STX

Seagate TechnologyNASDAQ · Technology Hardware, Storage & Peripherals · Information Technology

Previous close

644.58

Change

−55.89 / −7.98%

FinDog View

Bullish

52-Week Range ?

228.61 – 1,145.00

P/E (TTM) ?

36.2

Forward P/E ?

22.5

Based on consensus earnings for the next 12 months

Market Cap

$144B

−30.11%

S&P 500 −0.91% over same period

Volume / Avg Volume

5.8M / 5.9M

0.98× average

Latest earnings analysisFY2026 Q4Reported 2026-07-28

Seagate FY2026: revenue up 34.1% to $12.20 billion, Q4 gross margin 52.3%

Seagate closed fiscal 2026 with revenue up 34.1% to $12.20 billion, a fourth-quarter gross margin of 52.3% and record free cash flow of $3.11 billion. Read this as a margin story first and a growth story second: the balance sheet flipped from a $453 million deficit to $2.17 billion of equity, and debt fell by $1.4 billion. The next test is management's $4.1 billion revenue guide for the September quarter.

Read the full analysis →

Revenue$12.20BYoY +399.00%

EPS (non-GAAP)$5.71Beatest. $5.14

Next-quarter revenue guidance$4.10B ±2.4%YoY −66.40%

Next-day move+2.29%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 56.61M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q4 Quarter ended 2026-07	2026-07-28	$12.2B	5.71 / 5.14	+2.29%	Read analysis →
FY2026 Q3 Quarter ended 2026-04	2026-04-28	$3.1B	4.10 / 3.54	+11.10%	Pending
FY2026 Q2 Quarter ended 2026-01	2026-01-27	$2.8B	3.11 / 2.84	+19.14%	Pending
FY2026 Q1 Quarter ended 2025-10	2025-10-28	$2.6B	2.61 / 2.40	+19.11%	Pending
FY2025 Q4 Quarter ended 2025-06	2025-07-29	$9.1B	2.59 / —	−3.45%	Pending
FY2025 Q3 Quarter ended 2025-03	2025-05-02	$2.2B	1.57 / —	+0.55%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2027-01-25

in 85 days · time TBD

Consensus EPS

$8.61

Last quarter EPS $5.71

Avg. next-day move over the last 6 reports

±9.3%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 46 of its 5-year rangeMid-range

5-year range 15.5 – 86.7 · Median 39.2

Last 4 quarters: $547M in buybacks + $649M in dividends, 0.83% of market cap combined

P/E (TTM)

36.2

P/B

46.1

P/S

11.5

Dividend Yield

3.68%

Earnings Reaction

Over the last 6 reports, the stock moved ±9.3% on average on the first trading day after, rising 5 times

Most recent +2.29%

Guidance Credibility

Of the last 3 next-quarter revenue guides, 3 were met; actual results averaged 5.7% above guidance

Volatility & Correlation

1-year beta 2.58 · Correlation with S&P 500 0.44High beta

Annualized volatility 74% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 2 · $22.0MNet selling $22.0M

10-23Lee James CIEVP & CLOSell$0.35M547.25 shares · Avg price 642.14
10-01MOSLEY WILLIAM DCEOSell$21.6M23,498 shares · 37 trades · Avg price 919.65

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2027 Q1	4.23	+61.0%	57.3%	2.06	1.76	1.48	7.59
FY2026 Q4	3.63	+48.5%	52.3%	1.56	1.29	1.12	5.60
FY2026 Q3	3.11	+44.1%	46.5%	1.00	0.75	0.95	3.27
FY2026 Q2	2.83	+21.5%	41.6%	0.84	0.59	0.61	2.60
FY2026 Q1	2.63	+21.3%	39.4%	0.69	0.55	0.43	2.43
FY2025 Q4	2.44	+29.5%	37.4%	0.57	0.49	0.43	2.24
FY2025 Q3	2.16	+30.5%	35.2%	0.43	0.34	0.22	1.57
FY2025 Q2	2.33	+49.5%	34.9%	0.49	0.34	0.15	1.55
FY2025 Q1	2.17	+49.1%	32.9%	0.40	0.31	0.03	1.41
FY2024 Q4	1.89	+17.8%	31.8%	0.31	0.51	0.38	2.43
FY2024 Q3	1.66	−11.0%	25.7%	0.14	0.03	0.13	0.12
FY2024 Q2	1.56	−17.6%	23.3%	0.12	-0.02	0.10	-0.09

