[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"app-context":3,"blog-seagate-order-book-covers-5-quarters-the-stock-is-down-24-anyway-ZH":150},{"languages":4,"categories":41,"products":125,"competitors":149},[5,9,13,17,21,25,29,33,37],{"name":6,"code":7,"id":8},"English","EN","TGFuZ3VhZ2U6ZW4=",{"name":10,"code":11,"id":12},"Español","ES","TGFuZ3VhZ2U6ZXM=",{"name":14,"code":15,"id":16},"Português","PT","TGFuZ3VhZ2U6cHQ=",{"name":18,"code":19,"id":20},"日本語","JA","TGFuZ3VhZ2U6amE=",{"name":22,"code":23,"id":24},"한국어","KO","TGFuZ3VhZ2U6a28=",{"name":26,"code":27,"id":28},"Deutsch","DE","TGFuZ3VhZ2U6ZGU=",{"name":30,"code":31,"id":32},"Italiano","IT","TGFuZ3VhZ2U6aXQ=",{"name":34,"code":35,"id":36},"Français","FR","TGFuZ3VhZ2U6ZnI=",{"name":38,"code":39,"id":40},"中文 (中国)","ZH","TGFuZ3VhZ2U6emg=",[42,73,104],{"icon":43,"slug":44,"title":45,"description":46,"featuredLinks":47},"mingcute:stock-line","stock-market-basics","Stock Market Basics","\u003Cp>Beginners' guides and practical tips for understanding stock market investing.\u003C\u002Fp>\n",[48,53,58,63,68],{"url":49,"title":50,"description":51,"ogImage":52},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-makes-stocks-go-up-and-down","What Makes Stocks Go Up and Down | TIKR.com","Understanding what makes stock prices go up and down can help investors better navigate investing. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-makes-stocks-go-up-and-down-banner\u002FWhat-makes-stocks-go-up-and-down-banner.jpg?_i=AA",{"url":54,"title":55,"description":56,"ogImage":57},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fdividend-yield-meaning-formula-example","Dividend Yield: Meaning, Formula, Example | Tikr.com Blog | TIKR.com","The dividend yield is a key metric for investors looking to gauge the income potential of their investments. It measures how much a company pays out in","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FDividend-yield\u002FDividend-yield.png?_i=AA",{"url":59,"title":60,"description":61,"ogImage":62},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fmarket-capitalization-definition-formula-and-why-it-matters","Market Capitalization: Definition, Formula, and Why It Matters | TIKR.com","Long-term investors often look at various valuation metrics when deciding whether to invest in a particular company. One helpful metric to evaluate is","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters.png?_i=AA",{"url":64,"title":65,"description":66,"ogImage":67},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fearnings-per-share-definition-formula-and-why-eps-matters","Earnings Per Share: Definition, Formula, and Why EPS Matters | TIKR.com","Earnings Per Share (EPS) represents the portion of a company's net earnings allocated to each share. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEPS-Defiinition-formula-and-why-EPS-matters-1\u002FEPS-Defiinition-formula-and-why-EPS-matters-1.png?_i=AA",{"url":69,"title":70,"description":71,"ogImage":72},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-stock-price-target","What Is a Stock Price Target? | TIKR.com","A price target is a stock's estimated future price. It can help investors quickly find undervalued stocks. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-Stock-Price-Target-2\u002FWhat-is-a-Stock-Price-Target-2.png?_i=AA",{"icon":74,"slug":75,"title":76,"description":77,"featuredLinks":78},"material-symbols:analytics-outline","fundamental-analysis","Fundamental Analysis","\u003Cp>In-depth resources and financial metrics to help you evaluate companies like a pro.