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Dell Technologies vs Seagate Technology Holdings: Which Stock Looks Stronger in 2026?

Dell Technologies holds the cleaner structural position, with valuation as the main driver and growth adding further support. Seagate Technology still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-07-05

The clearest separation starts in valuation, but growth adds another real layer to the result. Dell Technologies Inc. leads by 16 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Computer Hardware

This comparison is based on industry proximity, not on functional trajectory similarity. DELL and STX share the same industry classification.

For a similarity-based comparison, see how Dell Technologies and Seagate Technology each position within their functional peer groups in AssetNext.

Peer-Relative Score
DELL
Dell Technologies Inc.
68
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
STX
Seagate Technology Holdings plc
52
Peer-Score
Signal qualityMedium
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: DELL vs STX Profitability 84 68 Stability 35 51 Valuation 57 26 Growth 93 71 DELL STX
Gap Ranking
#1 Valuation +31
#2 Growth +22
#3 Profitability +16
#4 Stability +16
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for DELL and STX Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer DELLSTX Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against Seagate Technology Holdings plc.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where DELL and STX each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY DELL Elevated · above norm 0th 50th 100th 0 pct gap STX Elevated · above norm 0th 50th 100th 98th 98th
DELL (98th percentile) and STX (98th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Dell Technologies Inc. sits in the stronger part of the group on valuation, while Seagate Technology Holdings plc is closer to mid-pack.
Growth
Both look solid on growth, though Dell Technologies Inc. still holds the stronger peer position.
Valuation — Dominant Gap
DELL
57
STX
26
Gap+31in favour of DELL

The multiple-based pricing edge comes from a forward P/E that is 11.7 turns lower.

What keeps the gap from being one-sided

A meaningful counterforce remains in stability, which keeps the comparison from looking completely one-sided.

What this means for the comparison

Valuation is the clearest driver of the lead, with growth adding further support — though stability still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the DELL vs STX comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-and-growth comparisons

Explore how DELL and STX each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.