Seagate Technology (STX)
NASDAQInformation TechnologyComputer HardwareSnapshot 2026-11-05
$466.53-16.25%
Close 2026-11-05 · 1-day change
NASDAQInformation TechnologyComputer HardwareSnapshot 2026-11-05
QuarterlyIQ Insights · STX
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
“Data creation, retention and reuse continue to compound storage demand with long term customer demand visibility reinforcing our view of a multi-year growth phase.
Stated in 8 of 8 supplied quarters. Management reported: ““Data creation, retention and reuse continue to compound storage demand with long term customer demand visibility reinforcing our view of a multi-year growth phase.” “Our performance is being driven by robust cloud data center demand and disciplined execution, and we see the momentum continuing in 2027,” said Dave Mosley, Seagate’s chair and chief executive officer.” Revenue was $4.233 billion in 2027-Q1.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated strong grew net income 65% of the time over the next year (vs 52% for the rest of the cohort, n=6380).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
““Data creation, retention and reuse continue to compound storage demand with long term customer demand visibility reinforcing our view of a multi-year growth phase.”
“Our performance is being driven by robust cloud data center demand and disciplined execution, and we see the momentum continuing in 2027,” said Dave Mosley, Seagate’s chair and chief executive office…”
““We believe Seagate is entering a new era of structural growth as AI applications amplify data creation and support sustained storage demand.”
“This performance highlights our team’s strong operational execution, the durability of data center demand, and the ongoing ramp of our HAMR-based Mozaic products,” said Dave Mosley, Seagate’s chair a…”
“AI is transforming how content is being consumed and generated, increasing the value of data and storage and Seagate is well positioned for continued profitable growth," Mosley concluded.”
“For the fiscal year, revenue increased 39%, non-GAAP gross profit dollars nearly doubled and operating profit more than tripled, demonstrating our focus on supply / demand alignment and ongoing cost…”
“While we navigate the current dynamic macroeconomic environment, we are confident that our technology leadership, resilient financial model and solid industry fundamentals will drive profitable growt…”
“Looking ahead, we believe Seagate is in a great position to deliver profitable growth in fiscal 2025," Mosley concluded.”
Our HAMR-based technology roadmap enables us to address growing exabyte demand through areal density gains while maintaining supply discipline.
Stated in 8 of 8 supplied quarters. Management reported: “Our HAMR-based technology roadmap enables us to address growing exabyte demand through areal density gains while maintaining supply discipline.” “Seagate is well positioned to address strengthening exabyte demand through our Mozaic platform and differentiated HAMR technology roadmap, enabling customers to scale efficiently while supporting our ability to drive profitable growth and value creation,” Mosley concluded.”
“Our HAMR-based technology roadmap enables us to address growing exabyte demand through areal density gains while maintaining supply discipline.”
“Seagate is well positioned to address strengthening exabyte demand through our Mozaic platform and differentiated HAMR technology roadmap, enabling customers to scale efficiently while supporting our…”
“Our areal density-driven product strategy enables us to deliver higher-capacity, energy- and capital-efficient storage at scale.”
“Our areal-density-driven product roadmap positions us to meet the evolving storage requirements and exabyte demand growth, while creating significant value for our customers and shareholders for year…”
“"With clear visibility into sustained demand strength, we are ramping shipments of our areal density-leading Mozaic HAMR products, which are now qualified with five of the world’s largest cloud custo…”
“A top priority during fiscal ‘26 is executing our 4 plus terabyte per disk qualification and volume ramp.”
“"We remain focused on executing our HAMR product ramp to support ongoing cloud customer demand.”
“We began ramping HAMR-based Mozaic products to our lead cloud customer in the December quarter and are already sampling in capacities of up to 36 terabytes.”
Looking ahead to fiscal ’26, we anticipate capital expenditures to be inside our target range of 4-to-6% of revenue while we continue maintaining capital discipline.
Stated in 1 of 8 supplied quarters. Management reported: “Looking ahead to fiscal ’26, we anticipate capital expenditures to be inside our target range of 4-to-6% of revenue while we continue maintaining capital discipline.” “Reflecting our confidence, we expect to resume share repurchases later this quarter, enhancing capital returns to shareholders.”
“Looking ahead to fiscal ’26, we anticipate capital expenditures to be inside our target range of 4-to-6% of revenue while we continue maintaining capital discipline.”
Our HAMR-based technology roadmap enables us to address growing exabyte demand through areal density gains while maintaining supply discipline.
Stated in 2 of 8 supplied quarters. Management reported: “Our HAMR-based technology roadmap enables us to address growing exabyte demand through areal density gains while maintaining supply discipline.” “For the fiscal year, revenue increased 39%, non-GAAP gross profit dollars nearly doubled and operating profit more than tripled, demonstrating our focus on supply / demand alignment and ongoing cost discipline.”
“Our HAMR-based technology roadmap enables us to address growing exabyte demand through areal density gains while maintaining supply discipline.”
“For the fiscal year, revenue increased 39%, non-GAAP gross profit dollars nearly doubled and operating profit more than tripled, demonstrating our focus on supply / demand alignment and ongoing cost…”
Sustain operating execution and cash generation as part of the company’s stated focus on profitable growth and shareholder returns.
Over the trailing year it converted 1.01x of net income into operating cash flow. Historically, Information Technology names rated fragile grew net income 43% of the time over the next year (vs 59% for the rest of the cohort, n=3136).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates (low R² over the window).
38 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated volatile grew net income 52% of the time over the next year (vs 57% for the rest of the cohort, n=6008).
Not investment advice. As of 2026-11-05.