Stx.Ax
STX.AX is an oil and gas exploration and production company operating in the Energy - Fossil Fuels sector.
Business. Seagate Technology Holdings PLC (STX.O) is a technology equipment company operating in the computer hardware industry, primarily engaged in the sale of computers and peripherals. The firm is listed on the NASDAQ exchange under the ticker symbol STX.O. Specific details regarding its operating segments and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level as a provider of hardware products within the broader technology sector.
Analyst recommendations
4 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
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Upcoming catalysts
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- Company
- EarningsFY 2026 earnings (expected)2026-09-04 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressJulie Johnson — Seagate Technology Holdings PLC2025-12-18 · Democrat · TX · Sale · $1,001 - $15,000
- CongressJulie Johnson — Seagate Technology Holdings PLC2025-11-13 · Democrat · TX · Sale · $1,001 - $15,000
- CongressLisa McClain — Seagate Technology Holdings PLC2025-09-08 · Republican · MI · Purchase · $15,001 - $50,000
- CongressJulie Johnson — Seagate Technology Holdings PLC2025-08-14 · Democrat · TX · Sale · $1,001 - $15,000
- CongressJulie Johnson — Seagate Technology Holdings PLC2025-07-29 · Democrat · TX · Sale · $1,001 - $15,000
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Seagate Technology Holdings PLC (STX.O) is a technology equipment company operating in the computer hardware industry, primarily engaged in the sale of computers and peripherals. The firm is listed on the NASDAQ exchange under the ticker symbol STX.O. Specific details regarding its operating segments and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level as a provider of hardware products within the broader technology sector.
The company's capital structure is characterized by a debt-to-equity ratio of 0.27, indicating a relatively low level of leverage. However, the company's liquidity position is assessed as medium, with a current ratio of 2.05, suggesting it has sufficient short-term assets to cover its short-term liabilities. The company's free cash flow is negative at -192.22 million AUD, which is a concern for its ability to fund operations and growth without external financing.
Profitability metrics show that the company is currently unprofitable, with a return on equity of -53.07% and a return on assets of -36.88%. These figures are significantly below the industry median for the Oil & Gas Exploration and Production sector, indicating that the company is underperforming its peers in terms of generating returns for shareholders and utilizing its assets efficiently.
The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no significant geographic diversification reported. This concentration increases the company's exposure to market and operational risks specific to its primary operations.
The company's growth trajectory is uncertain, with no specific revenue growth projections provided in the available data. The negative operating income of -128.11 million AUD and net income of -157.33 million AUD suggest that the company is currently facing operational challenges and may require significant cost restructuring or revenue growth to return to profitability.
The company's risk profile includes a medium liquidity risk and a low dilution risk. The negative free cash flow and capital expenditure of -87.00 million AUD indicate that the company is investing in its operations but is not generating sufficient cash to fund these investments internally. The risk assessment also notes that the company's net cash is negative after subtracting total debt, which could necessitate additional financing in the near term.
Recent events and disclosures have not been provided in the available data, so no specific recent filings or transcripts can be referenced.
- The company is currently unprofitable with a return on equity of -53.07% and a return on assets of -36.88%.
- The company's liquidity position is medium, with a current ratio of 2.05, but it has a negative free cash flow of -192.22 million AUD.
- The company's capital structure is relatively unleveraged, with a debt-to-equity ratio of 0.27.
- The company's revenue is concentrated in a single business segment, increasing its exposure to market and operational risks.
- The company's growth trajectory is uncertain, with no specific revenue growth projections provided in the available data.
- **margin_outlook_rationale**: The company's gross profit is negative at -1.77 million AUD, indicating a need for cost restructuring or price increases to improve margins.
- **rd_outlook_rationale**: No specific R&D expenditures or outlook were provided in the available data.
Bull / Bear case
Generated · model-assistedSeagate's 338.5% net income surge to $1.47 billion in FY2025 signals a robust operational recovery and strong profitability rebound.
Free cash flow improved by 456.2% year-over-year to $855 million in FY2025, demonstrating significant cash generation capability.
Revenue growth of 38.9% year-over-year to $9.1 billion in FY2025 indicates strong top-line momentum and market demand recovery.
High credit risk flags and a negative debt-to-equity ratio of -11.03 suggest significant leverage concerns and financial instability.
A four-year revenue CAGR of -3.9% highlights a long-term structural decline in top-line growth despite recent recovery.
