Seagate Technology Holdings Plc

Seagate Technology Holdings Plc

STX

Market Cap$22.87B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Seagate Technology Holdings PlcSeagate Technology Holdings Plc15.32.63%-180%2.7-

Earnings Call Q3 2025

April 29, 2025 - AI Summary

Strong Financial Performance: Seagate reported revenues of $2.16 billion for the March quarter, up 31% year-over-year and achieving a non-GAAP EPS of $1.90, reflecting solid execution and profitability despite a 7% sequential decline due to temporary supply constraints.
Gross Margin and Profitability Growth: The company expanded its non-GAAP gross margin to 36.2%, up 70 basis points sequentially and over 1,000 basis points year-over-year. This reflects a favorable product mix and pricing adjustments, with expectations to maintain similar gross margin levels into the June quarter.
HAMR-Driven Demand and Future Projections: Seagate's HAMR (Heat-Assisted Magnetic Recording) technology is ramping up, contributing to building orders and expected to play a significant role in future growth, especially in cloud storage applications. They expect shipments to increase in the coming quarters, aiding revenue growth into the first half of calendar 2026.

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$140.00

Target Price by Analysts

28.4% upsideSeagate Technology Holdings Plc Target Price DetailsTarget Price
$11.45

Current Fair Value

89.5% downside

Overvalued by 89.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$22.87 Billion
Enterprise Value$22.06 Billion
Dividend Yield$2.84 (2.63475275999629%)
Earnings per Share$1.6
Beta1.34
Outstanding Shares212,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio15.3
PEG1.21
Price to Sales2.73
Price to Book Ratio-27.26
Enterprise Value to Revenue2.58
Enterprise Value to EBIT17.81
Enterprise Value to Net Income14
Total Debt to Enterprise0
Debt to Equity0

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Seagate Technology Plc

CEO: Stephen Luczo