Seagate Technology (STX) Stock Price, News & Analysis

Company Overview

Seagate Technology (NASDAQ:STX) is a global leader in data storage solutions, specializing in the design, manufacturing and distribution of hard disk drives (HDDs), solid-state drives (SSDs) and storage subsystems. Since its founding in 1979 as Shugart Technology, the company has pioneered numerous innovations in magnetic storage. Over the decades, Seagate introduced the world’s first 5.25-inch HDD and continued to push capacity and performance boundaries, serving a wide range of applications from consumer electronics to large-scale enterprise data centers.

The company’s product portfolio encompasses a diverse array of storage devices and software solutions tailored to meet the needs of cloud service providers, hyperscale data centers, enterprises and individual consumers. Seagate’s enterprise offerings include high-capacity HDDs optimized for archival and cold storage, as well as NVMe and SAS SSDs engineered for high-throughput database and virtualization workloads. On the client side, Seagate delivers portable and desktop external drives, internal desktop HDDs, gaming drives and hybrid storage devices that blend HDD capacity with SSD speed. In addition, Seagate provides data management and recovery software designed to enhance storage reliability and simplify backup processes.

Headquartered in Cupertino, California, Seagate operates a global network of research and development centers, manufacturing facilities and customer support hubs across North America, Europe and Asia. Key production sites in Thailand and China leverage advanced automation and quality controls to produce drives at scale. The company’s leadership team is led by CEO Dave Mosley, who has championed a strategy focused on diversification into edge and cloud storage markets while maintaining a strong commitment to sustainability initiatives. Under Mosley’s tenure, Seagate has strengthened partnerships with hyperscale customers and extended its presence in emerging markets, positioning itself for continued growth in a data-driven world.

Key Stats

• Today's Range: $143.50 to $147.91
• 50-Day Range: $93.58 to $151.94
• 52-Week Range: $63.19 to $152.16
• Volume: 2.87 million shs
• Average Volume: 3.24 million shs
• Market Capitalization: $31.23 billion
• P/E Ratio: 21.27
• Dividend Yield: 1.96%
• Price Target: $125.53
• Consensus Rating: Moderate Buy

Seagate Technology Stock Analysis - MarketRank™

Seagate Technology scored higher than 89% of companies evaluated by MarketBeat, and ranked 83rd out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Seagate Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.62, and is based on 14 buy ratings, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Seagate Technology has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 62.23%

Earnings Growth

Earnings for Seagate Technology are expected to grow by 62.23% in the coming year, from $6.83 to $11.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Seagate Technology is 21.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of Seagate Technology is 21.27, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 36.85.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.75% of the float of Seagate Technology has been sold short.

Short Interest Ratio / Days to Cover

Seagate Technology has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Seagate Technology has recently increased by 4.35%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Seagate Technology pays a meaningful dividend of 1.99%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Seagate Technology has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Seagate Technology is 41.62%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Seagate Technology will have a dividend payout ratio of 25.99% next year. This indicates that Seagate Technology will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -2.06

Percentage of Shares Shorted

8.75% of the float of Seagate Technology has been sold short.

Short Interest Ratio / Days to Cover

Seagate Technology has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Seagate Technology has recently increased by 4.35%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.24

News Sentiment

Seagate Technology has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.86 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 21 news articles for Seagate Technology this week, compared to 15 articles on an average week.

Search Interest

38 people have searched for STX on MarketBeat in the last 30 days. This is an increase of 124% compared to the previous 30 days.

MarketBeat Follows

Only 15 people have added Seagate Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -12% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Seagate Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $47,582,998.00 in company stock.

Percentage Held by Insiders

Only 0.81% of the stock of Seagate Technology is held by insiders.

Percentage Held by Institutions

92.87% of the stock of Seagate Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

STX Stock Analysis - Frequently Asked Questions

How have STX shares performed this year?

Seagate Technology's stock was trading at $86.31 on January 1st, 2025. Since then, STX shares have increased by 70.5% and is now trading at $147.18.

How were Seagate Technology's earnings last quarter?

Seagate Technology Holdings PLC (NASDAQ:STX) posted its quarterly earnings data on Tuesday, April, 29th. The data storage provider reported $1.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.75 by $0.15. The company's revenue was up 30.5% on a year-over-year basis.
Read the conference call transcript.

Is Seagate Technology doing a stock buyback?

Seagate Technology's Board of Directors initiated a stock repurchase program on Thursday, May 22nd 2025, which authorizes the company to repurchase $5,000,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 21.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued.

Does Seagate Technology have any subsidiaries?

Seagate Technology subsidiaries include Lyve Minds Inc, Dot Hill Systems, EVault Inc, SandForce, Xyratex Ltd, LaCie, Samsung - Hard Disk Drive Business, and others.

Who are Seagate Technology's major shareholders?

Top institutional shareholders of Seagate Technology include Wedge Capital Management L L P NC (0.23%), Bell Bank (0.03%), Insight Wealth Strategies LLC (0.03%) and Czech National Bank (0.02%). Insiders that own company stock include William D Mosley, Gianluca Romano, Jeffrey D Nygaard, Katherine Schuelke, Judy Bruner, Stephanie Tilenius, Michael R Cannon, Ban Seng Teh, John Christopher Morris, Yolanda Lee Conyers, Jay L Geldmacher, Kian Fatt Chong and Edward J Zander.
View institutional ownership trends.

How do I buy shares of Seagate Technology?

Shares of STX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Seagate Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Seagate Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ) and Netflix (NFLX).

Company Calendar

• Last Earnings: 4/29/2025
• Record date for 7/8 Dividend: 6/25/2025
• Ex-Dividend for 7/8 Dividend: 6/25/2025
• Dividend Payable: 7/08/2025
• Today: 7/11/2025
• Next Earnings (Estimated): 7/22/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: COMP - INTEGT SYS
• Sub-Industry: Computer Hardware
• Current Symbol: NASDAQ:STX
• CIK: 1137789
• Web: www.seagate.com
• Phone: (531) 234-3136
• Fax: 353-1661-2040
• Employees: 30,000
• Year Founded: 1979

Price Target and Rating

• Average Price Target for Seagate Technology: $125.53
• High Price Target: $170.00
• Low Price Target: $68.00
• Potential Upside/Downside: -14.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.62
• Research Coverage: 21 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.92
• Trailing P/E Ratio: 21.27
• Forward P/E Ratio: 21.55
• P/E Growth: N/A
• Net Income: $335 million
• Net Margins: 17.49%
• Pretax Margin: 18.25%
• Return on Equity: -105.02%
• Return on Assets: 15.80%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.36
• Quick Ratio: 0.75

Sales & Book Value

• Annual Sales: $6.55 billion
• Price / Sales: 4.77
• Cash Flow: $1.98 per share
• Price / Cash Flow: 74.26
• Book Value: ($7.09) per share
• Price / Book: -20.76

Miscellaneous

• Outstanding Shares: 212,220,000
• Free Float: 210,498,000
• Market Cap: $31.23 billion
• Optionable: Optionable
• Beta: 1.45