Seagate Technology (STX) Expected to Announce Quarterly Earnings on Tuesday

Key Points

• Seagate is set to report Q2 2026 earnings before the market opens on Jan. 20, with analysts expecting about $2.77 EPS; the company’s earnings call is scheduled for Feb. 5.
• The stock opened at $321.48 with a market cap of $68.66 billion and a 52‑week range of $63.19–$332.00, and Seagate recently raised its quarterly dividend to $0.74 (annualized $2.96, ~0.9% yield).
• Insiders sold 131,145 shares (~$36.4M) in the past three months (insiders own 0.79%), while analysts have a consensus rating of "Moderate Buy" with an average price target of $293.13 and several firms raising targets (e.g., Loop Capital to $465).

Seagate Technology (NASDAQ:STX - Get Free Report) is expected to be posting its Q2 2026 results before the market opens on Tuesday, January 20th. Analysts expect Seagate Technology to post earnings of $2.77 per share for the quarter. Interested persons may visit the the company's upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, February 5, 2026 at 12:00 AM ET.

Seagate Technology Stock Performance

Seagate Technology stock opened at $321.48 on Tuesday. The stock has a market capitalization of $68.66 billion, a P/E ratio of 41.27, a P/E/G ratio of 1.19 and a beta of 1.60. The company's fifty day moving average price is $279.23 and its 200 day moving average price is $218.98. Seagate Technology has a 1 year low of $63.19 and a 1 year high of $332.00.

Seagate Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Wednesday, December 24th were issued a dividend of $0.74 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This is a positive change from Seagate Technology's previous quarterly dividend of $0.72. This represents a $2.96 annualized dividend and a yield of 0.9%. Seagate Technology's payout ratio is 38.00%.

Insider Activity at Seagate Technology

In other Seagate Technology news, EVP Ban Seng Teh sold 6,000 shares of the business's stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $270.00, for a total transaction of $1,620,000.00. Following the transaction, the executive vice president owned 12,041 shares of the company's stock, valued at approximately $3,251,070. The trade was a 33.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kian Fatt Chong sold 7,078 shares of the firm's stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $272.14, for a total value of $1,926,206.92. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 131,145 shares of company stock valued at $36,425,168 in the last three months. Company insiders own 0.79% of the company's stock.

Hedge Funds Weigh In On Seagate Technology

A number of hedge funds have recently modified their holdings of the business. Sivia Capital Partners LLC acquired a new stake in shares of Seagate Technology in the second quarter valued at $262,000. PFG Advisors purchased a new position in Seagate Technology during the 3rd quarter valued at about $282,000. Modern Wealth Management LLC purchased a new position in Seagate Technology during the 2nd quarter valued at about $253,000. IHT Wealth Management LLC acquired a new position in Seagate Technology in the 2nd quarter valued at about $317,000. Finally, EP Wealth Advisors LLC purchased a new stake in Seagate Technology during the second quarter worth about $265,000. 92.87% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Loop Capital boosted their target price on shares of Seagate Technology from $350.00 to $465.00 and gave the stock a "buy" rating in a research note on Monday, November 10th. Barclays lifted their price objective on Seagate Technology from $200.00 to $240.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 29th. Susquehanna increased their target price on Seagate Technology from $80.00 to $150.00 and gave the company a "negative" rating in a report on Wednesday, October 29th. Rosenblatt Securities raised their target price on Seagate Technology from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Wednesday, October 29th. Finally, Wedbush lifted their price target on Seagate Technology from $260.00 to $290.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Seagate Technology presently has an average rating of "Moderate Buy" and an average price target of $293.13.

Seagate Technology Company Profile

Seagate Technology NASDAQ: STX is a global data storage company that designs, manufactures and sells a broad range of storage products and systems. The firm's product portfolio includes traditional hard disk drives (HDDs), solid-state drives (SSDs), hybrid storage devices and integrated storage systems aimed at enterprise, cloud, OEM and consumer markets. Seagate also provides services that support its hardware offerings, including data recovery and storage management solutions.

Seagate's products are used in a wide array of applications, from large-scale data centers and cloud infrastructure to desktop and portable consumer devices.

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