Seagate Technology (NASDAQ:STX) Releases 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 firms have commented on STX. The Goldman Sachs Group lowered their target price on shares of Seagate Technology from $112.00 to $99.00 and set a “neutral” rating for the company in a research note on Friday, January 10th. Wedbush reiterated an “outperform” rating and issued a $150.00 target price on shares of Seagate Technology in a research note on Wednesday, October 23rd. Mizuho decreased their price target on Seagate Technology from $130.00 to $110.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. Benchmark reissued a “hold” rating on shares of Seagate Technology in a research report on Wednesday, October 23rd. Finally, Evercore ISI upped their price target on shares of Seagate Technology from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $120.71.

Seagate Technology Trading Up 3.7 %

NASDAQ:STX traded up $3.58 during trading hours on Tuesday, hitting $101.25. The stock had a trading volume of 6,498,431 shares, compared to its average volume of 3,368,206. The business has a 50 day simple moving average of $94.32 and a two-hundred day simple moving average of $100.28. Seagate Technology has a 1-year low of $82.31 and a 1-year high of $115.32. The company has a market cap of $21.42 billion, a PE ratio of 26.44 and a beta of 1.06.

Seagate Technology (NASDAQ:STX) last released its quarterly earnings results on Tuesday, October 22nd. The data storage provider reported $1.58 earnings per share for the quarter, beating 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 business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.13 billion. During the same period last year, the business earned ($0.34) EPS. The business’s revenue was up 49.1% on a year-over-year basis. Research analysts expect that Seagate Technology will post 7.18 EPS for the current fiscal year.

Insider Activity

In related news, Director Jay L. Geldmacher sold 4,100 shares of the company’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $103.30, for a total transaction of $423,530.00. Following the completion of the transaction, the director now directly owns 2,852 shares in the company, valued at $294,611.60. This represents a 58.98 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Yolanda Lee Conyers sold 750 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $101.82, for a total transaction of $76,365.00. Following the completion of the sale, the director now directly owns 6,555 shares of the company’s stock, valued at approximately $667,430.10. This represents a 10.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 54,173 shares of company stock worth $5,529,679 over the last ninety days. Corporate insiders own 0.81% 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.