NASDAQ: STX

Seagate Technology (STX) Stock Analysis & Forecast

Nov 4 close

$557.06−49.32 (−8.1%)

Gekko Brief

AI summaryNov 4 close

Seagate's fiscal first-quarter 2027 results dominate this week's coverage, with revenue up 61% year-over-year to $4.2 billion on strong demand for mass-capacity and high-capacity drives, and non-GAAP EPS of $7.68 beating the $7.44 estimate. Coverage also highlights a $1.2 billion debt paydown that cut gross debt to $2.4 billion, with a targeted net cash positive position by the end of calendar 2026, alongside commentary on HAMR technology ramping into the fiscal second quarter and a reported 24.1% decline over the past month despite the strong print.

Shares close at $557.06, down 8.1%, sitting below both the 50-day average of $784.91 and the 200-day average of $696.52, with one-month and three-month returns of -30.9% and -34.7% respectively, against a one-year return of 109.8%. The GekkoIndex reads 68.3, placing the stock in the Accumulation zone, up 3.1 over five days. The gap to Gekko Fair Value of $803.62 stands at -30.7%.

The next earnings date is 27 January 2027, 83 days out, placing it beyond a typical 20-trading-day swing window. Options activity shows 4 unusual signals over the past 30 days, with call premium of $36.1 million against put premium of $32.0 million. Seasonality over five years shows an average 20-day return of 4.8% from this point, rising in 4 of those years. Typical 20-day price movement runs near 8.3%, worth noting given recent volatility.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Seagate Technology price vs fair value

$803.62$557.06Nov ’25May ’26Nov ’26
Close $557.06200-day averageGekko Fair Value $803.62

Seagate Technology quick facts

Market cap
$127.9B
P/E ratio
31.1
Forward P/E
17.1
EPS, TTM
$19.07
Revenue, TTM
$13.80B
Profit margin
31.9%
Dividend yield
0.46%
Beta
2.20
Volume
6.75M avg 5.49M
1-year return
+109.8%
Typical daily move
±9%
Typical 20-day move
±8.3%
50-day average
$784.91
200-day average
$696.52
Next earnings
Jan 27 after close
Shares outstanding
229.6M
52-week range
$228.61$1,145.00

Seagate Technology swing-trade checklist

Seagate Technology scores 5 supportive, 1 mixed and 0 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

5 supportive1 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $557.06 sits between the 50-day ($784.91) and 200-day ($696.52) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    68.3, Accumulation

    Reading 68.3 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    30.7% below

    Price is 30.7% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 4 unusual options signals.

    See smart money
  • Earnings risksupportive

    Reports in 83 days

    Next report Jan 27, 2027, 83 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +4.8% on average

    From this point in the calendar, the next 20 trading days averaged +4.8% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Seagate Technology stock chart and price history

Seagate Technology closed at $557.06 on Nov 4, 2026, +109.8% over the past year, inside a 52-week range of $228.61 to $1,145.00.

Close50-day average200-day averageVolume
Seagate Technology share price, past year, with 50-day and 200-day moving averages and volume$200$400$800$1000DecJan 2026FebMarAprMayJunJulAugSepOct557.06

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−30.9%
3 months
−34.7%
6 months
−29.2%
1 year
+109.8%
The full STX chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open STX in Gekko

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About Seagate Technology

Seagate Technology makes hardware and platforms for storing and moving data at scale. Its offerings cover enterprise nearline hard disk drives, solid-state drives, and full nearline systems, along with drives built for video and imaging work, network-attached storage, and Mission Critical products that keep older systems running. For everyday users it sells external drives under names like Ultra Touch, One Touch, Expansion, and the LaCie label, plus internal drives for desktops and notebooks, DVR storage, and SSDs aimed at gaming. It also runs Lyve, a platform for handling large volumes of data from the edge into the cloud.

The company sells mainly to original equipment manufacturers, distributors, and retailers, who then bring its storage products to businesses and consumers.

Seagate Technology was founded in 1978 and is based in Dublin, Ireland, with operations in Singapore, the United States, the Netherlands, and other locations. Its shares trade on the NASDAQ under the ticker STX.

