Seagate Technology Holdings plc (STX)
How Seagate's AI Storage Growth Is Reshaping the HDD Market
STX's AI storage growth is backed by persistent data reuse, nearline supply allocated through 2028 and Mozaic drives reaching up to 44TB.
Seagate: HAMR Is Delivering Faster Than I Expected
I reiterate my Strong Buy on Seagate Technology, raising the price target from $1410 to $1624. The main growth drivers are continued AI data center storage demand, the Mozaic and HAMR product cycle, operating leverage, and the improving balance sheet. STX now trades at approximately 25.8x FWD non-GAAP P/E, compared with about 56.9x in my previous update. I arrive at my price target by applying a 50x multiple to $32.47.
Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
Seagate Technology TodaySTXSeagate Technology$794.16 +46.86 (+6.27%) As of 01:45 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$138.30▼$1,145.00Dividend Yield0.37%P/E Ratio75.45Price Target$951.20Add to WatchlistSeagate Technology NASDAQ: STX has recently been caught in a brutal sell-off, with shares tumbling more than 20% as investors fled anything tied to the artificial intelligence (AI) trade.
Seagate Technology Q4 Earnings Call Highlights AI Storage Demand
STX highlights AI-driven storage demand, HAMR advances, margin expansion and strong cash generation as fiscal 2027 growth plans take shape.
STX Q4 Earnings Top on 48% Sales Jump, AI-led Storage Demand Continues
Seagate surpassed Q4 fiscal 2026 earnings and revenue as AI-driven cloud storage demand, record margins and a strong outlook fuel growth.
Seagate stock jumps as AI demand drives earnings beat, bullish outlook
Seagate Technology STX shares rose about 3% in trading on Wednesday after the data storage company reported stronger-than-expected fiscal fourth-quarter results and issued an upbeat outlook. The stock rebounded after falling 8.5% in the previous session.
Seagate Technology delivers Q4 beat as AI demand supports storage outlook
Seagate Technology Holdings PLC (NASDAQ:STX) shares rose about 2% on Wednesday after the data storage company reported fiscal fourth quarter results that exceeded Wall Street expectations on both earnings and revenue and issued guidance that pointed to continued momentum. For the quarter ended July 3, Seagate reported non-GAAP earnings of $5.71 per diluted share, ahead of analysts' estimates of $5.09.
Seagate (STX) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Seagate (STX) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Seagate Technology Holdings plc (STX) Q4 2026 Earnings Call Transcript
Seagate Technology Holdings plc (STX) Q4 2026 Earnings Call Transcript
Seagate Technology Q4 Earnings Call Highlights
Seagate Technology NASDAQ: STX reported fiscal fourth-quarter results that exceeded its outlook, driven by data center demand for mass-capacity storage and continued expansion in profitability. Management said the company expects revenue growth in fiscal 2027 to surpass the 34% growth recorded in fiscal 2026, with sequential improvement in revenue, margins and cash generation through the year.
Seagate (STX) Surpasses Q4 Earnings and Revenue Estimates
Seagate (STX) came out with quarterly earnings of $5.71 per share, beating the Zacks Consensus Estimate of $5.1 per share. This compares to earnings of $2.59 per share a year ago.
Seagate's earnings are welcome news for the battered AI trade
The storage maker's June-quarter results come in ahead of Wall Street's expectations, and the stock rallies after hours
