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Seagate Technology Holdings (STX, Technology Hardware Storage & Peripherals) Stock Valuation & Fair Value Significantly overvalued

Seagate Technology Holdings (STX, Technology Hardware Storage & Peripherals) trades at a blended P/E of 40.9, about 136% above its historical normal valuation, with a forward growth estimate of 63.5% and a PEG of 0.64. Analysts' one-year estimates have been hit 27% of the time. Priced at its historical normal P/E of 17.3 on the same blended earnings, the 2026-10-02 close of $848.99 corresponds to about $359 a share. This is a valuation reference, not a price target.

Blended P/E
40.9
Normal P/E
17.3
PEG
0.64
Fwd growth
63.5%
Div yield
0.3%
RSI (14)
39.1
Neutral
Technical context
  • Price $774.83 at the 2026-10-08 close, 10.0% below the 20-day average ($860.87) and 9.5% below the 50-day ($856.08).
  • RSI (14) at 39.1.
  • 52-week range $210.39 to $1,092.38: the price is 29.1% below the high and 268.3% above the low.
  • At its last earnings report the options market priced an 18% move.

The Street vs SeerForecast

Wall Street's mean price target for STX is $1,125.00 across 23 analysts, 45.2% above the current price. The average analyst rating is Strong Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from favorable on our tests (2026-06-03) to significantly overvalued (2026-10-05). New rating rules took effect in the week of 2026-09-28, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

