Seagate Technology outpaced earnings and revenue estimates for its latest quarter, but portended challenges from a geopolitical angle.
The data storage company reported fiscal second-quarter earnings of $1.34 per share – compared to analysts’ expectation of $1.27 a share. The figure was also higher than 55 cents per share of the year-ago period. Net income increased to $384 million, from $159 million of the same quarter a year ago.
Revenue for the quarter came in at $2.72 billion, higher than analysts’ estimate of $2.71 billion (according FactSet). However, revenue was -6.5% lower from the year-ago quarter.
Seagate CEO Dave Mosley recognized headwinds from geopolitical uncertainties for the storage industry, but also indicated his faith in long-term growth of demand.
STX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 27 cases where STX's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on July 21, 2026. You may want to consider a long position or call options on STX as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
STX moved above its 50-day moving average on July 21, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where STX advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .
The 10-day RSI Indicator for STX moved out of overbought territory on June 23, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Moving Average Convergence Divergence Histogram (MACD) for STX turned negative on June 26, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for STX crossed bearishly below the 50-day moving average on July 15, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where STX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for STX entered a downward trend on July 22, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 86, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. STX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: STX's P/B Ratio (188.679) is very high in comparison to the industry average of (11.055). P/E Ratio (86.657) is within average values for comparable stocks, (44.237). Projected Growth (PEG Ratio) (0.632) is also within normal values, averaging (3.971). Dividend Yield (0.003) settles around the average of (0.019) among similar stocks. P/S Ratio (18.692) is also within normal values, averaging (72.250).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a designer of data storage products
Industry ComputerProcessingHardware