Medium liquidity risk flags combined with a current ratio of 1.38 indicate potential short-term solvency pressures.
In focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,01 |
| Revenue | —no estimate | —no estimate | 69,9M AUD |
| Operating income | —no estimate | —no estimate | -11,4M AUD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- EVP Global Operations · Restricted Share Unit → Ordinary SharesDisposed 678exercise · 2026-06-11
- EVP & CFO · Restricted Share Unit → Ordinary SharesDisposed 1 695exercise · 2026-06-11
- Director, CEO · Restricted Share Unit → Ordinary SharesDisposed 3 319exercise · 2026-06-11
- EVP & Chief Commercial Officer · Restricted Share Unit → Ordinary SharesDisposed 989exercise · 2026-06-11
- EVP & CTO · Restricted Share Unit → Ordinary SharesDisposed 942exercise · 2026-06-11
- Director, CEO · Restricted Share Unit → Ordinary SharesDisposed 2 415exercise · 2026-06-09
- EVP & CFO · Restricted Share Unit → Ordinary SharesDisposed 959exercise · 2026-06-09
- EVP & CFO · Restricted Share Unit → Ordinary SharesDisposed 1 515exercise · 2026-06-09
- EVP Global Operations · Restricted Share Unit → Ordinary SharesDisposed 202exercise · 2026-06-09
- EVP Global Operations · Restricted Share Unit → Ordinary SharesDisposed 379exercise · 2026-06-09
- EVP & Chief Commercial Officer · Restricted Share Unit → Ordinary SharesDisposed 599exercise · 2026-06-09
- EVP & Chief Commercial Officer · Restricted Share Unit → Ordinary SharesDisposed 663exercise · 2026-06-09
- EVP & CTO · Restricted Share Unit → Ordinary SharesDisposed 499exercise · 2026-06-09
- EVP & CTO · Restricted Share Unit → Ordinary SharesDisposed 631exercise · 2026-06-09
- Director, CEO · Restricted Share Unit → Ordinary SharesDisposed 2 815exercise · 2026-06-09
- Director, CEO · NQ Options → Ordinary SharesDisposed 14 000 @ $46,23exercise · 2026-06-01
- Director, CEO · NQ Options → Ordinary SharesDisposed 14 000 @ $46,23exercise · 2026-05-20
- EVP & Chief Commercial Officer · NQ Options → Ordinary SharesDisposed 3 515 @ $64,31exercise · 2026-05-14
- EVP & Chief Commercial Officer · NQ Options → Ordinary SharesDisposed 2 358 @ $101,34exercise · 2026-05-14
- EVP & Chief Commercial Officer · NQ Options → Ordinary SharesDisposed 2 130 @ $68,83exercise · 2026-05-14
- EVP & CLO · Restricted Share Unit → Ordinary SharesDisposed 1 237exercise · 2026-04-22
Physical assets
12 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Project Haber Gas Pipeline | Gas pipeline | Gas | Australia | Parent |
| Project Haber Gas Pipeline | Gas pipeline | Gas | Australia | Registered owner |
| South Erregulla Gas Field (Western Australia, Australia) | Oil gas extraction | Gas | Australia | Registered owner |
| South Erregulla Gas Field (Western Australia, Australia) | Oil gas extraction | Gas | Australia | Parent |
| South Erregulla Gas Pipeline | Gas pipeline | Gas | Australia | Registered owner |
| South Erregulla Gas Pipeline | Gas pipeline | Gas | Australia | Parent |
| South Erregulla Power Plant | Power | Oil & Gas | Australia | Parent |
| South Erregulla Power Plant | Power | Power | Australia | Registered owner |
| South Erregulla Power Plant | Power | Power | Australia | Parent |
| South Erregulla Power Plant | Power | Oil & Gas | Australia | Registered owner |
| West Erregulla Gas Field (Western Australia, Australia) | Oil gas extraction | Gas | Australia | Parent |