\u003C\u002Fp>\n",[79,84,89,94,99],{"url":80,"title":81,"description":82,"ogImage":83},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fshare-repurchase-why-do-companies-buy-back-their-stock","Share Repurchase: Why Do Companies Buy Back Their Stock? | TIKR.com","Share repurchases, or share buybacks, have gained popularity in the last two decades. According to a report from Goldman Sachs, stock buybacks initiated","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e.png?_i=AA",{"url":85,"title":86,"description":87,"ogImage":88},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-invested-capital","What Is a Good Return on Invested Capital? | TIKR.com","Learning about Return on Invested Capital (ROIC) can help investors spot highly profitable stocks that can drive long-term returns. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-Invested-capital\u002FWhat-is-a-good-return-on-Invested-capital.png?_i=AA",{"url":90,"title":91,"description":92,"ogImage":93},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-equity-ratio","What is a Good Return on Equity Ratio | Tikr.com Blog | TIKR.com","Return on Equity (ROE) is a financial ratio that reflects a company's profitability in relation to the equity invested by shareholders. It basically","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-equity-ratio-1\u002FWhat-is-a-good-return-on-equity-ratio-1.jpg?_i=AA",{"url":95,"title":96,"description":97,"ogImage":98},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-p-e-ratio","What Is a Good P\u002FE Ratio? | TIKR.com","Financial analysts and investors look at various metrics before deciding whether a stock is a buy. One of the metrics is the price-to-earnings ratio (P\u002FE","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-PE-ratio-1\u002FWhat-is-a-good-PE-ratio-1.jpg?_i=AA",{"url":100,"title":101,"description":102,"ogImage":103},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Ftop-6-metrics-for-investing-in-reits","Top 6 Metrics for Investing in REITs | TIKR.com","Real estate has been one of the greatest asset classes for wealth creation in history, and investing in Real Estate Investment Trusts (REITs) can allow","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FGroup-10\u002FGroup-10.png?_i=AA",{"icon":105,"slug":106,"title":107,"description":108,"featuredLinks":109},"hugeicons:investigation","investing-lingo","Investing Lingo","\u003Cp>A comprehensive glossary of investing terms and jargon so you can speak the language of the markets confidently.\u003C\u002Fp>\n",[110,115,120],{"url":111,"title":112,"description":113,"ogImage":114},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fenterprise-value-definition-and-calculation","Enterprise Value: Definition and Calculation | Tikr.com Blog | TIKR.com","Enterprise value (EV) is a financial metric that offers a comprehensive snapshot of a company's total value. Unlike market capitalization which solely","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEnterprise-Value-Definition-and-Calculation_37576e40\u002FEnterprise-Value-Definition-and-Calculation_37576e40.png?_i=AA",{"url":116,"title":117,"description":118,"ogImage":119},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Febitda-definition-formula-how-to-use-it","EBITDA: Definition, Formula, How to Use It | TIKR.com","EBITDA stands for earnings before interest, taxes, depreciation and amortization. It's a financial metric commonly used to evaluate a company's financial","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEBITDA-Definition-Formula-How-to-Use-It\u002FEBITDA-Definition-Formula-How-to-Use-It.png?_i=AA",{"url":121,"title":122,"description":123,"ogImage":124},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-the-free-cash-flow-formula-and-why-does-it-matter","What is the Free Cash Flow Formula and Why Does It Matter | TIKR.com","Free cash flow, or FCF, is the cash a company generates after it accounts for outflows required to maintain business operations and support capital","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-the-free-cash-flow-formula\u002FWhat-is-the-free-cash-flow-formula.png?