I reaffirm my positive outlook on Seagate Technology (STX), given the HAMR ramp-up strategy into 2026. HAMR will position Seagate as a leader and unlock multiple opportunities for the company in 2026. STX posted a strong double-beat quarter, driven by HAMR ramp. Despite the stock price surge, STX trades at an FWD PEG below the sector median, remaining undervalued relative to peers and offering continued upside.
STX enters fiscal 2026 with strong momentum as AI-driven data growth boosts demand for its high-capacity Mozaic storage platform.
Seagate Technology Holdings plc (STX) Presents at 53rd Annual Nasdaq Investor Conference Transcript
| Technology Hardware, Storage & Peripherals Industry | Information Technology Sector | William David Mosley CEO | NASDAQ (NGS) Exchange | G7997R103 CUSIP |
| IE Country | 30,000 Employees | 24 Dec 2025 Last Dividend | - Last Split | 11 Dec 2002 IPO Date |
Seagate Technology Holdings plc operates internationally from its bases in Singapore, the United States, the Netherlands, and other global locations, pioneering in the delivery of advanced data storage technology and solutions. With a history dating back to 1978 and headquartered in Dublin, Ireland, Seagate has grown into a leading provider of mass capacity storage products and services, catering to a wide array of customer needs across different sectors. The company's offerings play a crucial role in managing and storing the exponentially growing data of today's digital age, catering to both enterprise and consumer market segments.
Seagate Technology Holdings plc boasts a comprehensive portfolio of storage solutions and products designed to meet the diversifying needs of its global clientele. These offerings include:
Seagate's distribution network spans OEMs, distributors, and retailers, ensuring wide accessibility of its products and services to various markets worldwide.