Peers

Largest by market cap in the sector · Latest quarterView Information Technology sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
STX	Seagate Technology	$144B	36.2	+61.0%	57.3%	−30.11%	Bullish
NVDA	Nvidia	$4.90T	25.8	+105.9%	75.0%	−10.39%	Bullish	Compare
AAPL	Apple Inc.	$5.05T	39.3	+16.4%	50.1%	+3.49%	Bullish	Compare
MSFT	Microsoft	$3.87T	27.2	+18.8%	67.8%	+1.76%	Bullish	Compare
AVGO	Broadcom	$1.55T	40.4	+85.5%	69.1%	−7.15%	Bullish	Compare
MU	Micron Technology	$989B	11.8	+379.3%	86.8%	−16.93%	Bullish	Compare
AMD	Advanced Micro Devices	$817B	143.0	+50.1%	53.8%	−17.48%	Bullish	Compare
INTC	Intel	$339B	—	+20.9%	43.0%	−45.30%	Bullish	Compare
PLTR	Palantir Technologies	$444B	156.5	+92.8%	84.7%	−1.57%	Bullish	Compare

The View in One Line

FY2026 revenue up 34.1%, Q4 gross margin 52.3%, EPS $5.71 beat, FCF $3.1B, debt cut $1.4B, next-quarter guidance 13% higher; bullish.

Updated 2026-10-30

View History

09-17Bearish → Bullish
FY2026 revenue +34.1%, Q4 gross margin 52.3%, FCF $3.1B, debt down $1.4B, next-quarter guidance 13% higher; bullish.

ETFs holding it

MTUM iShares MSCI USA Momentum Factor ETF1.76%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF1.36%
XLK Technology Select Sector SPDR Fund0.90%
QQQ Invesco QQQ0.67%
QQQM Invesco NASDAQ 100 ETF0.66%
VUG Vanguard Growth ETF0.41%
SPY SPDR S&P 500 ETF Trust0.22%
VOO Vanguard S&P 500 ETF0.22%

Weights estimated at latest prices

Key Events

10-28Governance
Seagate AGM Passes Six Proposals and Elects Nine Directors
On October 24, 2026, Seagate's AGM elected nine directors and approved six proposals, including executive pay, EY as auditor, and share issuance authority.Source ↗
09-09Capital Actions
Seagate Completes $150 Million Exchangeable Notes Redemption
On September 8, 2026, Seagate completed the redemption and exchange of its 3.50% exchangeable senior notes due 2028 for approximately $151 million in cash and 1,647,900 shares of common stock.Source ↗
09-04Management Change
Director Shankar Arumugavelu Decides Not to Seek Re-election
On September 2, 2026, Shankar Arumugavelu notified Seagate's board that he will not stand for re-election as a director at the conclusion of the 2026 annual meeting, a decision not related to any disagreement with the company.Source ↗
06-12Capital Actions
Seagate Redeems 2028 Exchangeable Senior Notes
Seagate HDD will redeem all of its 3.50% exchangeable senior notes due 2028 at principal plus accrued interest on September 8, 2026.Source ↗
05-28Capital Actions
Seagate Completes $186 Million Exchangeable Notes Exchange
Seagate exchanged its 3.50% exchangeable senior notes due 2028 for $185.9 million in cash plus 2.023 million common shares, with the transaction completed May 26-27.Source ↗
05-21Capital Actions
Seagate Exchanges 2028 Exchangeable Notes for $186 Million in Cash and Stock
Seagate and its subsidiary reached an exchange agreement for $185.9 million of 2028 exchangeable senior notes, payable in an equal amount of cash plus common stock, expected to close May 26.Source ↗
05-06Management Change
Director Michael R. Cannon Decides Not to Stand for Re-election
On May 5, 2026, Seagate Technology director Michael R. Cannon notified the board that he will not stand for re-election at the 2026 annual meeting, with his decision not due to any disagreement with the company.Source ↗

Key Financial Trends

Quarterly Revenue ($B)4.2

Gross Margin57.3%

Free Cash Flow ($B)1.5