_i=AA",[126,130,134,137,141,145],{"slug":127,"modified":128,"title":129},"valuation-model-builder","2025-07-03T00:18:53","Value Stocks Quickly and Accurately",{"slug":131,"modified":132,"title":133},"stock-portfolio-tracking","2024-12-02T22:21:28","Monitor Your Portfolio",{"slug":75,"modified":135,"title":136},"2025-01-21T22:10:52","Instantly Analyze Companies with In-Depth Metrics",{"slug":138,"modified":139,"title":140},"stock-screener","2024-12-02T22:13:31","Find the Best Stocks to Buy",{"slug":142,"modified":143,"title":144},"investor-stock-portfolio","2025-01-21T22:02:56","Follow Investment Moves of Top Investors",{"slug":146,"modified":147,"title":148},"analyze-stocks","2025-07-23T16:04:24","Analyze Stocks",[],{"post":151,"seo":187,"relatedPosts":194,"suggestedPosts":274},{"id":152,"title":153,"date":154,"modified":155,"excerpt":156,"content":157,"wordCount":158,"lang":159,"uri":160,"slug":161,"cloudinaryAssetId":162,"featuredImageOriginalUrl":163,"featuredImageMetadata":164,"author":167,"editor":173,"categories":178,"relatedPosts":184,"seo":185},117696,"希捷订单覆盖未来五个季度。尽管如此，股价仍下跌24%","2026-07-16T19:00:00","2026-07-17T01:15:11","\u003Cp>希捷的CFO表示，公司订单已锁定未来四到五个季度的产品组合、出货量和定价。然而，其股价仍较6月创下的纪录高点下跌了24%。到7月28日，这两件事中的一件将被证明是错误的。\u003C\u002Fp>","\u003Ch3 id=\"h-k-ey-stats-for-seagate-stock\" class=\"wp-block-heading\">\u003Cstrong>希捷股票\u003C\u002Fstrong>的\u003Cstrong>关键数据\u003C\u002Fstrong>\u003C\u002Fh3>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>\u003Cstrong>当前价格：\u003C\u002Fstrong> $828.30\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>目标价（中值）：\u003C\u002Fstrong> ~$1,985\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>华尔街目标价：\u003C\u002Fstrong> ~$1,000\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>潜在总回报率：\u003C\u002Fstrong> ~140%\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>年化内部收益率：\u003C\u002Fstrong> ~25% \u002F 年\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>最大回撤：\u003C\u002Fstrong> 25.03% on 7\u002F2\u002F26\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">现已上线：使用 TIKR 的全新估值模型，发现您最喜爱的股票可能有多大的上涨空间（免费）\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\"> >>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-what-happened\" class=\"wp-block-heading\">发生了什么？\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>希捷科技控股公司 (\u003C\u002Fstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=3738520&tid=709680772&?ref=tikrblog\">\u003Cstrong>STX\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong>) \u003C\u002Fstrong>是一家其首席财务官表示，他知道公司未来一年将要出货的所有产品的组合、数量和价格的公司，但其股票的交易方式却像一家无人能够预测的公司。7月15日，股价在下跌5.69%后收于$828.30，目前较6月22日创下的收盘纪录$1,093.26下跌了24%。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">这个差距就是整个争论的焦点。一方认为，一个拥有覆盖未来四到五个季度已签署订单的企业不可能是谜团。另一方则认为，一家以32.66倍远期市盈率交易的硬盘制造商，其定价根本不是基于这些订单；而是基于订单耗尽之后会发生什么。两种观点都有证据支持，这也是为什么双方都未能胜出的原因。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3023\" height=\"2015\" data-public-id=\"images\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3023,h_2015,c_scale\u002Ff_webp,q_auto\u002Fv1784225705\u002Fimages\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342.webp?_i=AA\" alt=\"\" class=\"wp-post-117696 wp-image-117745\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784225705\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784225705\u002Fimages\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342.webp?_i=AA 3023w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784225705\u002Fimages\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342.webp?