Executive Summary
Generated July 30, 2026
Semiconductors
Seagate Technology
Strategic importance is our editorial rating of how central this entity is to the technology landscape we track; confidence reflects how well-sourced and current the underlying evidence is.
0
Chokepoint Score
no direct dependencies recorded in the graph
Steady
Momentum
insider filing activity unchanged since last check
Headquarters
Fremont, California, USA
Website
Employees
30,000 (FY2025 10-K)
Founded
1978
Listing
STX · NASDAQ
Market Cap
—
Revenue (TTM)
$11.01B
Price
USD747.3 (-16.21%)
Market data as of Jul 29, 2026, 11:25 AM · Source: Yahoo Finance (delayed). Not investment advice.
Overview
A major data storage company and Western Digital's primary global competitor in hard disk drives, positioned to benefit from the same AI-driven data storage growth reshaping the broader memory and storage sector. Seagate reported March-2026-quarter revenue of approximately $3.1 billion (44% year-over-year growth) with datacenter revenue up 28% to $2.2 billion, and fiscal Q3 2026 adjusted EPS of $4.10 versus $3.51 consensus — its fourth consecutive quarterly earnings beat — as its second-generation HAMR platform 'Mozaic 4' began shipping in late March.
Strategic Connections
- AI Data Centers: Seagate supplies high-capacity hard drives used for bulk storage in hyperscale and AI data centers.
- Western Digital: Seagate Technology is Western Digital's primary global competitor in hard disk drive storage.
Strategic Risks
- Faces long-term competitive pressure from solid-state storage in some use cases
Future Outlook
- Positioned to benefit from AI-driven enterprise and cloud storage capacity growth
Sources
3 sources, 87% average source confidence — full citations in the Full Analyst Report.
Generated by InsightNodes — Technology Intelligence Platform. This report reflects sourced, evidence-backed information as of the dates cited above and is not investment advice.
Viewing the Executive Summary — switch to the Full Analyst Report.