Seagate Technology Holdings PLC (NASDAQ:STX) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Seagate Technology Holdings PLC (NASDAQ:STX) have earned an average recommendation of “Moderate Buy” from the twenty-four ratings firms that are covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation, eighteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $447.3478.

STX has been the topic of a number of research analyst reports. The Goldman Sachs Group increased their price target on Seagate Technology from $310.00 to $385.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Weiss Ratings reiterated a “buy (b)” rating on shares of Seagate Technology in a report on Monday, December 29th. Argus increased their price objective on shares of Seagate Technology from $300.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Bank of America raised their target price on shares of Seagate Technology from $320.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Finally, Loop Capital lifted their target price on shares of Seagate Technology from $465.00 to $700.00 and gave the stock a “buy” rating in a report on Monday, February 9th.

Seagate Technology Trading Up 0.3%

Seagate Technology stock opened at $380.07 on Friday. Seagate Technology has a 52 week low of $63.19 and a 52 week high of $459.84. The company has a debt-to-equity ratio of 7.63, a quick ratio of 0.72 and a current ratio of 1.12. The stock has a market capitalization of $82.88 billion, a P/E ratio of 42.99, a PEG ratio of 0.84 and a beta of 1.61. The stock has a 50-day simple moving average of $397.40 and a 200 day simple moving average of $306.61.

Seagate Technology (NASDAQ:STX) last released its quarterly earnings data on Tuesday, January 27th. The data storage provider reported $3.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.77 by $0.34. Seagate Technology had a negative return on equity of 936.38% and a net margin of 19.59%.The firm had revenue of $2.83 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the prior year, the company earned $2.03 earnings per share. The business’s revenue for the quarter was up 21.5% compared to the same quarter last year. Seagate Technology has set its Q3 2026 guidance at 3.200-3.600 EPS. Analysts expect that Seagate Technology will post 6.83 earnings per share for the current year.

Seagate Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 25th will be given a dividend of $0.74 per share. The ex-dividend date is Wednesday, March 25th. This represents a $2.96 annualized dividend and a yield of 0.8%. Seagate Technology’s dividend payout ratio (DPR) is 33.48%.

Key Seagate Technology News

Here are the key news stories impacting Seagate Technology this week:

• Positive Sentiment: Zacks highlights Seagate as a “strong growth stock,” pointing to its growth scores and investor-friendly metrics that support a growth-oriented thesis for STX. Here’s Why Seagate (STX) is a Strong Growth Stock
• Positive Sentiment: MarketBeat flags Seagate among the most upgraded stocks in 2026, signaling rising analyst optimism which can support upward price momentum and investor interest. Analyst Optimism: MarketBeat’s Most Upgraded Stocks of 2026
• Positive Sentiment: Seagate joined the AR Alliance (SPIE), expanding partnerships across optics/AR suppliers — a strategic tie that could open new enterprise and edge storage opportunities over time. Twelve New Member Companies join the AR Alliance
• Neutral Sentiment: Comparative research pieces (Zacks/Yahoo) weigh Seagate against IBM for enterprise storage exposure — they underline different plays on the AI/data boom (Seagate: HAMR, cash flow; IBM: hybrid cloud/AI platform). This frames STX as a hardware/capacity play versus platform peers. Seagate vs. IBM: Which Enterprise Storage Stock is the Better Bet? Seagate vs. IBM (Zacks)
• Negative Sentiment: Alphabet’s new TurboQuant and related research prompted concerns that models will need less memory, triggering sector selling (Micron and peers) and briefly pressuring STX. Coverage notes an immediate negative read-through for storage/memory demand assumptions. Did Alphabet Just End the AI Memory Boom?
• Negative Sentiment: News pieces report an afternoon slide in STX shares after Google’s TurboQuant disclosure, and broader sell-side/commentary warns macro/interest‑rate pressures continue to weigh on hardware names. These dynamics increase short-term volatility risk. Why Seagate (STX) Shares Are Sliding Today SNDK, WDC and STX Forecasts – FXEmpire

Insider Activity at Seagate Technology

In other news, CEO William D. Mosley sold 24,584 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $406.77, for a total value of $10,000,033.68. Following the transaction, the chief executive officer owned 375,591 shares of the company’s stock, valued at approximately $152,779,151.07. This represents a 6.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ban Seng Teh sold 20,195 shares of the stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $442.29, for a total value of $8,932,046.55. Following the transaction, the executive vice president owned 3,092 shares in the company, valued at approximately $1,367,560.68. This trade represents a 86.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 113,635 shares of company stock valued at $44,430,443. Insiders own 0.79% of the company’s stock.

Institutional Investors Weigh In On Seagate Technology

Institutional investors have recently modified their holdings of the business. Salomon & Ludwin LLC raised its stake in Seagate Technology by 124.4% in the 4th quarter. Salomon & Ludwin LLC now owns 92 shares of the data storage provider’s stock worth $27,000 after purchasing an additional 51 shares in the last quarter. Rakuten Securities Inc. raised its position in shares of Seagate Technology by 884.2% in the second quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock valued at $27,000 after buying an additional 168 shares in the last quarter. Armstrong Advisory Group Inc. acquired a new stake in shares of Seagate Technology in the fourth quarter valued at approximately $28,000. Avion Wealth boosted its stake in shares of Seagate Technology by 343.5% in the fourth quarter. Avion Wealth now owns 102 shares of the data storage provider’s stock valued at $28,000 after buying an additional 79 shares during the period. Finally, Concord Wealth Partners acquired a new stake in Seagate Technology during the fourth quarter worth approximately $28,000. Institutional investors own 92.87% of the company’s stock.

About Seagate Technology

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.