Research Analysts’ Recent Ratings Updates for Seagate Technology (STX)

Several brokerages have updated their recommendations and price targets on shares of Seagate Technology (NASDAQ: STX) in the last few weeks:

• 11/2/2026 – Seagate Technology was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 11/2/2026 – Seagate Technology had its “buy” rating reaffirmed by UBS Group.
• 10/28/2026 – Seagate Technology had its price target lowered by UBS Group from $780.00 to $750.00. They now have a “neutral” rating on the stock.
• 10/28/2026 – Seagate Technology had its “outperform” rating reaffirmed by Evercore.
• 10/28/2026 – Seagate Technology was given a new $1,350.00 price target by Robert W. Baird.
• 10/28/2026 – Seagate Technology had its price target lowered by Citigroup from $1,300.00 to $1,050.00. They now have a “buy” rating on the stock.
• 10/28/2026 – Seagate Technology had its price target lowered by Wells Fargo & Company from $865.00 to $820.00. They now have an “overweight” rating on the stock.
• 10/28/2026 – Seagate Technology was downgraded by Summit Insights from “buy” to “hold”.
• 10/28/2026 – Seagate Technology had its price target lowered by TD Cowen from $1,000.00 to $900.00. They now have a “buy” rating on the stock.
• 10/28/2026 – Seagate Technology had its price target lowered by Susquehanna from $925.00 to $765.00. They now have a “neutral” rating on the stock.
• 10/28/2026 – Seagate Technology had its “outperform” rating reaffirmed by Wedbush. They now have a $1,000.00 price target on the stock.
• 10/28/2026 – Seagate Technology had its price target lowered by Morgan Stanley from $1,200.00 to $1,148.00. They now have an “overweight” rating on the stock.
• 10/26/2026 – Seagate Technology had its price target lowered by Rosenblatt Securities from $1,400.00 to $1,100.00. They now have a “buy” rating on the stock.
• 10/26/2026 – Seagate Technology had its price target lowered by Cantor Fitzgerald from $1,300.00 to $1,000.00. They now have an “overweight” rating on the stock.
• 10/21/2026 – Seagate Technology had its price target raised by Bank of America from $1,150.00 to $1,200.00. They now have a “buy” rating on the stock.
• 10/20/2026 – Seagate Technology had its price target raised by Morgan Stanley from $1,187.00 to $1,200.00. They now have an “overweight” rating on the stock.
• 10/16/2026 – Seagate Technology was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 10/16/2026 – Seagate Technology had its price target lowered by Wells Fargo & Company from $1,180.00 to $865.00. They now have an “overweight” rating on the stock.
• 10/2/2026 – Seagate Technology was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 9/28/2026 – Seagate Technology was downgraded by Zacks Research from “strong-buy” to “hold”.
• 9/26/2026 – Seagate Technology was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 9/21/2026 – Seagate Technology had its “buy (b)” rating reaffirmed by Weiss Ratings.

Seagate Technology Price Performance

NASDAQ:STX traded down $21.00 during trading hours on Friday, hitting $524.14. The company’s stock had a trading volume of 2,634,346 shares, compared to its average volume of 4,545,521. Seagate Technology Holdings PLC has a 52-week low of $228.61 and a 52-week high of $1,145.00. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.25 and a current ratio of 1.82. The business’s 50-day moving average is $746.01 and its two-hundred day moving average is $697.37. The company has a market capitalization of $120.32 billion, a PE ratio of 27.53 and a beta of 2.16.

Seagate Technology (NASDAQ:STX) last posted its quarterly earnings results on Tuesday, October 27th. The data storage provider reported $7.68 earnings per share for the quarter, topping analysts’ consensus estimates of $7.44 by $0.24. The business had revenue of $4.23 billion for the quarter, compared to analysts’ expectations of $4.15 billion. Seagate Technology had a net margin of 31.86% and a return on equity of 252.47%. The business’s revenue for the quarter was up 61.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.61 EPS. As a group, research analysts anticipate that Seagate Technology Holdings PLC will post 37.96 EPS for the current fiscal year.

Seagate Technology Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Wednesday, December 23rd will be given a dividend of $0.76 per share. The ex-dividend date is Wednesday, December 23rd. This is a positive change from Seagate Technology’s previous quarterly dividend of $0.74. This represents a $3.04 dividend on an annualized basis and a yield of 0.6%. Seagate Technology’s dividend payout ratio (DPR) is presently 15.55%.

Insider Activity at Seagate Technology

In related news, EVP John Morris sold 2,675 shares of the business’s stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $650.15, for a total value of $1,739,151.25. Following the sale, the executive vice president directly owned 20,933 shares in the company, valued at $13,609,589.95. The trade was a 11.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP James Lee sold 547 shares of the stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $642.14, for a total transaction of $351,250.58. Following the completion of the sale, the executive vice president directly owned 1,037 shares in the company, valued at approximately $665,899.18. The trade was a 34.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 439,747 shares of company stock valued at $349,271,735 in the last 90 days. 0.51% of the stock is owned by corporate insiders.

Seagate Technology develops and supplies data-storage products and solutions for businesses and consumers. Its portfolio includes hard disk drives (HDDs), solid-state drives, and storage systems designed for applications ranging from personal computing to large-scale data centers. The company’s products support cloud and enterprise storage, network-attached storage, video surveillance, gaming, and other uses that require digital data to be stored and accessed. Seagate also offers data-management and storage services through its Lyve platform.