Professional
Added to YB: 2025-09-23
Pitch date: 2025-09-19
STX [neutral]
Seagate Technology Holdings plc
+29.45%
current return
Author Info
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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
$222.20
Price Target
N/A
Dividend
1.10%
EV/EBITDA
24.40
P/E
34.60
EV/Sales
6.56
Sector
Technology Hardware, Storage and Peripherals
Category
growth
Pernas Research Closed Position: Seagate Technology
STX position closed: +148% YTD (best SP500 performer), +52% since July initiation. HAMR tech driving HDD resurgence for AI/cloud storage needs at superior $/TB vs SSDs. Leapfrogged WDC but price war risk as hyperscalers adopt HAMR. Still bullish memory/storage sector overall.