Western Digital or Seagate Technology: Which Stock Has More Upside?
Western Digital or Seagate Technology: Which Stock Has More Upside?
Publish Date: 2026-06-06 02:42:00
Source Domain: www.trefis.com
Seagate Technology fell -8.5% during the past Day. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer Western Digital gives you more. Western Digital (WDC) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Seagate Technology (STX) stock, suggesting you may be better off investing in WDC
- WDC’s quarterly revenue growth was 45.5%, vs. STX’s 44.1%.
- In addition, its Last 12 Months revenue growth came in at 32.0%, ahead of STX’s 28.9%.
- WDC’s LTM margin is higher: 31.2% vs. STX’s 29.5%.
These differences become even clearer when you look at the financials side by side. The table highlights how STX’s fundamentals stack up against those of WDC on growth, margins, momentum, and valuation multiples.
Trefis: STX Stock Insights
Valuation & Performance Overview
| STX | WDC | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 57.7 | 47.6 | WDC |
| Revenue Growth | |||
| Last Quarter | 44.1% | 45.5% | WDC |
| Last 12 Months | 28.9% | 32.0% | WDC |
| Last 3 Year Average | 13.2% | 25.5% | WDC |
| Operating Margins | |||
| Last 12 Months | 29.5% | 31.2% | WDC |
| Last 3 Year Average | 16.9% | 12.7% | STX |
| Momentum | |||
| Last 3 Year Return | 1408.2% | 1662.8% | WDC |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (300%) which creates risk of sell off.
See detailed fundamentals on Buy or Sell WDC Stock and Buy or Sell STX Stock. Below we compare market return and related metrics across years.
Historical Market Performance
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| STX Return | 88% | -51% | 69% | 4% | 225% | 237% | 1657% | ||
| WDC Return | 18% | -52% | 66% | 14% | 288% | 234% | 1296% | ||
| S&P 500 Return |
