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

Seagate Technology (NASDAQ:STX) issued an update on its third quarter 2025 earnings guidance on Tuesday morning. 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.

Analysts Set New Price Targets

Several equities research analysts have recently commented on STX shares. Bank of America boosted their price target on Seagate Technology from $124.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday. Wedbush reiterated an “outperform” rating and set a $150.00 target price on shares of Seagate Technology in a research report on Wednesday. Susquehanna raised their price target on Seagate Technology from $65.00 to $68.00 and gave the company a “negative” rating in a research report on Wednesday. Citigroup boosted their price objective on shares of Seagate Technology from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, StockNews.com downgraded shares of Seagate Technology from a “buy” rating to a “hold” rating in a report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $122.56.

Seagate Technology Price Performance

STX opened at $108.18 on Thursday. The stock has a market capitalization of $22.88 billion, a price-to-earnings ratio of 19.78 and a beta of 1.06. Seagate Technology has a 12 month low of $82.31 and a 12 month high of $115.32. The business has a 50-day moving average of $94.55 and a two-hundred day moving average of $100.33.

Seagate Technology (NASDAQ:STX) last issued its quarterly earnings results on Tuesday, October 22nd. The data storage provider reported $1.58 EPS for the quarter, topping the consensus estimate of $1.30 by $0.28. The firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.13 billion. Seagate Technology had a net margin of 14.67% and a negative return on equity of 58.59%. Seagate Technology’s revenue for the quarter was up 49.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.34) earnings per share. Equities research analysts anticipate that Seagate Technology will post 7.18 earnings per share for the current year.

Seagate Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be given a $0.72 dividend. 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 currently 52.65%.

Insider Buying and Selling at Seagate Technology

In related news, CEO William D. Mosley sold 20,000 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $102.83, for a total transaction of $2,056,600.00. Following the completion of the sale, the chief executive officer now directly owns 622,497 shares of the company’s stock, valued at approximately $64,011,366.51. This represents a 3.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Yolanda Lee Conyers sold 750 shares of the firm’s stock in a transaction dated 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 transaction, the director now directly owns 6,555 shares in the company, valued at $667,430.10. This trade represents a 10.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 50,073 shares of company stock valued at $5,106,149. Company insiders own 0.81% of the company’s stock.

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.