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

Several analysts have recently updated their ratings and price targets for Seagate Technology (NASDAQ: STX):

• 2/17/2026 – Seagate Technology was upgraded by Zacks Research from “hold” to “strong-buy”.
• 2/17/2026 – Seagate Technology had its price target raised by Mizuho from $440.00 to $475.00. They now have an “outperform” rating on the stock.
• 2/9/2026 – Seagate Technology had its price target raised by UBS Group AG from $385.00 to $440.00. They now have a “neutral” rating on the stock.
• 2/9/2026 – Seagate Technology had its price target raised by Loop Capital from $465.00 to $700.00. They now have a “buy” rating on the stock.
• 2/6/2026 – Seagate Technology had its price target raised by Citigroup Inc. from $460.00 to $480.00. They now have a “buy” rating on the stock.
• 2/4/2026 – Seagate Technology had its “hold” rating reaffirmed by Jefferies Financial Group Inc..
• 2/4/2026 – Seagate Technology had its price target raised by BNP Paribas Exane from $430.00 to $530.00. They now have an “outperform” rating on the stock.
• 2/4/2026 – Seagate Technology had its price target raised by Cantor Fitzgerald from $500.00 to $650.00. They now have an “overweight” rating on the stock.
• 1/29/2026 – Seagate Technology had its price target raised by Argus from $300.00 to $450.00. They now have a “buy” rating on the stock.
• 1/29/2026 – Seagate Technology had its price target raised by 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 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 by KeyCorp.
• 1/28/2026 – Seagate Technology had its price target raised by Evercore Inc 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 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 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 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 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 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 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 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 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 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 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 BNP Paribas Exane from “neutral” to “outperform”. They now have a $380.00 price target on the stock.
• 1/20/2026 – Seagate Technology had its price target raised by 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 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 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 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 Zacks Research from “strong-buy” to “hold”.
• 1/16/2026 – Seagate Technology was upgraded by Susquehanna from “negative” to “neutral”. They now have a $280.00 price target on the stock, up from $150.00.
• 1/15/2026 – Seagate Technology had its price target raised by 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 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 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 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 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 Weiss Ratings.

Seagate Technology Announces Dividend

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 $0.74 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $2.96 annualized dividend and a yield of 0.7%. Seagate Technology’s dividend payout ratio (DPR) is 33.48%.

Insider Activity

In related news, EVP Kian Fatt Chong sold 5,846 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $416.48, for a total transaction of $2,434,742.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Yolanda Lee Conyers sold 750 shares of Seagate Technology stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $272.91, for a total value of $204,682.50. Following the transaction, the director directly owned 5,601 shares of the company’s stock, valued at approximately $1,528,568.91. The trade was a 11.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 89,801 shares of company stock worth $32,360,491 over the last 90 days. Insiders own 0.79% of the company’s stock.

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.