Seagate Technology (NASDAQ:STX) Updates 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.

Wall Street Analyst Weigh In

Several research analysts have commented on STX shares. Northland Securities raised their target price on shares of Seagate Technology from $142.00 to $144.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Rosenblatt Securities raised their target price on shares of Seagate Technology from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Mizuho decreased their target price on shares of Seagate Technology from $130.00 to $110.00 and set an “outperform” rating for the company in a report on Friday, January 10th. Evercore ISI raised their target price on shares of Seagate Technology from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Finally, Morgan Stanley decreased their target price on shares of Seagate Technology from $133.00 to $129.00 and set an “overweight” rating for the company in a report on Tuesday. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, Seagate Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.71.

Seagate Technology Price Performance

Shares of STX traded up $3.58 during trading hours on Tuesday, hitting $101.25. The stock had a trading volume of 6,511,454 shares, compared to its average volume of 3,372,033. The company’s fifty day moving average is $94.32 and its two-hundred day moving average is $100.28. Seagate Technology has a 52 week low of $82.31 and a 52 week high of $115.32. The stock has a market capitalization of $21.42 billion, a price-to-earnings ratio of 26.44 and a beta of 1.06.

Seagate Technology (NASDAQ:STX) last issued its quarterly earnings data on Tuesday, October 22nd. The data storage provider reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.28. Seagate Technology had a net margin of 11.34% and a negative return on equity of 32.19%. The firm had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same quarter in the prior year, the firm earned ($0.34) EPS. The company’s revenue was up 49.1% on a year-over-year basis. Equities analysts predict that Seagate Technology will post 7.18 EPS for the current fiscal year.

Insiders Place Their Bets

In other Seagate Technology news, SVP Kian Fatt Chong sold 9,182 shares of the company’s 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 filing with the SEC, which is available through this hyperlink. Also, Director Yolanda Lee Conyers sold 750 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $101.82, for a total transaction of $76,365.00. Following the transaction, the director now owns 6,555 shares in the company, valued at approximately $667,430.10. The trade was a 10.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 54,173 shares of company stock valued at $5,529,679 in the last 90 days. 0.81% of the stock is currently owned by insiders.

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.