Seagate Technology (NASDAQ:STX) Issues Q3 2025 Earnings Guidance

Seagate Technology (NASDAQ:STX) updated its third quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.500-1.900 for the period, compared to the consensus earnings per share estimate of 1.710. The company issued revenue guidance of $2.0 billion-$2.3 billion, compared to the consensus revenue estimate of $2.2 billion. Seagate Technology also updated its Q3 guidance to $1.50-1.90 EPS.

Analyst Upgrades and Downgrades

STX has been the topic of a number of recent analyst reports. Susquehanna increased their price objective on shares of Seagate Technology from $65.00 to $68.00 and gave the company a “negative” rating in a research report on Wednesday. The Goldman Sachs Group dropped their target price on Seagate Technology from $112.00 to $99.00 and set a “neutral” rating on the stock in a report on Friday, January 10th. Benchmark raised Seagate Technology from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a report on Wednesday. Citigroup increased their price objective on Seagate Technology from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Wells Fargo & Company decreased their target price on Seagate Technology from $120.00 to $110.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th. One analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $122.56.

Seagate Technology Stock Performance

NASDAQ STX opened at $108.18 on Thursday. Seagate Technology has a one year low of $82.31 and a one year high of $115.32. The firm has a market cap of $22.88 billion, a PE ratio of 19.78 and a beta of 1.06. The firm’s fifty day moving average is $94.55 and its two-hundred day moving average is $100.33.

Seagate Technology (NASDAQ:STX) last issued its quarterly earnings results on Tuesday, October 22nd. The data storage provider reported $1.58 earnings per share (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 firm had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the previous year, the firm posted ($0.34) EPS. The firm’s revenue for the quarter was up 49.1% on a year-over-year basis. Research analysts predict that Seagate Technology will post 7.18 earnings per share for the current year.

Seagate Technology Announces Dividend

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

Insider Buying and Selling

In related news, SVP Kian Fatt Chong sold 9,182 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $105.50, for a total transaction of $968,701.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Yolanda Lee Conyers sold 750 shares of Seagate Technology stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $101.82, for a total value of $76,365.00. Following the completion of the sale, the director now directly owns 6,555 shares in the company, valued at $667,430.10. This represents a 10.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 50,073 shares of company stock valued at $5,106,149 over the last three months. 0.81% of the stock is currently owned by company insiders.

About Seagate Technology

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.