HAMR Technology Edge | Discover how Seagate's Heat Assisted Magnetic Recording advancement promises substantial storage density increases and competitive differentiation in enterprise markets |
Price Targets | Analyst price objectives evolved from $240 in October 2025 to $700 by April 2026, with base case earnings projections of $29 per share by 2028 |
Supply Discipline Pays | Seagate's steadfast capacity management amid tight market conditions enables long-term customer contracts and supports nearline pricing growth of 8-16 percent annually |
Margin Transformation | Operating margins could reach 51-55 percent as HAMR commercialization reduces manufacturing costs while advanced capabilities command premium pricing from cloud and data center customers |
Metrics to compare | STX | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSTXPeersSector | |
|---|---|---|---|---|
P/E Ratio | 59.6x | 15.3x | 12.6x | |
PEG Ratio | 0.57 | −0.21 | 0.01 | |
Price/Book | 87.6x | −0.6x | 2.4x | |
Price / LTM Sales | 15.6x | 1.9x | 2.3x | |
Upside (Analyst Target) | 36.1% | 23.7% | 32.4% | |
Fair Value Upside | Unlock | −14.7% | 3.6% | Unlock |
Seagate Technology Holdings plc engages in providing data storage solutions in Singapore, the United States, the Netherlands, and internationally. The company offers External and internal hard drives; external and internal solid-state drives (SSDs); enterprise hard drives and SSDs; data storage systems; network attached storage (NAS) hard drives; video and analytics hard drives; and hyperscale and cloud solution. It offers its products for Healthcare, Media & Entertainment, Surveillance & Security, and telecommunication industry. The company sells its products primarily to original equipment manufacturers, distributors, and retailers. The company was founded in 1978 and is based in Singapore.