Seagate Technology (STX) to Announce Earnings on Tuesday

Seagate Technology (NASDAQ:STX) will likely be announcing its Q4 2026 results after the market closes on Tuesday, July 28th. Analysts expect Seagate Technology to post 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. Individuals may review the information on the company’s upcoming Q4 2026 earning summary page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 5:00 PM ET.

Seagate Technology (NASDAQ:STX) last posted its quarterly earnings results on Tuesday, April 28th. The data storage provider reported $4.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.51 by $0.59. The company had revenue of $3.11 billion for the quarter, compared to analyst estimates of $2.96 billion. Seagate Technology had a return on equity of 1,005.65% and a net margin of 21.60%.Seagate Technology’s revenue for the quarter was up 44.1% compared to the same quarter last year. During the same quarter last year, the company 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 Stock Performance

Shares of STX opened at $802.45 on Tuesday. Seagate Technology has a 1 year low of $138.30 and a 1 year high of $1,145.00. The stock has a market capitalization of $179.93 billion, a PE ratio of 76.13 and a beta of 2.04. The company has a debt-to-equity ratio of 3.16, a quick ratio of 0.85 and a current ratio of 1.33. The stock has a 50-day simple moving average of $886.38 and a 200-day simple moving average of $595.30.

Seagate Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, June 24th were issued a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $2.96 annualized dividend and a yield of 0.4%. Seagate Technology’s dividend payout ratio (DPR) is 28.08%.

Insiders Place Their Bets

In other news, CFO Gianluca Romano sold 22,488 shares of Seagate Technology stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $774.22, for a total transaction of $17,410,659.36. Following the sale, the chief financial officer owned 42,847 shares in the company, valued at approximately $33,173,004.34. The trade was a 34.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ban Seng Teh sold 8,003 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $817.28, for a total value of $6,540,691.84. Following the completion of the sale, the executive vice president directly owned 3,691 shares of the company’s stock, valued at $3,016,580.48. The trade was 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 ninety days, insiders sold 151,069 shares of company stock valued at $126,191,753. 0.79% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Rakuten Securities Inc. lifted its stake in 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 during the last quarter. Quarry LP acquired a new stake in shares of Seagate Technology in the fourth quarter valued at approximately $31,000. Palisade Asset Management LLC purchased a new position in shares of Seagate Technology during the third quarter worth approximately $37,000. Larson Financial Group LLC grew its position in shares of Seagate Technology by 41.9% during the third quarter. Larson Financial Group LLC now owns 166 shares of the data storage provider’s stock worth $39,000 after acquiring an additional 49 shares during the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new position in shares of Seagate Technology in the 4th quarter valued at $41,000. Institutional investors and hedge funds own 92.87% of the company’s stock.

Wall Street Analyst Weigh In

STX has been the subject of a number of recent research reports. Wells Fargo & Company upgraded shares of Seagate Technology from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $900.00 to $1,100.00 in a research note on Friday, July 10th. Zacks Research downgraded shares of Seagate Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Bank of America raised their price objective on shares of Seagate Technology from $1,000.00 to $1,150.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. The Goldman Sachs Group lifted their price objective 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, Morgan Stanley boosted their target price on shares of Seagate Technology from $767.00 to $1,035.00 and gave the stock an “overweight” rating in a research note on Monday, June 15th. Twenty-two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $898.52.

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.