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1784225705\u002Fimages\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1784225705\u002Fimages\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342.webp?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1784225705\u002Fimages\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342\u002FTIKR.com_STX-Seagate-Technology-Holdings-plc-Revenue-and-EBITDA_11774549342.webp?_i=AA 300w\" sizes=\"auto, (max-width: 3023px) 100vw, 3023px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">希捷营收与息税折旧摊销前利润 \u003Cstrong>(\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fmarkets?fid=1&?ref=tikrblog\">TIKR\u003C\u002Fa>)\u003C\u002Fstrong>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">查看希捷股票的历史和前瞻性预测（免费！） >>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-why-the-market-sold-anyway-and-what-it-is-actually-disputing\" class=\"wp-block-heading\">\u003Cstrong>\u003Cstrong>市场为何仍选择抛售，以及真正的分歧点\u003C\u002Fstrong>\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">7月15日的下跌并不单纯，相关报道也说法不一。TipRanks 将存储板块的抛售归因于竞争对手 SK 海力士疲软的盈利前景，加上获利了结和对估值的担忧。Quiver Quantitative 则指出，中东紧张局势推高油价后，科技板块出现了广泛的避险情绪。TradingKey 更进一步，列举了对希捷的具体担忧，包括市场对 HAMR 良率的怀疑以及云服务提供商采取的观望态度。存储板块的同业公司也随之下跌，美光和闪迪当天盘中跌幅均超过7%。三家媒体，三种触发因素，且没有任何公司公告可以作为任何一方的依据。最后这一点具有两面性：这意味着没有发生任何实质性的坏消息，但也意味着任何可能性都未被排除。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">估值方面的分歧则更为清晰。在$828.30的股价下，该股的\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fntm-next-twelve-months-explained-how-forward-looking-metrics-help-you-value-stocks\">未来十二个月\u003C\u002Fa>市盈率为32.66倍，\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fenterprise-value-definition-and-calculation\">企业价值\u002F息税折旧摊销前利润\u003C\u002Fa>倍数为24.56倍。这些倍数并非在为2027财年定价。它们是在为2029财年及以后定价，而 Romano 明确拒绝为这一时期定价，称这些对话是关于艾字节分配，没有精确的组合、价格或交付季度。看空者并非说他错了。看空者是说，合同覆盖的窗口期和估值定价的窗口期并不重叠。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">与同业的比较使这一点更加尖锐。根据 TIKR 的竞争对手页面，西部数据以21.45倍未来十二个月企业价值\u002F息税折旧摊销前利润和31.77倍未来十二个月市盈率交易，与希捷的差距足够小，使得存储板块的溢价看起来更像是行业观点而非公司观点。戴尔科技为15.13倍和22.24倍，NetApp 为12.77倍和18.20倍。只有当增长差距保持如此之大时，这种溢价才是合理的，因为无论是戴尔还是 NetApp，都无法像希捷那样以38.9%的速度复合增长收入，同时利润率也朝着希捷的方向移动。2025财年全年毛利率达到35.8%，而2024财年为25.5%，市场普遍预计今年将达到45%左右。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">华尔街的分析师们以一种特定的方式存在分歧。花旗集团于7月13日将其目标价上调至$1,240并给予买入评级，富国银行于7月10日将其评级上调至超配，目标价$1,100。同一周，瑞银将其目标价上调至$860但维持中性评级，Susquehanna 将其目标价上调至$775并维持中性评级。两家机构上调了他们的计算目标，但没有提升他们的信心，这是对当前争论最清晰的解读：盈利并非争议所在，估值倍数才是。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3023\" height=\"2015\" data-public-id=\"images\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3023,h_2015,c_scale\u002Ff_webp,q_auto\u002Fv1784225731\u002Fimages\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046.webp?_i=AA\" alt=\"\" class=\"wp-post-117696 wp-image-117746\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784225731\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784225731\u002Fimages\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046.webp?_i=AA 3023w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784225731\u002Fimages\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046.webp?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1784225731\u002Fimages\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1784225731\u002Fimages\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046.webp?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1784225731\u002Fimages\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046\u002FTIKR.com_Seagate-Technology-Holdings-plc-STX-NTM-Price-_-Normalized-Earnings-P_E-and-NTM-Total-Enterprise-Value-_-EBITDA_11774623046.webp?