Listed
NASDAQ
Sector
Electronic technology
Industry
Computer peripherals
Website
seagate.com

Seagate Technology GekkoIndex: the smart money zone

Seagate Technology’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 68.3, in the Accumulation zone, up 3.1 points over five sessions.

010068.3Accumulation

Up 3.1 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying24+1.9%+5.5%+11.4%+36.8%
Accumulation (current zone)152+1.9%+2.9%+4.1%+18.4%
Neutral423+1.6%+3.3%+7.9%+22.7%
Distribution96+2.5%+5.8%+11.7%+24.2%
Selling2Too few readings yet

Average STX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the STX price, zone by zone.Track STX in Gekko

Is Seagate Technology stock overvalued? Gekko Fair Value

Seagate Technology trades 30.7% below Gekko Fair Value of $803.62, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Seagate Technology shares are worth, recalculated every trading day.

$803.62

Gekko Fair Value, Nov 4, 2026

30.7% Undervalued

At the end of Aug 2026 the price was 20.1% below the estimate.

Gekko Fair ValueShare price, month end
$804$606Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open STX in Gekko

Seagate Technology insider and Congress trading

No open-market insider purchases were filed for Seagate Technology, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for STX in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every STX insider filing, plotted on the chart in Gekko.Open STX in Gekko

Congress trades last 90 days

No trades in STX were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for STX, plotted on the chart in Gekko.Open STX in Gekko

Buybacks

Seagate Technology has been buying back its own shares.

Bought back, quarter ended Oct 2, 2026
$400.0M
As a share of market cap
0.31%

From company filings.

Unusual options activity last 30 days

4signals, 53% of the flagged premium in calls.

Latest: Bullish flow on Oct 31, $33.19M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

10of the funds Gekko tracks hold STX.

1added6opened3trimmed0sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Seagate Technology earnings: next date and track record

Seagate Technology reports on Jan 27, 2027, after the close (83 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±10.7%average move across the report
6 of 8reports followed by a gain

Share-price move across each report

+10.8%Jan ’25+10.8%Apr ’25−2.0%Jul ’25+15.3%Oct ’25+23.6%Jan ’26+8.0%Apr ’26−6.4%Jul ’26+8.3%Oct ’26

Last earnings call, Oct 27, 2026 AI summary

What they said
Seagate reported exceptional fiscal Q1 2027 results with revenue up 60%+ year-over-year and record non-GAAP EPS of $7.68, nearly tripling year-over-year. Record gross and operating margins were achieved alongside record free cash flow of ~$1.5 billion. Data center and edge IoT segments grew 18% and 13% sequentially. Seagate shipped a record 198 exabytes of nearline capacity and regained investment-grade status while boosting its quarterly dividend to $0.76 per share.
Guidance
Management expects strong sequential revenue growth and gross margin expansion throughout fiscal 2027, with a meaningful step-up in December quarter nearline exabyte shipments. Long-term nearline exabyte supply growth is targeted at mid-20% CAGR, with demand visibility extending beyond 2030.
ReportedEPSSurpriseRevenueSurpriseMove
Oct 27, 2026$7.68
est $7.44
+3.2%$4.23B
est $4.15B
+2.0%+8.3%
Jul 28, 2026$5.48
est $4.89
+12.1%$3.63B
est $3.50B
+3.7%−6.4%
Apr 28, 2026$4.10
est $3.52
+16.5%$3.11B
est $2.96B
+5.1%+8.0%
Jan 27, 2026$3.11
est $2.84
+9.5%$2.83B
est $2.73B
+3.6%+23.6%
Oct 28, 2025$2.61
est $2.40
+8.8%$2.63B
est $2.55B
+3.2%+15.3%
Jul 29, 2025$2.59
est $2.45
+5.7%$2.44B
est $2.42B
+0.9%−2.0%
Apr 29, 2025$1.90
est $1.74
+9.2%$2.16B
est $2.12B
+1.7%+10.8%
Jan 21, 2025$2.03
est $1.87
+8.6%$2.33B
est $2.32B
+0.2%+10.8%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Seagate Technology stock forecast and analyst price targets

Analysts’ average 12-month price target for Seagate Technology is $1,044.83, +87.6% from the last close, from 17 firms rating the stock in the last 90 days.

