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STX's 81.8% surge is fueled by booming nearline cloud demand, HAMR innovation, and record margins despite debt and competition pressures.
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, today announced that management is scheduled to participate in the following investor events: Event: Evercore ISI Semiconductor, IT Hardware & Networking Conference on Tuesday, August 26, 2025 Details: Hosting investor meetings Event: Citi's 2025 Global TMT Conference on Wednesday, September 3, 2025 Details: Presentation at 7:50 AM PT / 10:50 AM ET and hosting.
Seagate is rebounding strongly, posting 30% revenue growth and record margins, yet trades at a sector discount, creating an attractive entry point. The company dominates the high-capacity HDD market for cloud and enterprise, with stable revenue streams and improving operational efficiency. DCF and multiple analyses show STX is undervalued, with a Buy rating and a target price of $171, offering a 9% upside.
I'm downgrading Seagate to a sell after a massive run-up, as better alternatives like Western Digital now exist. Seagate's valuation has become stretched at 15x forward P/E, making its risk/reward profile less attractive compared to cheaper, higher-margin WDC. The memory industry remains highly competitive and commoditized, with potential demand risks if AI-driven capex slows in the coming years.
STX posts strong Q4 with EPS of $2.59 and 30% revenue growth, fueled by hyperscale cloud and AI-driven storage demand.
U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Wednesday.
Seagate Technology Holdings plc (NASDAQ:STX ) Q4 2025 Earnings Conference Call July 29, 2025 5:00 PM ET Company Participants Gianluca Romano - Executive VP & CFO Shanye Hudson - Senior Vice President of Investor Relations & Treasury William David Mosley - CEO & Director Conference Call Participants Aaron Christopher Rakers - Wells Fargo Securities, LLC, Research Division Amit Jawaharlaz Daryanani - Evercore ISI Institutional Equities, Research Division Ananda Prosad Baruah - Loop Capital Markets LLC, Research Division Asiya Merchant - Citigroup Inc., Research Division Christopher James Muse - Cantor Fitzgerald & Co., Research Division Erik William Richard Woodring - Morgan Stanley, Research Division Hadi M. Orabi - TD Cowen, Research Division James Edward Schneider - Goldman Sachs Group, Inc., Research Division Mark S.
The headline numbers for Seagate (STX) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Seagate (STX) came out with quarterly earnings of $2.59 per share, beating the Zacks Consensus Estimate of $2.46 per share. This compares to earnings of $1.05 per share a year ago.
Seagate stock faced high expectations coming into its fiscal Q4 earnings, with shares of the hard-disk drive maker up 79%.