Added to YB: 2026-01-30
Pitch date: 2026-01-29
STX [neutral]
Seagate Technology Holdings plc
-9.05%
current return
Author Info
No bio for this author
Company Info
Seagate Technology Holdings plc engages in the provision of data storage technology and infrastructure solutions in Singapore, the United States, the Netherlands, and internationally.
Market Cap
$90.7B
Pitch Price
$449.64
Price Target
N/A
Dividend
0.71%
EV/EBITDA
32.21
P/E
46.85
EV/Sales
9.39
Sector
Technology Hardware, Storage and Peripherals
Category
growth
STX | Seagate Technology Q2 2026 Financial Report Highlights
STX (earnings): Nearline capacity sold out through 2026, orders resuming H1 2027. Q2 revenue $2.83B, EPS $3.11 vs $2.83E, 42.2% gross margin. Q3 guide $2.9B revenue, $3.40 EPS vs $3.01E. HAMR tech advantage in mass capacity storage for AI data. FCF $607M. Risk: valuation at 29.5x P/E vs historical 15x.
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