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:

• 1/29/2026 – Seagate Technology had its price target raised by analysts at Citigroup Inc. from $385.00 to $460.00. They now have a “buy” rating on the stock.
• 1/29/2026 – Seagate Technology had its price target raised by analysts at Robert W. Baird from $270.00 to $505.00. They now have an “outperform” rating on the stock.
• 1/28/2026 – Seagate Technology was given a new $500.00 price target on by analysts at KeyCorp.
• 1/28/2026 – Seagate Technology had its price target raised by analysts at Evercore ISI from $330.00 to $450.00. They now have an “outperform” rating on the stock.
• 1/28/2026 – Seagate Technology had its price target raised by analysts at The Goldman Sachs Group, Inc. from $310.00 to $385.00. They now have a “buy” rating on the stock.
• 1/28/2026 – Seagate Technology had its price target raised by analysts at UBS Group AG from $335.00 to $385.00. They now have a “neutral” rating on the stock.
• 1/28/2026 – Seagate Technology had its price target raised by analysts at Cantor Fitzgerald from $400.00 to $500.00. They now have an “overweight” rating on the stock.
• 1/28/2026 – Seagate Technology had its price target raised by analysts at Barclays PLC from $370.00 to $425.00. They now have an “equal weight” rating on the stock.
• 1/28/2026 – Seagate Technology had its price target raised by analysts at Wells Fargo & Company from $360.00 to $450.00. They now have an “equal weight” rating on the stock.
• 1/28/2026 – Seagate Technology had its price target raised by analysts at Rosenblatt Securities from $370.00 to $500.00. They now have a “buy” rating on the stock.
• 1/28/2026 – Seagate Technology had its price target raised by analysts at TD Cowen from $340.00 to $500.00. They now have a “buy” rating on the stock.
• 1/27/2026 – Seagate Technology had its price target raised by analysts at Mizuho from $370.00 to $400.00. They now have an “outperform” rating on the stock.
• 1/23/2026 – Seagate Technology had its price target raised by analysts at Wedbush from $290.00 to $380.00. They now have an “outperform” rating on the stock.
• 1/22/2026 – Seagate Technology had its price target raised by analysts at Morgan Stanley from $337.00 to $372.00. They now have an “overweight” rating on the stock.
• 1/21/2026 – Seagate Technology was upgraded by analysts at Exane BNP Paribas from a “hold” rating to a “strong-buy” rating.
• 1/21/2026 – Seagate Technology was upgraded by analysts at BNP Paribas Exane from a “neutral” rating to an “outperform” rating. They now have a $380.00 price target on the stock.
• 1/20/2026 – Seagate Technology had its price target raised by analysts at UBS Group AG from $230.00 to $335.00. They now have a “neutral” rating on the stock.
• 1/20/2026 – Seagate Technology had its price target raised by analysts at Citigroup Inc. from $320.00 to $385.00. They now have a “buy” rating on the stock.
• 1/20/2026 – Seagate Technology had its price target raised by analysts at Bank of America Corporation from $320.00 to $400.00. They now have a “buy” rating on the stock.
• 1/20/2026 – Seagate Technology had its price target raised by analysts at Rosenblatt Securities from $270.00 to $370.00. They now have a “buy” rating on the stock.
• 1/19/2026 – Seagate Technology was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating.
• 1/16/2026 – Seagate Technology was upgraded by analysts at Susquehanna from a “negative” rating to a “neutral” rating. They now have a $280.00 price target on the stock, up previously from $150.00.
• 1/15/2026 – Seagate Technology had its price target raised by analysts at Barclays PLC from $240.00 to $370.00. They now have an “equal weight” rating on the stock.
• 1/15/2026 – Seagate Technology had its price target raised by analysts at China Renaissance from $325.00 to $452.00. They now have a “buy” rating on the stock.
• 1/15/2026 – Seagate Technology had its price target raised by analysts at Wells Fargo & Company from $250.00 to $360.00. They now have an “equal weight” rating on the stock.
• 1/9/2026 – Seagate Technology had its price target raised by analysts at The Goldman Sachs Group, Inc. from $280.00 to $310.00. They now have a “buy” rating on the stock.
• 1/9/2026 – Seagate Technology had its price target raised by analysts at Mizuho from $290.00 to $370.00. They now have an “outperform” rating on the stock.
• 12/29/2025 – Seagate Technology had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 12/22/2025 – Seagate Technology had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 12/17/2025 – Seagate Technology had its price target raised by analysts at Morgan Stanley from $270.00 to $337.00. They now have an “overweight” rating on the stock.
• 12/16/2025 – Seagate Technology had its price target raised by analysts at Benchmark Co. from $255.00 to $325.00. They now have a “buy” rating on the stock.
• 12/15/2025 – Seagate Technology had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 12/8/2025 – Seagate Technology had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 12/5/2025 – Seagate Technology is now covered by analysts at China Renaissance. They set a “buy” rating and a $325.00 price target on the stock.
• 12/2/2025 – Seagate Technology had its price target raised by analysts at Citigroup Inc. from $275.00 to $320.00. They now have a “buy” rating on the stock.
• 12/1/2025 – Seagate Technology had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.

Seagate Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 25th will be given a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, March 25th. Seagate Technology’s dividend payout ratio (DPR) is 38.00%.

Insider Buying and Selling

In other Seagate Technology news, CFO Gianluca Romano sold 54,021 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $285.16, for a total transaction of $15,404,628.36. Following the transaction, the chief financial officer owned 56,293 shares of the company’s stock, valued at $16,052,511.88. The trade was a 48.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ban Seng Teh sold 1,412 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $299.31, for a total value of $422,625.72. Following the transaction, the executive vice president directly owned 13,693 shares in the company, valued at $4,098,451.83. The trade was a 9.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 126,152 shares of company stock worth $35,156,362 in the last 90 days. 0.79% of the stock is owned by corporate insiders.

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.