Seagate Technology (NASDAQ:STX – Get Free Report) is expected to be releasing its Q4 2026 results after the market closes on Tuesday, July 28th. Analysts expect Seagate Technology to announce earnings of $5.10 per share and revenue of $3.4898 billion for the quarter. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. Parties may review the information on the company’s upcoming Q4 2026 earning report for the latest details on the call scheduled for Tuesday, July 28, 2026 at 5:00 PM ET.
Seagate Technology (NASDAQ:STX – Get Free Report) last announced its earnings results on Tuesday, April 28th. The data storage provider reported $4.10 earnings per share for the quarter, beating analysts’ consensus estimates of $3.51 by $0.59. The business had revenue of $3.11 billion during the quarter, compared to analyst estimates of $2.96 billion. Seagate Technology had a net margin of 21.60% and a return on equity of 1,005.65%. The company’s quarterly revenue was up 44.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.90 EPS. On average, analysts expect Seagate Technology to post $14 EPS for the current fiscal year and $27 EPS for the next fiscal year.
Seagate Technology Price Performance
NASDAQ STX opened at $851.69 on Friday. The stock has a market capitalization of $190.97 billion, a price-to-earnings ratio of 80.81 and a beta of 2.04. Seagate Technology has a 1-year low of $138.30 and a 1-year high of $1,145.00. The company has a debt-to-equity ratio of 3.16, a current ratio of 1.33 and a quick ratio of 0.85. The business’s fifty day moving average price is $893.15 and its 200-day moving average price is $610.20.
Seagate Technology Dividend Announcement
Insider Transactions at Seagate Technology
In other Seagate Technology news, EVP John Christopher Morris sold 5,626 shares of Seagate Technology stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $738.37, for a total value of $4,154,069.62. Following the sale, the executive vice president owned 11,954 shares of the company’s stock, valued at $8,826,474.98. The trade was a 32.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ban Seng Teh sold 8,003 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $817.28, for a total value of $6,540,691.84. Following the sale, the executive vice president directly owned 3,691 shares in the company, valued at $3,016,580.48. This trade represents a 68.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 151,069 shares of company stock worth $126,191,753. 0.79% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Seagate Technology
Hedge funds have recently bought and sold shares of the business. Sivia Capital Partners LLC bought a new stake in Seagate Technology during the second quarter worth approximately $262,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Seagate Technology in the 3rd quarter valued at approximately $200,000. Quattro Advisors LLC purchased a new position in shares of Seagate Technology in the 4th quarter worth approximately $104,000. Gen Wealth Partners Inc boosted its holdings in shares of Seagate Technology by 256.0% in the 4th quarter. Gen Wealth Partners Inc now owns 356 shares of the data storage provider’s stock worth $98,000 after purchasing an additional 256 shares during the period. Finally, MUFG Securities EMEA plc bought a new position in shares of Seagate Technology during the 2nd quarter valued at approximately $90,000. Hedge funds and other institutional investors own 92.87% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Wedbush increased their price objective on shares of Seagate Technology from $700.00 to $825.00 and gave the stock an “outperform” rating in a research note on Monday, April 27th. Wells Fargo & Company upgraded Seagate Technology from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $900.00 to $1,100.00 in a research report on Friday, July 10th. Evercore boosted their target price on shares of Seagate Technology from $750.00 to $1,000.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. The Goldman Sachs Group upped their target price on shares of Seagate Technology from $385.00 to $700.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Zacks Research cut shares of Seagate Technology from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Twenty-two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Seagate Technology has an average rating of “Moderate Buy” and an average price target of $898.52.
Check Out Our Latest Research Report on Seagate Technology
Key Headlines Impacting Seagate Technology
Here are the key news stories impacting Seagate Technology this week:
- Positive Sentiment: Several previews say Seagate remains well positioned to beat fiscal Q4 expectations, citing AI-driven storage demand, rising HAMR adoption, and improving margins that could support another strong earnings report. Article title: STX Likely to Beat Q4 Earnings: Is it a Portfolio Must-Have Now?
- Positive Sentiment: Another earnings preview argues Seagate’s AI tailwinds are intact, with higher-density storage demand and operating leverage supporting profitability, though valuation has become less compelling. Article title: Seagate Earnings Preview: AI Tailwinds Remain, But Fading Sentiment Caps The Premium
- Positive Sentiment: Commentary from the last two days says Seagate could rebound after being off from recent highs if earnings confirm strong demand for high-capacity storage. Article title: Seagate Stock Is Off 20% From Its High. Why July 28 Earnings Could Trigger a Rebound.
- Neutral Sentiment: Short-interest data showed no meaningful change in borrowed shares, so it does not appear to be a major driver of trading today.
- Neutral Sentiment: One market note highlighted rising losses across mega-cap AI names like Tesla, Alphabet, Meta, Amazon, and Microsoft, reinforcing the broader risk-off tone in AI-related stocks. Article title: Why Tesla, Google, and other Mag 7 stocks are losing billions in valuation
- Negative Sentiment: A trading-focused report says Seagate is falling on broad semiconductor weakness and concerns that AI spending may be shifting, which is likely weighing on the shares despite upbeat earnings expectations. Article title: Why Is Seagate Stock Falling on Friday?
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.
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