Q3 EPS Estimates for Seagate Technology Reduced by Wedbush

Seagate Technology Holdings plc (NASDAQ:STX) – Equities research analysts at Wedbush reduced their Q3 2025 earnings per share estimates for shares of Seagate Technology in a research report issued on Tuesday, January 21st. Wedbush analyst M. Bryson now anticipates that the data storage provider will post earnings per share of $1.62 for the quarter, down from their prior estimate of $2.16. Wedbush has a “Outperform” rating and a $150.00 price objective on the stock. The consensus estimate for Seagate Technology’s current full-year earnings is $7.18 per share. Wedbush also issued estimates for Seagate Technology’s Q4 2025 earnings at $2.28 EPS, FY2025 earnings at $7.03 EPS, Q1 2026 earnings at $2.41 EPS and Q2 2026 earnings at $3.01 EPS.

Seagate Technology (NASDAQ:STX) last announced its quarterly earnings results on Tuesday, October 22nd. The data storage provider reported $1.58 EPS for the quarter, beating the consensus estimate of $1.30 by $0.28. Seagate Technology had a negative return on equity of 58.59% and a net margin of 14.67%. The business had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the previous year, the business posted ($0.34) EPS. The firm’s quarterly revenue was up 49.1% compared to the same quarter last year.

STX has been the subject of a number of other reports. Evercore ISI boosted their price target on shares of Seagate Technology from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Citigroup lifted their price objective on Seagate Technology from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday. The Goldman Sachs Group decreased their target price on Seagate Technology from $112.00 to $99.00 and set a “neutral” rating for the company in a research report on Friday, January 10th. Bank of America increased their price target on shares of Seagate Technology from $124.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Wells Fargo & Company decreased their price objective on shares of Seagate Technology from $120.00 to $110.00 and set an “equal weight” rating for the company in a report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $122.56.

Seagate Technology Stock Performance

NASDAQ STX opened at $108.18 on Thursday. The stock has a 50-day simple moving average of $94.55 and a 200 day simple moving average of $100.33. The stock has a market capitalization of $22.88 billion, a PE ratio of 19.78 and a beta of 1.06. Seagate Technology has a twelve month low of $82.31 and a twelve month high of $115.32.

Institutional Trading of Seagate Technology

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Sequoia Financial Advisors LLC boosted its stake in Seagate Technology by 3.6% during the third quarter. Sequoia Financial Advisors LLC now owns 2,560 shares of the data storage provider’s stock worth $281,000 after acquiring an additional 89 shares in the last quarter. Affinity Capital Advisors LLC lifted its stake in shares of Seagate Technology by 1.5% in the third quarter. Affinity Capital Advisors LLC now owns 6,620 shares of the data storage provider’s stock worth $725,000 after buying an additional 100 shares in the last quarter. Berkshire Bank increased its position in shares of Seagate Technology by 2.6% during the fourth quarter. Berkshire Bank now owns 4,118 shares of the data storage provider’s stock valued at $355,000 after acquiring an additional 103 shares in the last quarter. My Legacy Advisors LLC raised its holdings in Seagate Technology by 3.9% in the 4th quarter. My Legacy Advisors LLC now owns 3,113 shares of the data storage provider’s stock worth $294,000 after acquiring an additional 118 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its stake in Seagate Technology by 3.7% during the 4th quarter. AdvisorNet Financial Inc now owns 3,377 shares of the data storage provider’s stock valued at $291,000 after purchasing an additional 122 shares during the last quarter. Institutional investors own 92.87% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Kian Fatt Chong sold 9,182 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.50, for a total value of $968,701.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Yolanda Lee Conyers sold 750 shares of Seagate Technology stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $101.82, for a total transaction of $76,365.00. Following the completion of the transaction, the director now owns 6,555 shares of the company’s stock, valued at $667,430.10. The trade was a 10.27 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,073 shares of company stock valued at $5,106,149. Corporate insiders own 0.81% of the company’s stock.

Seagate Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th will be paid a dividend of $0.72 per share. The ex-dividend date is Wednesday, March 19th. This represents a $2.88 dividend on an annualized basis and a yield of 2.66%. Seagate Technology’s dividend payout ratio (DPR) is currently 52.65%.

Seagate Technology Company Profile

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives.