Seagate Technology Holdings Plc

Seagate Technology Holdings Plc

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Market Cap$197.28B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Seagate Technology Holdings PlcSeagate Technology Holdings Plc81.80.33%217%19.20.4

Earnings Call Q3 2026

April 28, 2026 - AI Summary

Strong Revenue Growth: Seagate reported a 44% year-over-year revenue increase, reaching $3.1 billion for the March quarter. This growth was attributed primarily to robust demand from cloud customers, as demonstrated by the 55% increase in data center revenue YoY to $2.5 billion.
Record Profitability: The company achieved record non-GAAP gross margins of 47%, significantly higher than the 42.2% seen in the previous quarter. Non-GAAP operating income more than doubled compared to the previous year, underscoring effective pricing strategies and an improving product mix.
Increased Guidance and Structural Growth: Seagate raised its annual revenue growth forecast from a low to mid-teens percentage to a minimum of 20% over the next few years. This confidence is driven by sustained demand, especially from AI applications, and the ongoing qualification of their Mozaic HAMR-based products.

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$730.80

Target Price by Analysts

22.3% downsideSeagate Technology Holdings Plc Target Price DetailsTarget Price
$18.04

Current Fair Value

98.1% downside

Overvalued by 98.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$197.28 Billion
Enterprise Value$196.53 Billion
Dividend Yield$2.92 (0.33%)
Earnings per Share$6.93
Beta2.01
Outstanding Shares221,000,000

Return

Return on Equity217.17%ROE
Return on Assets26.74%
Return on Invested Capital54.95%

Valuation & Multiples

P/E Ratio81.76P/E Ratio
PEG68.14PEG
Price to Sales19.2Price to Sales
Price to Book Ratio235.17Price to Book Ratio
Enterprise Value to Revenue17.85
Enterprise Value to EBIT63.29
Enterprise Value to Net Income82
Total Debt to Enterprise0
Debt to Equity0.36Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 5, 2026
EPS Estimate
$3.43
Average shareholder expectation
Revenue Estimate
$2.95 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 16, 2026
EPS Estimate
$3.99
Average shareholder expectation
Revenue Estimate
$3.16 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio2.4168 14.19%
Total Calls5,246,546 13.20%
Total Puts12,679,932 18.02%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %85.97% 1.81%
Total Invested$72.10B 38.70%
Investors Holding1,524 182.00%

ESG Score

No data

About Seagate Technology Plc

CEO: Stephen Luczo

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical analysis for all tax legislation, directly influencing corporate tax structures, capital investment incentives, and the overall tax burden on a multinational corporation like Seagate.

Finance

This powerful committee controls taxation and trade policy, which are fundamental to a global manufacturer like Seagate. Changes in corporate tax rates, R&D credits, or international trade tariffs can significantly impact the company's profitability and competitive landscape.

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine specific funding for defense, scientific research, and infrastructure projects, directly impacting government contracts and potential demand for Seagate's storage products.

Judiciary

This committee's jurisdiction over antitrust laws and intellectual property is crucial for a technology company. It can directly impact competition, merger approvals, and the protection of Seagate's proprietary technologies.

Armed Services

This committee oversees the Department of Defense and authorizes the NDAA, directly determining funding for defense contractors and military technologies. The defense sector is a significant consumer of advanced, secure data storage solutions, making this committee highly relevant to Seagate's potential government contracts.

Select Committee on Intelligence

Members receive classified briefings on global threats and intelligence needs. This creates a high potential for informational asymmetry regarding future government procurement of secure data storage for defense, cybersecurity, and intelligence operations, a key market for Seagate.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, technology policy, the FTC, and R&D. It directly influences competition, data policy, supply chain resilience, and the overall regulatory environment for tech manufacturers like Seagate.