| West Erregulla Gas Field (Western Australia, Australia) | Oil gas extraction | Gas | Australia | Registered owner |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- STX.AX Market data — financials · 2026-05-29
- Strike Energy Ltd Market data — analyst estimates · 2026-05-29
Ownership & reference
Insider activity
- EVP & CTO · Ordinary SharesSold 466 @ $880,19$410K · 2026-06-12
- Director, CEO · Ordinary SharesSold 1 768 @ $880,19$1,6M · 2026-06-12
- EVP & CFO · Ordinary SharesSold 903 @ $880,19$795K · 2026-06-12
- EVP & Chief Commercial Officer · Ordinary SharesSold 989 @ $880,19$871K · 2026-06-12
- EVP & CTO · Ordinary SharesSold 898 @ $880,19$790K · 2026-06-12
- EVP & CTO · Ordinary SharesOther 942 · 2026-06-11
- EVP & Chief Commercial Officer · Ordinary SharesOther 989 · 2026-06-11
- EVP Global Operations · Ordinary SharesOther 678 · 2026-06-11
- EVP & CFO · Ordinary SharesOther 1 695 · 2026-06-11
- Director, CEO · Ordinary SharesOther 3 319 · 2026-06-11
- EVP & Chief Commercial Officer · Ordinary SharesSold 663 @ $821,86$545K · 2026-06-10
- Director, CEO · Ordinary SharesSold 1 536 @ $821,74$1,3M · 2026-06-10
- EVP & CTO · Ordinary SharesSold 254 @ $821,66$209K · 2026-06-10
- EVP & CFO · Ordinary SharesSold 524 @ $821,73$430K · 2026-06-10
- Director, CEO · Ordinary SharesSold 1 318 @ $821,75$1,1M · 2026-06-10
- EVP & CTO · Ordinary SharesSold 320 @ $821,65$263K · 2026-06-10
- EVP & CFO · Ordinary SharesSold 827 @ $821,77$680K · 2026-06-10
- EVP & CFO · Ordinary SharesOther 1 515 · 2026-06-09
- EVP & CTO · Ordinary SharesOther 499 · 2026-06-09
- EVP & CTO · Ordinary SharesOther 631 · 2026-06-09
- EVP & Chief Commercial Officer · Ordinary SharesOther 663 · 2026-06-09
- Director, CEO · Ordinary SharesOther 2 815 · 2026-06-09
- Director, CEO · Ordinary SharesOther 2 415 · 2026-06-09
- EVP & CFO · Ordinary SharesOther 959 · 2026-06-09
- EVP Global Operations · Ordinary SharesOther 202 · 2026-06-09
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Total assets (YoY) (2026-01-02 vs 2024-12-27): 9.4%Derived (calculated)
- Current ratio (FY 2026-01-02): 1.12xDerived (calculated)
- Cash & equivalents (YoY) (2026-01-02 vs 2024-12-27): -15.5%Derived (calculated)
- Total liabilities (YoY) (2026-01-02 vs 2024-12-27): -8.7%Derived (calculated)
- Long-term debt (YoY) (2026-01-02 vs 2024-12-27): -32.7%Derived (calculated)
- Shareholders' equity (YoY) (2026-01-02 vs 2024-12-27): 142.5%Derived (calculated)
- Debt-to-equity (FY 2026-01-02): 17.97xDerived (calculated)
- Shareholders' equity (annual): USD 459MSEC XBRL filing
- Cash & equivalents (annual): USD 1.05BSEC XBRL filing
- Total liabilities (annual): USD 8.25BSEC XBRL filing
- Current assets (annual): USD 4.21BSEC XBRL filing
- Shares outstanding (annual): 218.11MSEC XBRL filing
- Long-term debt (annual): USD 3.5BSEC XBRL filing
- Current liabilities (annual): USD 3.76BSEC XBRL filing
- Total assets (annual): USD 8.71BSEC XBRL filing
- Operating cash flow (YoY) (2025-06-27 vs 2024-06-28): 18.0%Derived (calculated)
- Net margin (FY 2025-06-27): 16.1%Derived (calculated)
- Capex (YoY) (2025-06-27 vs 2024-06-28): 4.3%Derived (calculated)
- Cost of revenue (YoY) (2025-06-27 vs 2024-06-28): 17.6%Derived (calculated)
- EPS (basic) (YoY) (2025-06-27 vs 2024-06-28): 333.1%Derived (calculated)
- EPS (diluted) (YoY) (2025-06-27 vs 2024-06-28): 328.5%Derived (calculated)
- Net income (YoY) (2025-06-27 vs 2024-06-28): 338.5%Derived (calculated)
- Operating income (YoY) (2025-06-27 vs 2024-06-28): 318.1%Derived (calculated)
- R&D expense (YoY) (2025-06-27 vs 2024-06-28): 10.7%Derived (calculated)