primarily to original equipment manufacturers, distributors, and retailers. The company was founded in 1978 and is based in Singapore.
Financial Outlook | Analysts project FY2026 non-GAAP EPS of $11.14 on $10.7B sales. Average price target ranges from $90 to $135, with most analysts bullish on Seagate's potential |
Cloud & AI Prospects | Delve into Seagate's strategic positioning in cloud storage and AI-driven demand, potentially opening new markets and boosting long-term growth prospects |
HAMR Technology | Explore Seagate's Heat-Assisted Magnetic Recording innovation, poised to revolutionize HDD capacity and cost-efficiency, with 30TB+ drives expected by mid-2025 |
Storage Titan's Pivot | Seagate, a $23B market cap leader in data storage, navigates cloud computing and AI landscapes while addressing supply chain and technology transition challenges |
Metrics to compare | STX | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSTXPeersSector | |
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P/E Ratio | 15.5x | 9.8x | 11.2x | |
PEG Ratio | 0.03 | 0.13 | 0.01 | |
Price / Book | −27.9x | 1.0x | 2.4x | |
Price / LTM Sales | 2.7x | 0.8x | 2.0x | |
Upside (Analyst Target) | 10.9% | 80.0% | 26.5% | |
Fair Value Upside | Unlock | 24.1% | 7.8% | Unlock |