Seagate Technology (STX) Stock Forecast, Price Target & Predictions


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STX Stock Forecast


Seagate Technology (STX) stock forecast, based on 45 Wall Street analysts, predicts a 12-month average price target of $129.25, with a high of $140.00 and a low of $112.00. This represents a 79.51% increase from the last price of $72.00.

$70 $84 $98 $112 $126 $140 High: $140 Avg: $129.25 Low: $112 Last Closed Price: $72

STX Stock Rating


Seagate Technology stock's rating consensus is Hold, based on 45 Wall Street analysts. The breakdown includes 1 Strong Buy (2.22%), 20 Buy (44.44%), 21 Hold (46.67%), 3 Sell (6.67%), and 0 Strong Sell (0.00%).

Hold
Total 45 3 21 20 1 Strong Sell Sell Hold Buy Strong Buy

STX Price Target Upside V Benchmarks


TypeNameUpside
StockSeagate Technology79.51%
SectorTechnology Stocks 33.74%

Price Target Trends


1M3M12M
# Anlaysts--13
Avg Price Target--$115.38
Last Closing Price$72.00$72.00$72.00
Upside/Downside--60.25%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2521271123
Mar, 2521261223
Feb, 2521381226
Jan, 25213111229
Dec, 24111111226
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 23, 2024Kevin CassidyRosenblatt Securities$140.00$112.6424.29%94.44%
Oct 23, 2024Toshiya HariGoldman Sachs$112.00$112.64-0.57%55.56%
Oct 23, 2024Asiya MerchantCitigroup$130.00$112.6415.41%80.56%
Oct 23, 2024Amit DaryananiEvercore ISI$135.00$112.6419.85%87.50%
Sep 04, 2024Asiya MerchantCitigroup$110.00$100.739.20%52.78%
Jul 24, 2024Mehdi HosseiniSusquehanna$65.00$105.30-38.27%-9.72%
Jul 24, 2024Erik WoodringMorgan Stanley$133.00$105.3026.31%84.72%
Jul 24, 2024Ananda BaruahLoop Capital Markets$135.00$105.3028.21%87.50%
Jul 24, 2024Kevin CassidyRosenblatt Securities$125.00$105.3018.71%73.61%
Jul 24, 2024Tom O'MalleyBarclays$95.00$105.30-9.78%31.94%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jan 22, 2025BenchmarkHoldBuyupgrade
Oct 23, 2024Cowen & Co.BuyBuyhold
Oct 23, 2024BenchmarkHoldHoldhold
Oct 23, 2024Goldman SachsNeutralNeutralhold
Oct 23, 2024CitigroupBuyBuyhold
Oct 23, 2024Evercore ISIOutperformOutperformhold
Oct 15, 2024Morgan StanleyOverweightOverweighthold
Sep 04, 2024CitigroupBuyBuyhold
Jul 24, 2024SusquehannaNegativeNegativehold
Jul 24, 2024Morgan StanleyOverweightOverweighthold

Financial Forecast


EPS Forecast

$-5 $-1 $3 $7 $11 $15 Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28
Reported$3.83$5.43$7.50$-2.56$1.60----
Avg Forecast$5.07$5.62$8.46$0.11$0.99$7.42$9.86$10.30$7.37
High Forecast$5.70$6.32$9.51$0.12$1.10$7.76$12.03$10.87$7.96
Low Forecast$4.58$5.08$7.65$0.10$0.94$7.28$8.80$10.00$6.82
Surprise %-24.46%-3.38%-11.35%-2427.27%61.62%----

Revenue Forecast

$7B $8B $9B $10B $12B $13B Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28
Reported$10.51B$10.68B$11.66B$7.38B$6.55B----
Avg Forecast$10.60B$10.64B$11.83B$7.46B$6.53B$8.94B$10.19B$10.11B$10.16B
High Forecast$11.62B$11.66B$12.96B$7.92B$6.54B$9.10B$10.69B$10.23B$10.79B
Low Forecast$9.82B$9.85B$10.95B$7.03B$6.52B$8.84B$9.79B$9.99B$9.58B
Surprise %-0.86%0.39%-1.40%-1.02%0.25%----

Net Income Forecast

$-1B $-200M $600M $1B $2B $3B Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28
Reported$1.00B$1.31B$1.65B$-529.00M$335.00M----
Avg Forecast$1.63B$1.19B$1.79B$22.99M$1.18B$1.59B$2.21B$2.21B$1.56B
High Forecast$1.95B$1.34B$2.02B$24.77M$1.41B$1.65B$2.55B$2.31B$1.69B
Low Forecast$1.30B$1.08B$1.62B$21.21M$943.20M$1.54B$1.86B$2.12B$1.45B
Surprise %-38.35%10.29%-8.03%-2401.18%-71.59%----

STX Forecast FAQ


Is Seagate Technology stock a buy?

Seagate Technology stock has a consensus rating of Hold, based on 45 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 20 Buy, 21 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Seagate Technology is a neutral investment for most analysts.

What is Seagate Technology's price target?

Seagate Technology's price target, set by 45 Wall Street analysts, averages $129.25 over the next 12 months. The price target range spans from $112 at the low end to $140 at the high end, suggesting a potential 79.51% change from the previous closing price of $72.

How does Seagate Technology stock forecast compare to its benchmarks?

Seagate Technology's stock forecast shows a 79.51% upside, outperforming the average forecast for the technology stocks sector (33.74%).

What is the breakdown of analyst ratings for Seagate Technology over the past three months?

  • April 2025: 8.70% Strong Buy, 52.17% Buy, 30.43% Hold, 4.35% Sell, 4.35% Strong Sell.
  • March 2025: 8.70% Strong Buy, 52.17% Buy, 26.09% Hold, 4.35% Sell, 8.70% Strong Sell.
  • February 2025: 7.69% Strong Buy, 50.00% Buy, 30.77% Hold, 3.85% Sell, 7.69% Strong Sell.

What is Seagate Technology’s EPS forecast?

Seagate Technology's average annual EPS forecast for its fiscal year ending in June 2025 is $7.42, marking a 363.75% increase from the reported $1.6 in 2024. Estimates for the following years are $9.86 in 2026, $10.3 in 2027, and $7.37 in 2028.

What is Seagate Technology’s revenue forecast?

Seagate Technology's average annual revenue forecast for its fiscal year ending in June 2025 is $8.94B, reflecting a 36.39% increase from the reported $6.55B in 2024. The forecast for 2026 is $10.19B, followed by $10.11B for 2027, and $10.16B for 2028.

What is Seagate Technology’s net income forecast?

Seagate Technology's net income forecast for the fiscal year ending in June 2025 stands at $1.59B, representing an 376.09% increase from the reported $335M in 2024. Projections indicate $2.21B in 2026, $2.21B in 2027, and $1.56B in 2028.