Added to YB: 2025-07-17
Pitch date: 2025-05-31
STX [bullish]
Seagate Technology Holdings plc
+147.91%
current return
Author Info
No bio for this author
Company Info
Seagate Technology Holdings plc engages in the provision of data storage technology and infrastructure solutions in Singapore, the United States, the Netherlands, and internationally.
Market Cap
$58.8B
Pitch Price
$116.03
Price Target
250.00 (-13%)
Dividend
1.10%
EV/EBITDA
24.40
P/E
34.60
EV/Sales
6.56
Sector
Technology Hardware, Storage and Peripherals
Category
value
Seagate Technology Holdings plc - $STX
STX: Dominant HDD player in data center/AI market. HAMR tech gives 2+ year lead over WDC with 30TB now, 40TB by 2026 vs WDC's 36TB in 2027. Drives 6x cheaper than SSDs, hold 90% of cloud data. Gross margins expanding to high-30s%. $8.2B FCF over 3 years enabling buybacks. 12x 2026 P/E vs peers at 18x. $250 PT (137% upside).
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