Seagate Technology Holdings plc engages in the provision of data storage technology and infrastructure solutions in Singapore, the United States, the Netherlands, and internationally. The company offers mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. It also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, Expansion, and Basics product lines, as well as under the LaCie brand name; desktop drives for personal computers and workstation applications; notebook drives traditional notebooks, convertible systems, and external storage applications, DVR HDDs for video streaming applications, and gaming SSDs for gaming rigs. In addition, the company provides Lyve edge-to-cloud mass capacity platform, that includes modular hardware and software to support enterprises’ on-premise and cloud storage infrastructure needs. It sells its products primarily to original equipment manufacturers, distributors, and retailers. The company was founded in 1978 and is based in Singapore.
HAMR Technology Edge | Seagate's innovative Heat-Assisted Magnetic Recording technology promises to revolutionize data storage, potentially boosting market share and profitability |
Cloud Storage Boom | Explore how Seagate is capitalizing on the exponential growth in cloud computing and AI-driven data storage demands, positioning for long-term success |
Financial Projections | Analysts forecast EPS of $8.85 for CY25 and $11.00 for CY26, with price targets ranging from $90 to $129, reflecting optimistic growth expectations |
Competitive Dynamics | Delve into Seagate's strategy to maintain HDD relevance amid SSD competition, leveraging cost advantages and technological advancements in data centers |
Metrics to compare | STX | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSTXPeersSector | |
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P/E Ratio | 21.4x | 11.9x | 11.7x | |
PEG Ratio | 0.03 | 0.17 | 0.01 | |
Price/Book | −38.6x | 1.1x | 2.4x | |
Price / LTM Sales | 3.7x | 0.7x | 2.2x | |
Upside (Analyst Target) | 2.7% | 114.0% | 18.8% | |
Fair Value Upside | Unlock | 22.7% | 5.7% | Unlock |