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NASDAQ · US · Computer Hardware

STX Seagate Technology

Hard drives (HAMR) for AI data storage

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-30
$644.6
−7.98% today
1W
+2.2%
1M
−31.8%
3M
−22.4%
YTD
+134.8%
1Y
+141.6%
Off 52w high
−41.0%
Next earnings (est.): 2027-01-26
Market cap$148B
P/E (trailing)33.8Forward 9.8
EV / sales11.8×EV/EBITDA 27.6×
Revenue (TTM)$13.80BGrowth 61.0% y/y
Margins50.3%gross · op 48.9%
Free cash flow$2.31BCash $1.26B · debt $2.35B
Analyst target$1,032.5+60.2% upside · 24 analysts · strong buy
Riskβ 2.08Short 3.4% of float · yield 0.43%

Fundamentals from public market data, refreshed daily (2026-10-30 21:21 UTC). Figures in reporting currency.

STX · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-10-27EarningsBeat / raise

    Reported EPS 7.68 vs 7.43 expected (+3.4% surprise).

  2. 7
    2026-07-28EarningsBeat / raise

    Reported EPS 5.71 vs 5.09 expected (+12.1% surprise).

  3. 6
    2026-04-28EarningsBeat / raise

    Reported EPS 4.1 vs 3.51 expected (+16.8% surprise).

  4. 5
    2026-01-27EarningsBeat / raise

    Reported EPS 3.11 vs 2.84 expected (+9.6% surprise).

  5. 4
    2025-10-28EarningsBeat / raise

    Reported EPS 2.61 vs 2.4 expected (+8.8% surprise).

  6. 3
    2025-07-29EarningsBeat / raise

    Reported EPS 2.59 vs 2.44 expected (+6.0% surprise).

  7. 2
    2025-04-29EarningsBeat / raise

    Reported EPS 1.9 vs 1.74 expected (+9.2% surprise).

  8. 1
    2025-01-21EarningsBeat / raise

    Reported EPS 2.03 vs 1.88 expected (+8.1% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-10-277.437.68+3.4%
2026-07-285.095.71+12.1%
2026-04-283.514.1+16.8%
2026-01-272.843.11+9.6%
2025-10-282.42.61+8.8%
2025-07-292.442.59+6.0%
2025-04-291.741.9+9.2%
2025-01-211.882.03+8.1%
2024-10-221.461.58+8.6%
2024-07-230.751.05+39.4%
2024-04-230.260.33+25.4%
2024-01-24-0.060.12+290.8%
2023-10-26-0.25-0.22+12.2%
2023-07-26-0.25-0.18+28.5%
2023-04-200.21-0.28−232.5%
2023-01-250.090.16+69.2%
2022-10-260.710.48−32.8%
2022-07-211.891.59−15.7%
2022-04-271.881.81−3.8%
2022-01-262.362.41+2.3%
2021-10-222.212.35+6.3%
2021-07-211.882.0+6.3%
2021-04-221.321.48+12.3%
2021-01-211.131.29+13.8%

About Seagate Technology

Website ↗

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.

30,000 employees · Singapore, Singapore

AI training data and inference logs need exabytes of storage. Two companies make nearly all hard drives and a few make NAND, so supply is slow to follow demand.

NAND / platters→Drive→Storage server→Cluster

What would prove us wrong. Weakens if NAND and HDD makers add capacity faster than AI storage demand grows.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
SNDK
SanDisk
NAND flash and enterprise SSDs $1,150.9−13.47%−35.6%+384.8%
WDC
Western Digital
Hard drives for AI data storage $366.1−7.41%−20.9%+112.8%
285A.T
Kioxia
NAND flash and enterprise SSDs ¥13,470−7.14%−25.6%+287.2%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.