_i=AA 300w\" sizes=\"auto, (max-width: 3023px) 100vw, 3023px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">希捷未来十二个月市盈率与企业价值\u002F息税折旧摊销前利润 \u003Cstrong>(\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fmarkets?fid=1&?ref=tikrblog\">TIKR\u003C\u002Fa>)\u003C\u002Fstrong>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">在 TIKR 中查看希捷相对于其同行的表现（免费！） >>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-tikr-advanced-model-analysis\" class=\"wp-block-heading\">\u003Cstrong>TIKR 高级模型分析\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>\u003Cstrong>当前价格：\u003C\u002Fstrong> $828.30\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>目标价（中值）：\u003C\u002Fstrong> ~$1,985\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>潜在总回报率：\u003C\u002Fstrong> ~140%\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>年化内部收益率：\u003C\u002Fstrong> ~25% \u002F 年\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"4968\" height=\"4084\" data-public-id=\"images\u002FSTX_valuation_model-2_117747c988c\u002FSTX_valuation_model-2_117747c988c.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_4968,h_4084,c_scale\u002Ff_webp,q_auto\u002Fv1784225751\u002Fimages\u002FSTX_valuation_model-2_117747c988c\u002FSTX_valuation_model-2_117747c988c.webp?_i=AA\" alt=\"\" class=\"wp-post-117696 wp-image-117747\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784225751\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784225751\u002Fimages\u002FSTX_valuation_model-2_117747c988c\u002FSTX_valuation_model-2_117747c988c.webp?_i=AA 4968w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_986,c_scale\u002Ff_webp,q_auto\u002Fv1784225751\u002Fimages\u002FSTX_valuation_model-2_117747c988c\u002FSTX_valuation_model-2_117747c988c.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_1151,c_scale\u002Ff_webp,q_auto\u002Fv1784225751\u002Fimages\u002FSTX_valuation_model-2_117747c988c\u002FSTX_valuation_model-2_117747c988c.webp?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_247,c_scale\u002Ff_webp,q_auto\u002Fv1784225751\u002Fimages\u002FSTX_valuation_model-2_117747c988c\u002FSTX_valuation_model-2_117747c988c.webp?_i=AA 300w\" sizes=\"auto, (max-width: 4968px) 100vw, 4968px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">希捷高级估值模型 \u003Cstrong>(\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fmarkets?fid=1&?ref=tikrblog\">TIKR\u003C\u002Fa>)\u003C\u002Fstrong>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">查看分析师对希捷股票的增长预测和价格目标（免费！） >>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">该模型采用截至2030年6月30日实现的中性情景，之所以选择这个时间点，是因为它超出了订单覆盖范围，迫使模型为 Romano 拒绝定价的那些年份进行预测。基于这些假设，公允价值接近$1,985，大约是华尔街平均目标价的两倍，意味着约140%的总回报率，年化回报率约为25%。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">两个收入复合年增长率驱动因素是：HAMR 技术路线图带来的约25%的年化艾字节增长，以及未承诺销量上的定价提升。Romano 精确指出了第二点：大约20%的收入来自边缘计算领域，即那些在长期协议之外销售的低容量硬盘，公司可以针对昂贵的固态硬盘替代品重新定价，而无需等待合同周期。利润率驱动因素则是在单位销量基数平稳情况下的运营杠杆作用，推动中性情景下的净利润率向约42%靠拢。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">上行情景：订单按描述转化，估值倍数得以维持，模型约25%的年化回报率无需依赖过于乐观的假设。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">下行情景：随着合同到期，需求恢复正常，而市场长期以来一直将其视为周期性业务，其32.66倍的远期市盈率将向接近12.77倍的同行中值收缩。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-conclusion\" class=\"wp-block-heading\">\u003Cstrong>结论\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">关注7月28日的一个数字：调整后每股收益与$4.80至$5.20的指引区间对比。如果实际数据达到或超过$5.20，且四到五个季度的订单措辞保持不变，则说明其可见性是真实的，24%的回撤属于板块整体行为。如果实际数据低于$4.80，或订单覆盖有任何模糊表述，那么市场抛售一只基于一份为期十八个月的合同却为未来十年定价的股票就是正确的。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Romano 告诉投资者应该关注什么：“趋势非常清晰。”他将在几天后得到答案。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003Cstrong>\u003Cem>查看亿万富翁投资者正在买入哪些股票，以便您可以通过 TIKR 跟随聪明钱。\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-should-you-invest-in-seagate\" class=\"wp-block-heading\">您应该投资希捷吗？\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">真正了解的唯一方法是亲自查看数据。TIKR 为您免费提供专业分析师用来回答这个问题的机构级财务数据。