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Seagate Technology (STX) Stock Analysis

Technology Updated August 23, 2026
$848.70
52W $158.68 – $1145.00
59/100
$190.59B
58.5
2.10
AI Committee Verdict
Buy
59/100
Conviction: Contested · 67% agreement · 6 analysts
+34.9%
-59.5%
0.59:1
Contested
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.

Is STX Bullish or Bearish?

Bullish. Innellis AI committee rates Seagate Technology (STX) Buy with a composite score of 59/100 , based on 6 analysts with 67% agreement. Last updated August 23, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +16.36 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -3.64 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Growth Analyst sees a compelling case — revenue growing 34.1% yoy -- genuine top-line momentum. Risk Analyst remains cautious — high leverage (debt-to-equity 1.65) amplifies downside in a stress scenario. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • ROE of 212.4% shows genuine earnings power backing the valuation — Value
  • Dividend yield of 3.7% pays you to wait — Value
  • Revenue growing 34.1% YoY -- genuine top-line momentum — Growth
  • EPS growing 104.5% YoY — Growth
  • 5 consecutive earnings beats -- consistent execution — Growth
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
Bear Case
  • P/E of 65.6 is expensive by classic value standards — Value
  • Price-to-book of 84.9x prices in significant intangible value — Value
  • Debt-to-equity of 1.65 adds balance-sheet risk to the value case — Value
  • High leverage (debt-to-equity 1.65) amplifies downside in a stress scenario — Risk
  • Bollinger bandwidth of 28.3% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 23, 2026
Overall Committee Score
59/100
Agreement
67%
Analysts
6
Conviction
Contested
Sector Rank
Top 45%
of 287 Technology peers
Value Analyst bearish
40 / 100 · High confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
+ ROE of 212.4% shows genuine earnings power backing the valuation
− P/E of 65.6 is expensive by classic value standards
Growth Analyst bullish
84 / 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 34.1% YoY -- genuine top-line momentum
Technical Analyst bullish
69 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
Risk Analyst bearish
32 / 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 1.65) amplifies downside in a stress scenario
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst bullish
62 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
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Investment Thesis Evolution

Committee score moved marginally from 58.6 to 58.6.

Comparing 2026-08-22 to 2026-08-23 (1 day apart).

Technical Analysis

RSI (14)
45.6
Neutral
MACD Histogram
0.892
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Support
$343.48
Resistance
$1144.80
Bollinger %B
0.49
Inside Bands
Price vs Moving Averages
EMA 9
$874.00 Below
EMA 21
$868.05 Below
EMA 50
$852.34 Below
EMA 200
$622.86 Above

Fundamental Analysis

Valuation
33
Growth
89
Profitability
91
Financial Health
51
Cash Flow
70
Valuation
P/E Ratio 58.5×
P/B Ratio 85.90×
PEG Ratio 0.53
Dividend Yield 0.35%
52W High $1145.00
52W Low $158.68
Quality & Growth
ROE 14693.1%
ROA 3192.9%
Gross Margin 4557.6%
Operating Margin 3357.1%
Revenue Growth YoY
Debt / Equity 1.78
AI Fundamental Assessment
P/E ratio of 58.5 (rich relative to a 15-40x range); Price-to-book of 85.9x; PEG ratio of 0.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 146.9%; Return on assets of 31.9%; Net margin of 26.1%; Gross margin of 45.6%; Current ratio of 1.59 (healthy short-term liquidity); Debt-to-equity of 1.78; Free cash flow per share is positive (15.19); Most recent quarter beat estimates by 11.1%; 5 consecutive earnings beats; EPS growth accelerating (+31.8% -> +39.3% QoQ); Average YoY EPS growth of 120.5%; Analyst estimates rising over recent quarters
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