Seagate Technology's 15min chart sees Bollinger Bands expanding downward, bearish marubozu.

Seagate Technology's 15-minute chart has recently exhibited a bearish trend, as indicated by the Bollinger Bands Expanding Downward and the appearance of a Bearish Marubozu candle at 08/29/2025 11:45. This suggests that the market is currently being driven by sellers, who are exerting control over market sentiment. As a result, it is likely that bearish momentum will continue to prevail.

Seagate Technology Holdings PLC (STX) has seen its stock price exhibit a bearish trend in recent days, as indicated by the expansion of Bollinger Bands downward and the appearance of a Bearish Marubozu candle on August 29, 2025, at 11:45. This suggests that the market is currently being driven by sellers, who are exerting control over market sentiment. As a result, it is likely that bearish momentum will continue to prevail.

Despite the bearish trend, Seagate's most recent earnings report provided a positive outlook. The company reported fourth-quarter fiscal 2025 non-GAAP earnings of $2.59 per share, beating the Zacks Consensus Estimate by 5.3% [1]. Revenues of $2.44 billion also exceeded the Zacks Consensus Estimate by 1.6%, rising 30% year over year. Mass capacity revenues surged 40% year over year to $2 billion, driven by strong nearline cloud demand. Seagate's performance reflects the tailwinds of massive data growth driven by hyperscale cloud customers, AI workloads, and edge computing.

The company's guidance for the first quarter of fiscal 2026 remains optimistic, with a cautious tone due to evolving tax and policy environments. Management anticipates first-quarter revenues of $2.5 billion (+/- $150 million) and non-GAAP earnings of $2.3 per share (+/- 20 cents) [1]. Estimates have been broadly trending upward for the stock, with the magnitude of revisions looking promising [1].

Seagate Technology has announced plans to resume share buybacks in the September quarter, underscoring its confidence in the financial strength and outlook post a strong fiscal 2025 performance [2]. The company expects cash generation to expand in the back half of calendar 2025, even with a large variable compensation payout in the current quarter. This indicates that Seagate is well-positioned to balance growth with meaningful capital returns, thereby enhancing shareholder value in fiscal 2026 and beyond.

While the market sentiment is currently bearish, Seagate's strong financial performance and positive outlook suggest that the stock may be undervalued. Investors should closely monitor the company's earnings releases and guidance updates for further insights into its growth prospects.

References:
[1] https://www.nasdaq.com/articles/why-seagate-stx-134-last-earnings-report
[2] https://www.theglobeandmail.com/investing/markets/stocks/STX/pressreleases/34454779/seagate-resumes-buybacks-amid-rising-free-cash-flow-momentum/