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

Seagate Technology (NASDAQ:STX) issued an update on its third quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.500-1.900 for the period, compared to the consensus EPS 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.

Seagate Technology Stock Performance

STX stock traded up $3.58 during mid-day trading on Tuesday, hitting $101.25. 6,511,454 shares of the company were exchanged, compared to its average volume of 3,372,033. The firm has a market cap of $21.42 billion, a P/E ratio of 26.44 and a beta of 1.06. The firm’s 50 day simple moving average is $94.32 and its 200 day simple moving average is $100.28. Seagate Technology has a 1-year low of $82.31 and a 1-year high of $115.32.

Seagate Technology (NASDAQ:STX) last announced its 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 for the quarter, compared to the consensus estimate of $2.13 billion. Seagate Technology had a net margin of 11.34% and a negative return on equity of 32.19%. The business’s quarterly revenue was up 49.1% on a year-over-year basis. During the same period last year, the company posted ($0.34) EPS. On average, equities research analysts predict that Seagate Technology will post 7.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on STX shares. Evercore ISI raised their price target on shares of Seagate Technology from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. The Goldman Sachs Group decreased their price target 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. Benchmark reaffirmed a “hold” rating on shares of Seagate Technology in a research note on Wednesday, October 23rd. StockNews.com cut shares of Seagate Technology from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, Rosenblatt Securities raised their price target on shares of Seagate Technology from $125.00 to $140.00 and gave the stock a “buy” rating in a research note 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, Seagate Technology currently has an average rating of “Moderate Buy” and a consensus target price of $120.71.

Insiders Place Their Bets

In other Seagate Technology news, SVP Kian Fatt Chong sold 9,182 shares of Seagate Technology stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jay L. Geldmacher sold 4,100 shares of Seagate Technology 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 transaction, the director now directly owns 2,852 shares of the company’s stock, valued at approximately $294,611.60. This trade represents a 58.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 54,173 shares of company stock valued at $5,529,679 over the last ninety days. 0.81% of the stock is currently owned by company insiders.

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.