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

Seagate Technology (NASDAQ:STX) issued an update on its second quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.650-2.050 for the period, compared to the consensus 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 NASDAQ STX traded up $0.16 during trading hours on Friday, hitting $104.14. 381,126 shares of the company’s stock were exchanged, compared to its average volume of 2,508,154. Seagate Technology has a 1-year low of $64.12 and a 1-year high of $115.32. The stock has a market capitalization of $21.87 billion, a price-to-earnings ratio of -80.60 and a beta of 1.04. The company’s 50-day moving average price is $105.13 and its 200-day moving average price is $99.58.

Seagate Technology (NASDAQ:STX) last posted its quarterly earnings data on Tuesday, October 22nd. The data storage provider reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.28. Seagate Technology had a negative return on equity of 30.18% and a net margin of 11.34%. 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 firm earned ($0.34) EPS. The firm’s revenue was up 49.1% compared to the same quarter last year. On average, research analysts expect that Seagate Technology will post 7.09 earnings per share for the current year.

Seagate Technology Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Sunday, December 15th will be given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 2.77%. The ex-dividend date is Friday, December 13th. This is a boost from Seagate Technology’s previous quarterly dividend of $0.70. Seagate Technology’s payout ratio is currently -217.05%.

Analyst Upgrades and Downgrades

Several research firms have commented on STX. StockNews.com raised Seagate Technology from a “hold” rating to a “buy” rating in a report on Thursday, October 17th. UBS Group upped their price target on Seagate Technology from $110.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, July 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $125.00 price target on shares of Seagate Technology in a report on Wednesday. Rosenblatt Securities upped their price target on Seagate Technology from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday. Finally, The Goldman Sachs Group upped their price target on Seagate Technology from $96.00 to $107.00 and gave the company a “neutral” rating in a report on Wednesday, July 24th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, Seagate Technology currently has a consensus rating of “Hold” and a consensus price target of $118.83.

Insider Buying and Selling

In related news, Director Yolanda Lee Conyers sold 750 shares of the stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $96.10, for a total transaction of $72,075.00. Following the sale, the director now directly owns 3,034 shares in the company, valued at $291,567.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, SVP John Christopher Morris sold 1,131 shares of the stock in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $111.90, for a total transaction of $126,558.90. Following the sale, the senior vice president now directly owns 7,191 shares in the company, valued at $804,672.90. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Yolanda Lee Conyers sold 750 shares of the company’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $96.10, for a total value of $72,075.00. Following the transaction, the director now directly owns 3,034 shares in the company, valued at approximately $291,567.40. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 218,398 shares of company stock worth $23,238,106 in the last three months. Insiders own 0.89% of the company’s stock.

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.