Seagate Technology Holdings Plc (STX) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq
Seagate Technology Holdings Plc (STX) stock forecast summary
Our AI ranks Seagate Technology Holdings Plc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Seagate Technology Holdings Plc is a large-cap company with a market capitalization of $144.83B. It ranks number 2 by market capitalization among the 6 Computer Storage Devices issuers in our coverage with a current forecast.
For STX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 60.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 27.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How STX ranks among 5172 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Seagate Technology Holdings Plc (STX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Computer Storage Devices peers listed below that report each metric.
Valuation & Market
| Metric | STX | Rank |
|---|---|---|
| Market Cap | $144.83B | 2/6 |
| P/E Ratio | 45.97x | 2/5 |
| P/B Ratio | 66.83x | 1/5 |
| Dividend Yield | 0.44% | – |
| EPS | $13.90 | – |
| Book Value/Share | $9.56 | – |
| Revenue/Share | $53.81 | – |
| FCF/Share | $13.70 | – |
Profitability & Margins
| Metric | STX | Rank |
|---|---|---|
| ROE | 181.3% | – |
| ROA | 39.4% | – |
| Gross Margin | 45.6% | 5/6 |
| Operating Margin | 31.0% | 3/5 |
| Net Margin | 29.8% | – |
| EBT Margin | 28.0% | 4/5 |
| Tax Rate | 13.7% | – |
Financial Health
| Metric | STX | Rank |
|---|---|---|
| D/E Ratio | 3.60x | 2/5 |
| Financial Leverage | 4.60x | – |
| Interest Coverage | 5.5x | – |
Cash Flow
| Metric | STX | Rank |
|---|---|---|
| Operating Cash Flow | $3.67B | 3/6 |
| Free Cash Flow | $3.10B | 3/5 |
| Capital Spending | -$569M | 5/5 |
| OCF Growth YoY | 334.4% | – |
| FCF Growth YoY | 389.8% | – |
| FCF/Sales | 25.5% | 3/5 |
| CapEx/Sales | 4.7% | 2/5 |
Operational Efficiency
| Metric | STX | Rank |
|---|---|---|
| Asset Turnover | 1.22x | – |
Income Statement
| Metric | STX | Rank |
|---|---|---|
| Total Revenue | $12.20B | 3/5 |
| Operating Income | $4.09B | 3/6 |
| Net Income | $3.93B | – |
| R&D Expense | $755M | 5/6 |
| SG&A Expense | $577M | 4/6 |
| Cost of Goods Sold | $6.64B | 1/6 |
Dividend & Shareholder Information
| Metric | STX | Rank |
|---|---|---|
| Dividends Per Share | $2.80 | – |
| Payout Ratio | 20.1% | – |
| Shares Outstanding | 227M | – |
| Net Income Growth | 146.8% | – |
| EPS Growth | 123.4% | – |
Balance Sheet Highlights (USD millions)
| Total Liabilities | $7.80B | 78.3% of assets |
STX quarterly financials and insider trading
Seagate Technology Holdings Plc (STX) industry peers
Companies classified under the same SEC industry code as Seagate Technology Holdings Plc (Computer Storage Devices): 6 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Seagate Technology Holdings Plc (STX) stock news
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Seagate Technology Holdings Plc (STX) stock forecast FAQ
What is the Seagate Technology Holdings Plc (STX) stock forecast?
Our AI ranks Seagate Technology Holdings Plc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Seagate Technology Holdings Plc stock predictions?
For STX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 60.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 27.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Seagate Technology Holdings Plc forecasts updated?
Seagate Technology Holdings Plc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Seagate Technology Holdings Plc's industry peers?
6 issuers in our coverage, STX included, share the SEC industry code Computer Storage Devices. The largest are: Sandisk Corp (SNDK), Western Digital Corp (WDC), Everpure, Inc. (P), Netapp, Inc. (NTAP), Quantum Corp /De/ (QMCO).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.