Seagate Technology (STX) Projected to Post Earnings on Tuesday

Seagate Technology (NASDAQ:STX - Get Free Report) is expected to be issuing its Q1 2026 results after the market closes on Tuesday, October 28th. Analysts expect the company to announce earnings of $2.34 per share and revenue of $2.54 billion for the quarter. Seagate Technology has set its Q1 2026 guidance at 2.100-2.500 EPS.Investors can find conference call details on the company's upcoming Q1 2026 earningreport page for the latest details on the call scheduled for Tuesday, October 28, 2025 at 5:00 PM ET.

Seagate Technology (NASDAQ:STX - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The data storage provider reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.14. Seagate Technology had a negative return on equity of 169.60% and a net margin of 16.15%.The company had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same quarter last year, the company earned $1.05 earnings per share. The firm's quarterly revenue was up 29.5% on a year-over-year basis. On average, analysts expect Seagate Technology to post $7 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Seagate Technology Trading Down 4.9%

STX opened at $214.40 on Tuesday. Seagate Technology has a 12-month low of $63.19 and a 12-month high of $264.83. The stock has a 50-day moving average price of $199.34 and a 200-day moving average price of $146.99. The stock has a market capitalization of $45.66 billion, a P/E ratio of 31.67, a PEG ratio of 1.01 and a beta of 1.63.

Seagate Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Tuesday, September 30th were paid a $0.72 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $2.88 annualized dividend and a dividend yield of 1.3%. Seagate Technology's dividend payout ratio is presently 42.54%.

Insider Activity

In related news, insider James Ci Lee sold 3,509 shares of Seagate Technology stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $154.74, for a total value of $542,982.66. Following the completion of the transaction, the insider owned 1,288 shares in the company, valued at approximately $199,305.12. This trade represents a 73.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Ban Seng Teh sold 5,905 shares of Seagate Technology stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $155.00, for a total value of $915,275.00. Following the completion of the transaction, the executive vice president owned 6,147 shares of the company's stock, valued at approximately $952,785. This represents a 49.00% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 75,620 shares of company stock valued at $14,464,056. 0.79% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sivia Capital Partners LLC purchased a new position in Seagate Technology in the second quarter worth about $262,000. Integrated Wealth Concepts LLC boosted its position in shares of Seagate Technology by 168.0% during the first quarter. Integrated Wealth Concepts LLC now owns 7,177 shares of the data storage provider's stock valued at $610,000 after buying an additional 4,499 shares during the period. Teza Capital Management LLC purchased a new position in shares of Seagate Technology during the second quarter valued at approximately $529,000. Orion Porfolio Solutions LLC boosted its position in shares of Seagate Technology by 36.4% during the second quarter. Orion Porfolio Solutions LLC now owns 3,346 shares of the data storage provider's stock valued at $483,000 after buying an additional 893 shares during the period. Finally, Two Sigma Securities LLC purchased a new position in shares of Seagate Technology during the second quarter valued at approximately $398,000. Hedge funds and other institutional investors own 92.87% of the company's stock.

Wall Street Analyst Weigh In

STX has been the topic of several recent analyst reports. Mizuho increased their target price on Seagate Technology from $245.00 to $280.00 and gave the company an "outperform" rating in a research note on Friday. Citigroup raised their target price on Seagate Technology from $215.00 to $250.00 and gave the stock a "buy" rating in a report on Monday, October 13th. Wedbush raised their price target on Seagate Technology from $175.00 to $260.00 and gave the company an "outperform" rating in a report on Thursday, October 16th. Morgan Stanley raised their price target on Seagate Technology from $168.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, September 29th. Finally, Barclays raised their price target on Seagate Technology from $180.00 to $200.00 and gave the company an "equal weight" rating in a report on Thursday, September 11th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Seagate Technology currently has an average rating of "Moderate Buy" and a consensus price target of $233.40.

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.

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