Blended P/E and rating by weekBlended P/E moved from 61.8 to 40.9 between 2026-06-03 and 2026-10-02, against a normal P/E of 17.3, with 1 rating change over 37 recorded weeks.2026-06-03: P/E 61.8, Favorable on our tests, recalculated for the week of 2026-06-032026-06-10: P/E 58.9, Favorable on our tests, recalculated for the week of 2026-06-102026-06-12: P/E 58.9, Favorable on our tests, recalculated for the week of 2026-06-142026-06-16: P/E 58.9, Favorable on our tests, recalculated for the week of 2026-06-162026-06-18: P/E 58.9, Favorable on our tests, recalculated for the week of 2026-06-212026-07-02: P/E 61.5, Favorable on our tests, recalculated for the week of 2026-07-022026-07-06: P/E 55.0, Favorable on our tests, recalculated for the week of 2026-07-062026-07-09: P/E 55.0, Favorable on our tests, recalculated for the week of 2026-07-092026-07-10: P/E 59.8, Favorable on our tests, recalculated for the week of 2026-07-122026-07-13: P/E 59.8, Favorable on our tests, recalculated for the week of 2026-07-132026-07-14: P/E 59.8, Favorable on our tests, recalculated for the week of 2026-07-142026-07-20: P/E 50.8, Favorable on our tests, recalculated for the week of 2026-07-202026-07-22: P/E 50.8, Favorable on our tests, recalculated for the week of 2026-07-222026-07-24: P/E 54.0, Favorable on our tests, recalculated for the week of 2026-07-252026-07-27: P/E 54.0, Favorable on our tests, recalculated for the week of 2026-07-272026-07-31: P/E 49.5, Favorable on our tests, recalculated for the week of 2026-07-312026-07-31: P/E 49.6, Favorable on our tests, recorded live 2026-08-032026-08-07: P/E 48.5, Favorable on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 46.0, Favorable on our tests, recorded live 2026-08-102026-08-14: P/E 51.2, Favorable on our tests, recalculated for the week of 2026-08-142026-08-14: P/E 54.0, Favorable on our tests, recorded live 2026-08-172026-08-21: P/E 46.4, Favorable on our tests, recalculated for the week of 2026-08-212026-08-21: P/E 46.2, Favorable on our tests, recorded live 2026-08-242026-08-27: P/E 46.2, Favorable on our tests, recalculated for the week of 2026-08-272026-08-28: P/E 45.3, Favorable on our tests, recalculated for the week of 2026-08-282026-08-28: P/E 44.2, Favorable on our tests, recalculated for the week of 2026-08-302026-08-28: P/E 44.2, Favorable on our tests, recorded live 2026-08-312026-09-04: P/E 44.4, Favorable on our tests, recalculated for the week of 2026-09-052026-09-04: P/E 44.4, Favorable on our tests, recorded live 2026-09-072026-09-11: P/E 42.5, Favorable on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 42.5, Favorable on our tests, recorded live 2026-09-142026-09-18: P/E 43.1, Favorable on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 43.1, Favorable on our tests, recorded live 2026-09-212026-09-25: P/E 45.0, Favorable on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 45.0, Significantly overvalued, recorded live 2026-09-282026-10-02: P/E 40.9, Significantly overvalued, recalculated for the week of 2026-10-032026-10-02: P/E 40.9, Significantly overvalued, recorded live 2026-10-0520.040.060.0Jun 3Jul 3Aug 2Sep 2Oct 2Normal P/E 17.3
Favorable on our testsSignificantly overvaluedLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 61.8+324%Favorable on our tests (recalculated)
2026-09-28P/E 45.0+160%Significantly overvalued (across a rating rules change)
2026-10-03P/E 40.9+136%Significantly overvalued (recalculated)
2026-10-05P/E 40.9+136%Significantly overvalued ← now
Show all 37 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 61.8+324%Favorable on our tests (recalculated)
2026-06-10P/E 58.9+303%Favorable on our tests (recalculated)
2026-06-14P/E 58.9+303%Favorable on our tests (recalculated)
2026-06-16P/E 58.9+303%Favorable on our tests (recalculated)
2026-06-21P/E 58.9+303%Favorable on our tests (recalculated)
2026-07-02P/E 61.5+321%Favorable on our tests (recalculated)
2026-07-06P/E 55.0+277%Favorable on our tests (recalculated)
2026-07-09P/E 55.0+277%Favorable on our tests (recalculated)
2026-07-12P/E 59.8+310%Favorable on our tests (recalculated)
2026-07-13P/E 59.8+310%Favorable on our tests (recalculated)
2026-07-14P/E 59.8+310%Favorable on our tests (recalculated)
2026-07-20P/E 50.8+248%Favorable on our tests (recalculated)
2026-07-22P/E 50.8+248%Favorable on our tests (recalculated)
2026-07-25P/E 54.0+270%Favorable on our tests (recalculated)
2026-07-27P/E 54.0+270%Favorable on our tests (recalculated)
2026-07-31P/E 49.5+186%Favorable on our tests (recalculated)
2026-08-03P/E 49.6+186%Favorable on our tests
2026-08-07P/E 48.5+180%Favorable on our tests (recalculated)
2026-08-10P/E 46.0+166%Favorable on our tests
2026-08-14P/E 51.2+196%Favorable on our tests (recalculated)
2026-08-17P/E 54.0+212%Favorable on our tests
2026-08-21P/E 46.4+168%Favorable on our tests (recalculated)
2026-08-24P/E 46.2+167%Favorable on our tests
2026-08-27P/E 46.2+167%Favorable on our tests (recalculated)
2026-08-28P/E 45.3+161%Favorable on our tests (recalculated)
2026-08-30P/E 44.2+155%Favorable on our tests (recalculated)
2026-08-31P/E 44.2+155%Favorable on our tests
2026-09-05P/E 44.4+156%Favorable on our tests (recalculated)
2026-09-07P/E 44.4+156%Favorable on our tests
2026-09-12P/E 42.5+145%Favorable on our tests (recalculated)
2026-09-14P/E 42.5+145%Favorable on our tests
2026-09-19P/E 43.1+149%Favorable on our tests (recalculated)
2026-09-21P/E 43.1+149%Favorable on our tests
2026-09-26P/E 45.0+160%Favorable on our tests (recalculated)
2026-09-28P/E 45.0+160%Significantly overvalued (across a rating rules change)
2026-10-03P/E 40.9+136%Significantly overvalued (recalculated)
2026-10-05P/E 40.9+136%Significantly overvalued ← now

Earnings moves: STX moved more than the options market implied in 0 of 1 recent tracked reports.

Frequently asked questions

Is Seagate Technology Holdings stock overvalued?

At a blended P/E of 40.9 versus its historical normal P/E of 17.3, Seagate Technology Holdings trades about 136% above its typical valuation, with a PEG of 0.64 on 63.5% forward growth. tickerseer currently rates it significantly overvalued.

What is Seagate Technology Holdings's fair value and PEG?

Seagate Technology Holdings trades at a blended P/E of 40.9 against a historical normal P/E of 17.3, a PEG of 0.64, and a forward growth estimate of 63.5%. Priced at its historical normal P/E of 17.3 on the same blended earnings, the 2026-10-02 close of $848.99 corresponds to about $359 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Seagate Technology Holdings changed?

tickerseer's rating moved from favorable on our tests (2026-06-03) to significantly overvalued (2026-10-05). New rating rules took effect in the week of 2026-09-28, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

What is the analyst price target for Seagate Technology Holdings?

The mean Wall Street price target for Seagate Technology Holdings is $1,125.00 across 23 analysts, 45.2% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Technology Hardware Storage & Peripherals. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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