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Seagate Rises Ahead of Earnings as Strong Guidance and Analyst Optimism Support Shares

Investivoq PriceTracker

Seagate Technology Holdings (STX) is up 5.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied mainly to investors positioning ahead of Seagate’s fiscal first-quarter 2027 earnings report, which is scheduled for after the U.S. market close on October 27, 2026. Support for the rally also likely came from the company’s previously issued outlook, which pointed to another strong quarter, along with fresh analyst optimism heading into the release.

Details:

  • Seagate said on October 13 that it would report fiscal first-quarter 2027 results after the market closes on Tuesday, October 27, 2026, setting up a near-term catalyst for the stock.
  • In its July quarterly release, Seagate guided for fiscal first-quarter 2027 revenue of about $4.1 billion, plus or minus $100 million, and non-GAAP diluted EPS of $7.30, plus or minus $0.20.
  • Seagate’s most recent reported quarter showed strong momentum, including fiscal 2026 revenue of $12.2 billion, annual growth of 34%, and free cash flow of $3.1 billion, reinforcing the view that demand trends remain favorable.
  • Wall Street sentiment also looked supportive on October 26, with at least one price-target increase and other bullish positioning ahead of earnings, which could have added to the day’s upside move.

    • Sources:

    Seagate Investor Relations, MarketBeat, Google Finance

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $STX Insider Trading Activity

    STX Insider Trades

    $STX insiders have traded $STX stock on the open market 545 times in the past 6 months. Of those trades, 0 have been purchases and 545 have been sales.

    Here’s a breakdown of recent trading of $STX stock by insiders over the last 6 months:

    • WILLIAM D MOSLEY (CEO) has made 0 purchases and 240 sales selling 305,369 shares for an estimated $252,810,857.
    • GIANLUCA ROMANO (EVP & CFO) has made 0 purchases and 113 sales selling 136,325 shares for an estimated $109,978,079.
    • BAN SENG TEH (EVP & Chief Commercial Officer) has made 0 purchases and 98 sales selling 94,202 shares for an estimated $76,426,540.
    • JOHN CHRISTOPHER MORRIS (EVP & CTO) has made 0 purchases and 53 sales selling 37,654 shares for an estimated $30,418,335.
    • JAMES CI LEE (EVP & CLO) has made 0 purchases and 35 sales selling 14,885 shares for an estimated $12,125,608.
    • YOLANDA LEE CONYERS has made 0 purchases and 2 sales selling 1,500 shares for an estimated $1,275,330.
    • STEPHANIE TILENIUS has made 0 purchases and 2 sales selling 1,580 shares for an estimated $1,211,249.
    • PRAT BHATT sold 1,000 shares for an estimated $929,880
    • SHANKAR ARUMUGAVELU sold 1,000 shares for an estimated $927,680

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $STX Hedge Fund Activity

    We have seen 1,068 institutional investors add shares of $STX stock to their portfolio, and 739 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • SANDERS CAPITAL, LLC removed 9,409,982 shares (-73.0%) from their portfolio in Q2 2026, for an estimated $9,080,632,630
    • JPMORGAN CHASE & CO added 5,201,103 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,019,064,395
    • INVESCO LTD. added 4,937,030 shares (+189.9%) to their portfolio in Q2 2026, for an estimated $4,764,233,950
    • WELLINGTON MANAGEMENT GROUP LLP added 2,326,538 shares (+2655.9%) to their portfolio in Q2 2026, for an estimated $2,245,109,170
    • NOMURA ASSET MANAGEMENT INTERNATIONAL INC. removed 1,798,886 shares (-99.7%) from their portfolio in Q2 2026, for an estimated $1,735,924,990
    • FRANKLIN RESOURCES INC removed 1,720,116 shares (-48.9%) from their portfolio in Q2 2026, for an estimated $1,659,911,940
    • DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN removed 1,511,670 shares (-41.8%) from their portfolio in Q2 2026, for an estimated $1,458,761,550

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $STX Congressional Stock Trading

    Members of Congress have traded $STX stock 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

    Here’s a breakdown of recent trading of $STX stock by members of Congress over the last 6 months:

    • REPRESENTATIVE LISA C. MCCLAIN sold up to $50,000 on 09/30.
    • REPRESENTATIVE KEVIN HERN sold up to $15,000 on 09/15.

    To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.

    $STX Analyst Ratings

    Wall Street analysts have issued reports on $STX in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Barclays issued a "Overweight" rating on 04/30/2026

    To track analyst ratings and price targets for $STX, check out Investivoq's $STX forecast page.

    $STX Price Targets

    Multiple analysts have issued price targets for $STX recently. We have seen 10 analysts offer price targets for $STX in the last 6 months, with a median target of $1017.5.

    Here are some recent targets:

    • Mehdi Hosseini from Susquehanna set a target price of $775.0 on 07/08/2026
    • Wamsi Mohan from B of A Securities set a target price of $1150.0 on 07/01/2026
    • C.J. Muse from Cantor Fitzgerald set a target price of $1300.0 on 06/29/2026
    • Erik Woodring from Morgan Stanley set a target price of $1035.0 on 06/15/2026
    • Samik Chatterjee from JP Morgan set a target price of $920.0 on 06/12/2026
    • Vijay Rakesh from Mizuho set a target price of $1090.0 on 06/08/2026
    • Asiya Merchant from Citigroup set a target price of $1150.0 on 06/02/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.