Seagate Technology (NASDAQ:STX) Updates Q2 2025 Earnings Guidance

Seagate Technology (NASDAQ:STX) updated its second quarter 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.650-2.050 for the period, compared to the consensus EPS estimate of 1.480. The company issued revenue guidance of $2.2 billion-$2.5 billion, compared to the consensus revenue estimate of $2.1 billion. Seagate Technology also updated its Q2 guidance to $1.65-2.05 EPS.

Seagate Technology Price Performance

Shares of STX traded up $0.23 on Tuesday, reaching $112.64. 3,062,791 shares of the stock traded hands, compared to its average volume of 2,486,457. The firm has a market cap of $23.71 billion, a price-to-earnings ratio of 72.99 and a beta of 1.04. Seagate Technology has a 12 month low of $64.12 and a 12 month high of $115.32. The stock’s 50-day moving average price is $104.63 and its 200-day moving average price is $99.37.

Seagate Technology (NASDAQ:STX) last released its quarterly earnings data on Tuesday, July 23rd. The data storage provider reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.29. Seagate Technology had a net margin of 5.11% and a negative return on equity of 8.41%. The company had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period last year, the firm earned ($0.29) EPS. The firm’s revenue for the quarter was up 17.8% compared to the same quarter last year. As a group, equities research analysts forecast that Seagate Technology will post 7.09 earnings per share for the current fiscal year.

Seagate Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Sunday, December 15th will be paid a $0.72 dividend. This is a positive change from Seagate Technology’s previous quarterly dividend of $0.70. This represents a $2.88 annualized dividend and a dividend yield of 2.56%. Seagate Technology’s dividend payout ratio is currently 181.82%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on STX shares. StockNews.com raised shares of Seagate Technology from a “hold” rating to a “buy” rating in a report on Thursday, October 17th. UBS Group boosted their price objective on Seagate Technology from $110.00 to $120.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 24th. Barclays raised their target price on Seagate Technology from $80.00 to $95.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 24th. Benchmark reissued a “hold” rating on shares of Seagate Technology in a report on Wednesday, July 24th. Finally, Evercore ISI boosted their target price on shares of Seagate Technology from $110.00 to $125.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 16th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $115.94.

Insider Activity at Seagate Technology

In other news, CEO William D. Mosley sold 141,785 shares of the business’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $110.18, for a total transaction of $15,621,871.30. Following the completion of the transaction, the chief executive officer now directly owns 668,616 shares in the company, valued at approximately $73,668,110.88. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Seagate Technology news, EVP Ban Seng Teh sold 10,117 shares of Seagate Technology stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of $110.00, for a total transaction of $1,112,870.00. Following the transaction, the executive vice president now directly owns 5,387 shares in the company, valued at approximately $592,570. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO William D. Mosley sold 141,785 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $110.18, for a total value of $15,621,871.30. Following the completion of the transaction, the chief executive officer now owns 668,616 shares of the company’s stock, valued at $73,668,110.88. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 223,284 shares of company stock worth $23,800,887. 0.81% of the stock is 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.