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">打开\u003Cstrong>希捷\u003C\u002Fstrong>，您将看到多年的历史财务数据、华尔街分析师对未来几个季度收入和盈利的预期、估值倍数随时间的变化情况，以及价格目标是呈上升还是下降趋势。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">您可以建立一个免费的观察列表来跟踪\u003Cstrong>\u003Cstrong>希捷\u003C\u002Fstrong>\u003C\u002Fstrong>以及您关注的所有其他股票。无需信用卡。只需您做决策所需的数据。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003Cstrong>\u003Cem>在 TIKR 免费版上分析希捷 →\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-looking-for-new-opportunities\" class=\"wp-block-heading\">寻找新机会？\u003C\u002Fh2>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>查看\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">亿万富翁投资者正在买入哪些股票\u003C\u002Fa> \u003C\u002Fstrong>，以便您可以跟随聪明钱。\u003C\u002Fli>\n\n\n\n\u003Cli>使用 TIKR 一体化、易于使用的平台，\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">在短短5分钟内分析股票\u003C\u002Fa>\u003C\u002Fstrong>。\u003C\u002Fli>\n\n\n\n\u003Cli>您翻开的石头越多……您发现的机会就越多。\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">使用 TIKR 搜索超过10万只全球股票、全球顶级投资者持仓等更多信息。\u003C\u002Fa>\u003C\u002Fstrong>\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Ch2 id=\"h-disclaimer\" class=\"wp-block-heading\">\u003Cstrong>免责声明：\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cem>请注意，TIKR 上的文章并非旨在提供来自 TIKR 或我们内容团队的投资或财务建议，也不是买卖任何股票的建议。我们根据 TIKR Terminal 的投资数据和分析师预测来创建内容。我们的分析可能未包含最新的公司新闻或重要更新。TIKR 对提及的任何股票均无持仓。感谢您的阅读，祝您投资愉快！\u003C\u002Fem>\u003C\u002Fp>",1173,"zh","\u002Fblog\u002Fseagate-order-book-covers-5-quarters-the-stock-is-down-24-anyway","seagate-order-book-covers-5-quarters-the-stock-is-down-24-anyway","images\u002F7-5_117721170ab\u002F7-5_117721170ab","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784224528\u002Fimages\u002F7-5_117721170ab\u002F7-5_117721170ab.png?_i=AA",{"altText":165,"imageCredit":166},"Seagate Order Book Covers 5 Quarters. The Stock Is Down 24% Anyway","@Beyza Kaplan from Pexels via Canva, @panumas nikhomkhai from Pexels via Canva",{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":172},"Wiltone Asuncion","wiltonetikr","author","",[],{"name":174,"slug":175,"role":176,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":177},"David Hanson","davidtikr","editor",[],[179],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},"股票评论","reviews","\u002Fblog\u002Fcategory\u002Freviews",0,[],{"title":165,"metaDesc":186,"opengraphDescription":186,"twitterTitle":165,"twitterDescription":186},"Seagate’s CFO says firm orders lock in mix, volume, and pricing through the next four to five quarters. Shares have still fallen 24% from their June record. On July 28, one of those two things gets proven wrong.",{"title":165,"description":188,"twitterTitle":165,"twitterDescription":188,"author":168,"articlePublisher":189,"articlePublishedTime":154,"articleModifiedTime":155,"twitterLabel1":190,"twitterData1":191,"ogTitle":165,"ogDescription":188,"ogUrl":160,"ogImage":163,"ogImageWidth":192,"ogImageHeight":193,"ogImageSecureUrl":163,"ogImageAlt":165,"twitterImage":163},"Seagate’s CFO says firm orders lock in mix, volume, and pricing through the next four to five quarters. Shares have still fallen 24% from their June record. On July 28, one of those two things gets proven wrong.","TIKR.com","预计阅读时间","2 minutes",1200,630,[195,212,229,244,259],{"id":183,"title":196,"date":197,"excerpt":198,"wordCount":199,"uri":200,"slug":201,"cloudinaryAssetId":202,"featuredImageOriginalUrl":203,"featuredImageMetadata":204,"author":205,"categories":209,"relatedPosts":211},"联合健康财报后盘中飙升10%。UNH股票2026年可能走向何方","2026-07-17 00:04:35","联合健康集团(UnitedHealth)股价盘中一度飙升10%，此前公布的业绩超出预期，管理层上调了2026年展望。