$1,044.83consensus 12-month target, +87.6% from the last close
Low $750High $1,350
Buy14
Hold3
Sell0

Each firm’s latest rating in the last 90 days: 17 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 29WedbushBuy, reiterated$1,000+79.5%
Oct 28Evercore ISIBuy, maintained$1,000+79.5%
Oct 28CitiBuy, reiterated$1,050+88.5%
Oct 28UBSHold, reiterated$750+34.6%
Oct 28Robert W. BairdBuy, maintained$1,350+142.3%
+4.1%average 20-day move after past Accumulation readings
+4.8%average move over the next 20 trading days in the last 5 years
±9%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Seagate Technology seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Seagate Technology averaged +4.8% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+10.6%2021+2.2%2022+8.2%2023−1.1%2024+3.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+7.9%5 of 5
Next 10 trading days+3.3%4 of 5
Next 15 trading days+3.8%5 of 5
Next 20 trading days+4.8%4 of 5
Next 30 trading days+6.2%3 of 5

For scale, STX’s typical 20-trading-day move in either direction is about 8.3%.

Seagate Technology market cap and key statistics

Seagate Technology’s market cap is $127.9B, with a P/E ratio of 31.1 and revenue of $13.80B over the last twelve months.

Valuation

Market cap
$127.9B
P/E ratio
31.1
Forward P/E
17.1
EPS, TTM
$19.07
Gekko Fair Value
$803.62

Trading

Volume
6.75M
Avg volume, 20 days
5.49M
52-week high
$1,145.00
52-week low
$228.61
Shares outstanding
229.6M

Financials

Revenue, TTM
$13.80B
Profit margin
31.9%
Return on equity
259.4%
Quarterly earnings growth, YoY
+212.3%

Risk and income

Beta
2.20
Typical daily move
±9%
Typical 20-day move
±8.3%
Dividend yield
0.46%

Seagate Technology peers

Seagate Technology’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
ANETArista Networks−0.3%Accumulation3.3% above
SNDKSandisk−3.9%Buying34.5% below
WDCWestern Digital−2.9%Accumulation28.7% below
NTAPNetApp−1.9%Accumulation12.6% above
LOGILogitech International S.A. -+3.2%Accumulation11.1% below
EXTRExtreme Networks−3.8%Accumulation7.2% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Seagate Technology stock FAQ

What is Seagate Technology’s market cap?

Seagate Technology’s market cap is $127.9B at the Nov 4, 2026 close of $557.06, with 229.6M shares outstanding. The shares trade on a P/E ratio of 31.1.

What is the Seagate Technology stock forecast?

The consensus analyst 12-month price target for Seagate Technology is $1,044.83, +87.6% from the last close. Of the 17 firms that rated the stock in the last 90 days, 14 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Seagate Technology stock overvalued or undervalued?

On Gekko’s estimate Seagate Technology is undervalued: the Nov 4, 2026 close of $557.06 is 30.7% below Gekko Fair Value of $803.62. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Seagate Technology report earnings next?

Seagate Technology is expected to report on Jan 27, 2027, after the market closes (83 days away). Analysts expect earnings of $9.22 per share on revenue of $4.80B. Seagate Technology beat the earnings estimate in 8 of its last 8 reports, moving 10.7% on average across the report.

What is Seagate Technology’s 52-week high and low?

Seagate Technology’s 52-week high is $1,145.00 and its 52-week low is $228.61; it closed at $557.06 on Nov 4, 2026, +109.8% over the past year.

Is Seagate Technology stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Seagate Technology?

Gekko flagged 4 unusual options signals in Seagate Technology over the last 30 days, with $36.06M of flagged premium in calls and $31.95M in puts. The latest, bullish flow, was on Oct 31, 2026 with $33.19M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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