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Seagate Tech (CH:STX)
:STX

Seagate Tech (STX) Price & Analysis

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STX Stock Chart & Stats

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Bulls Say, Bears Say

Bulls Say
Free Cash Flow StrengthSeagate’s FCF recovery is durable: FY26 free cash flow matched net income and rose materially, enabling debt retirement, dividends and buybacks while funding modest 4–6% of revenue CapEx. Strong cash conversion improves flexibility across hardware cycles and supports capital allocation.
HAMR / Mozaic Technology RampProgress on HAMR and Mozaic product families creates a sustainable competitive edge in capacity per drive and cost/EB advantage. Vertical production of lasers and phased Mozaic ramps increase product differentiation and long‑term allocation visibility with hyperscalers, supporting durable market share.
Data‑Center Demand LeadershipSeagate’s large share of exabyte shipments and sustained multi‑quarter growth tied to cloud/AI workloads provides structural demand. Deep customer planning and allocations into 2028 give revenue visibility and underpin recurring mass‑capacity sales over the medium term.
Bears Say
Customer ConcentrationHeavy reliance on a small set of hyperscalers concentrates revenue and exposes Seagate to cyclical capex swings, contract timing and renegotiation risk. This concentration amplifies downside in a cloud spending slowdown and limits diversification resilience across cycles.
Balance‑Sheet VolatilityA history of negative equity reflects prior losses/distributions and raises financial fragility despite recent debt reduction. Equity volatility can constrain flexibility in downturns, increase refinancing or covenant risk, and makes capital actions more sensitive to operating swings.
Manufacturing & HAMR Scaling RiskDelivering higher HAMR volumes depends on specialized fabs, tooling and yield improvements. Factory pauses and longer cycle times during transitions can create persistent inefficiencies; delays or slow yield gains would temper exabyte delivery, margin trajectory and planned allocation timelines.

Seagate Tech News

STX FAQ

What was Seagate Tech’s price range in the past 12 months?
Currently, no data Available
What is Seagate Tech’s market cap?
Seagate Tech’s market cap is CHF149.19B.
    When is Seagate Tech’s upcoming earnings report date?
    Seagate Tech’s upcoming earnings report date is Oct 28, 2026 which is in 78 days.
      How were Seagate Tech’s earnings last quarter?
      Seagate Tech released its earnings results on Jul 28, 2026. The company reported CHF4.625 earnings per share for the quarter, beating the consensus estimate of CHF4.131 by CHF0.494.
        Is Seagate Tech overvalued?
        According to Wall Street analysts Seagate Tech’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Seagate Tech pay dividends?
          Seagate Tech does not currently pay dividends.
          What is Seagate Tech’s EPS estimate?
          Seagate Tech’s EPS estimate is 5.96.
            How many shares outstanding does Seagate Tech have?
            Currently, no data Available
            What happened to Seagate Tech’s price movement after its last earnings report?
            Seagate Tech reported an EPS of CHF4.625 in its last earnings report, beating expectations of CHF4.131. Following the earnings report the stock price went same N/A.
              Which hedge fund is a major shareholder of Seagate Tech?
              Currently, no hedge funds are holding shares in CH:STX
              What is the TipRanks Smart Score and how is it calculated?
              Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                Company Description

                Seagate Tech

                Seagate Technology Holdings plc, headquartered in Dublin, Ireland, is a global provider of advanced data storage technology and solutions, with operations spanning Singapore, the United States, the Netherlands, and other international regions. The company's extensive product portfolio encompasses a wide array of mass capacity storage offerings. These include enterprise-grade nearline hard disk drives (HDDs), solid-state drives (SSDs), and complete enterprise nearline systems, alongside specialized HDDs for video and imaging, and network-attached storage (NAS) drives. Beyond these, Seagate also supports legacy systems with Mission Critical HDDs and SSDs. Its consumer-focused segment features external storage devices sold under popular lines such as Seagate Ultra Touch, One Touch, and Expansion, as well as the premium LaCie brand. The company's product range further extends to internal desktop and notebook drives, HDDs for digital video recorders (DVRs), and high-performance gaming SSDs. Moreover, Seagate delivers the Lyve edge-to-cloud platform, an innovative solution designed for managing and transferring vast amounts of data. Its clientele primarily consists of original equipment manufacturers (OEMs), distributors, and retailers. Established in 1978, Seagate Technology Holdings plc continues to be a leader in the data storage industry.

                Seagate Tech (STX) Earnings & Revenues

                STX Company Deck

                STX Earnings Call

                Q4 2026
                0:00 / 0:00
                Earnings Call Sentiment|Positive
                The earnings call presents a strongly positive operational and financial picture: robust revenue and exabyte growth, sizable margin expansion, record free cash flow, meaningful debt reduction and clear progress on HAMR/Mozaic technology ramps. Management issued confident guidance for further sequential revenue and margin improvement. Offsetting risks are short‑term factory and yield inefficiencies during product transitions, upstream component and supply‑chain complexity as HAMR scales, customer concentration in cloud/data‑center demand, and the potential for quarter‑to‑quarter pricing variability tied to contract timing and renegotiations. On balance, the company’s achievements, guidance and execution momentum outweigh the execution and concentration risks noted.View all CH:STX earnings summaries

                STX Revenue Breakdown

                80.52%80.52%13.43%6.05%
                80.52% OEMs
                13.43% Distributors
                6.05% Retailers
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                STX Stock 12 Month Forecast

                Average Price Target

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