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NASDAQ:STX

Seagate Technology (STX)

1,031.34
+12.54 (1.23%)
as of Jun 16, 2026, 8:00:00 pm Market Open.
36 watching
0
Investor Insights
star iconJun 16, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

Seagate Technology (STX-Q) has garnered mixed reviews from experts regarding its current market performance and valuation. On one hand, there is excitement about the strong demand for memory storage and the company’s apparent pricing power, evidenced by significant gains in its stock price—up as much as 25% this year alone. However, critics mention concerns about the high price-to-earnings ratio (PE) at 50x 2027's PE, indicating a potential overvaluation, especially compared to competitors. They also noted that the supply constraints due to the lengthy time required to build new factories may sustain the demand, yet caution is advised as the company needs to deliver impressive quarterly results to maintain investor confidence amid such surges. Ultimately, the market's future sentiment seems fragile, hinging on the upcoming earnings report, which many believe could dictate whether the current rally continues.

consensus icon
Consensus
Mixed
valuation icon
Valuation
Overvalued
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WDC
DON'T BUY
Hard drives refuse to die. Hoya is the only supplier of glass platters, so that's where he's invested. Hard drives will be transitioning from aluminum to glass over the next 5 years.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Nov 12/20, Up 25.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with STX has achieved its $60 objective. To be disciplined we are recommending covering 50% of the position. We also recommend trailing up the stop to $48 -- near our original acquisition recommendation.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly This solid dividend player is trading at a great PE valuation following its most recent earnings report. Earnings reflected a 10% drop in revenues from a year ago, as HDD was weaker than expected, but was partially offset by its cloud data center demand and video applications. The company stands by its guidance numbers, whose mid-points are above current analyst expectations. Trading at a 10 PE it is great value compared to the sector average PE of 63. It pays a great dividend backed by a 38% payout ratio. We would trade this with a $42 stop-loss, looking for a technical target of $60 -- almost 25% upside. Yield 5.47% (Analysts’ price target is $53.41)
DON'T BUY

Technically, this has rolled over and has a lot of work to do. The company has continued to have earnings beat, which is always a good thing. However, they are flat lining. Dividend yield of almost 7%.

COMMENT

This is in the business of making hard drives, and can be quite a volatile stock. The pricing for disk drives and some of the components they make can be very, very volatile. That can lead to volatility in earnings.

BUY

(Market Call Minute.) He likes the stock. Has very strong valuations. 26X PE. Good yield.

COMMENT

Hard drives for PCs. At $26-$26.50, this is right on very strong technical support. The upside potential (FMV) is 100% higher than where it is right now. However, earnings forecasts are in full retreat. Stock is cheap, but fundamentals are not supporting it. If it does not hold at the $26-$26.25 area, don’t continue to Hold, as it could drop to $18, and maybe as low as $15. It is kind of a value trap.

DON'T BUY

It is always cheap. It has had a challenging growth outlook because of the lack of growth in the PC market. Storage is moving to solid state and away from their technology.

BUY

Likes what is going on in technology and in their space in general with video. The “over the top guys” are forcing cable and telco companies to really go head to head. This company is like an arms dealer to the war that is about to take place. Technology will likely drive who is going to win that adoption race.

TOP PICK
Hard Disks. Recently raised dividend yield. Forefront of the high tech world. Will continue to raise dividends.
PAST TOP PICK
(Top Pick Feb 4/10, Down 26.58%) Had compelling valuation when they purchased it, but when a company misses on their earnings, they sell the stock. It missed 3 consecutive quarters.
TOP PICK
Hard disk drive manufacturer for servers and consumer electronic products. 3 straight quarters of positive earnings surprises. Last quarter beat estimates by over 50%. Very cheap at under 6X forward earnings.
DON'T BUY
Not a fan of this. A commodity product. Ups and downs are very violent. Too much competition. Would rather own Intel (INTC-Q), which is the dominant franchise.
BUY
A hard drive manufacturer. A great market, but competition has been slowing it down. Starting to get very interested at this valuation.
DON'T BUY
Not a fan of hardware companies at this time. Very price-sensitive. Dealing with tight margins.
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