以下是医疗保险业务改善和Optum部门执行力增强如何强化了其转型前景的原因。",1007,"\u002Fblog\u002Funitedhealth-surged-10-intraday-after-earnings-heres-where-unh-stock-could-head-in-2026","unitedhealth-surged-10-intraday-after-earnings-heres-where-unh-stock-could-head-in-2026","images\u002F@jittawit21-from-jittawit21-via-Canva-@aukidphumsirichat-via-Canva\u002F@jittawit21-from-jittawit21-via-Canva-@aukidphumsirichat-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784246277\u002Fimages\u002F@jittawit21-from-jittawit21-via-Canva-@aukidphumsirichat-via-Canva\u002F@jittawit21-from-jittawit21-via-Canva-@aukidphumsirichat-via-Canva.png?_i=AA",{"altText":196},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":208},"Nikko Henson","nikkotikr",[],[210],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":213,"date":214,"excerpt":215,"wordCount":216,"uri":217,"slug":218,"cloudinaryAssetId":219,"featuredImageOriginalUrl":220,"featuredImageMetadata":221,"author":222,"categories":226,"relatedPosts":228},"雪佛龙股价已回调14%，同时每季度向股东返还60亿美元：现在是买入时机吗？","2026-07-16 19:46:00","Advanced Micro Devices已悄然成为AI基础设施建设的第二引擎，其财务数据正开始印证这一点。",921,"\u002Fblog\u002Fchevron-stock-has-pulled-back-14-while-returning-6-billion-a-quarter-to-shareholders-is-now-the-time-to-buy","chevron-stock-has-pulled-back-14-while-returning-6-billion-a-quarter-to-shareholders-is-now-the-time-to-buy","images\u002FChevron-Featured-1\u002FChevron-Featured-1","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784220320\u002Fimages\u002FChevron-Featured-1\u002FChevron-Featured-1.png?_i=AA",{"altText":213},{"name":223,"slug":224,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":225},"David 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19:30:00","美光科技在7月15日下跌了8%，但整个存储芯片板块都出现了下跌，且闪迪的跌幅更大。前一天，KeyBanc给出了华尔街最高的1750美元目标价。TIKR的中性情景模型显示其公允价值约为935美元。这两个数字之间的差距，才是唯一值得讨论的事情。",1941,"\u002Fblog\u002Fmicron-stock-fell-8-in-a-day-heres-where-the-stock-could-go-in-2026","micron-stock-fell-8-in-a-day-heres-where-the-stock-could-go-in-2026","images\u002F10-5_117724f706b\u002F10-5_117724f706b","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784224545\u002Fimages\u002F10-5_117724f706b\u002F10-5_117724f706b.png?_i=AA",{"altText":230},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":240},[],[242],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":245,"date":246,"excerpt":247,"wordCount":248,"uri":249,"slug":250,"cloudinaryAssetId":251,"featuredImageOriginalUrl":252,"featuredImageMetadata":253,"author":254,"categories":256,"relatedPosts":258},"强生业绩超预期并上调业绩指引，但收盘仍下跌近3%","2026-07-16 19:20:00","强生公司营收和盈利均超出预期，并上调全年业绩指引，上调幅度超过业绩超预期部分。该股开盘走高，随后收盘下跌2.69%。造成下跌的主要原因是其心脏泵业务，该业务季度销售额为4.4亿美元，而公司总季度销售额为253亿美元。",1830,"\u002Fblog\u002Fjohnson-johnson-beat-raised-guidance-and-still-closed-down-nearly-3","johnson-johnson-beat-raised-guidance-and-still-closed-down-nearly-3","images\u002F9-5_11772367222\u002F9-5_11772367222","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784224540\u002Fimages\u002F9-5_11772367222\u002F9-5_11772367222.png?_i=AA",{"altText":245},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":255},[],[257],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":260,"date":261,"excerpt":262,"wordCount":263,"uri":264,"slug":265,"cloudinaryAssetId":266,"featuredImageOriginalUrl":267,"featuredImageMetadata":268,"author":269,"categories":271,"relatedPosts":273},"Sandisk股价在存储芯片板块抛售中下跌8%。尽管如此，华尔街目标价仍上调至2,144美元。","2026-07-16 19:10:00","Sandisk在7月15日下跌8.12%，此次抛售波及了市场上所有存储器类股票。在同一时期，华尔街的平均目标价已攀升至2,144.14美元。该公司已向投资者披露了其供应协议的价值。",1699,"\u002Fblog\u002Fsandisk-stock-fell-8-in-a-memory-selloff-the-streets-target-went-up-to-2144-anyway","sandisk-stock-fell-8-in-a-memory-selloff-the-streets-target-went-up-to-2144-anyway","images\u002F8-5_117722301c4\u002F8-5_117722301c4","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784224535\u002Fimages\u002F8-5_117722301c4\u002F8-5_117722301c4.png?_i=AA",{"altText":260},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":270},[],[272],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],[]]