Seagate Technology (STX) Stock Forecast, Price Target & Predictions
STX Stock Forecast
Seagate Technology stock forecast is as follows: an average price target of $108.94 (represents a 7.39% upside from STX’s last price of $101.44) and a rating consensus of 'Buy', based on 23 wall street analysts offering a 1-year stock forecast.
STX Price Target
STX Analyst Ratings
Seagate Technology Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 04, 2024 | Asiya Merchant | Citigroup | $110.00 | $100.73 | 9.20% | 8.44% |
Jul 24, 2024 | Mehdi Hosseini | Susquehanna | $65.00 | $105.30 | -38.27% | -35.92% |
Jul 24, 2024 | Erik Woodring | Morgan Stanley | $133.00 | $105.30 | 26.31% | 31.11% |
Jul 24, 2024 | Ananda Baruah | Loop Capital Markets | $135.00 | $105.30 | 28.21% | 33.08% |
Jul 24, 2024 | Kevin Cassidy | Rosenblatt Securities | $125.00 | $105.30 | 18.71% | 23.23% |
Jul 24, 2024 | Tom O'Malley | Barclays | $95.00 | $105.30 | -9.78% | -6.35% |
Jul 08, 2024 | Timothy Arcuri | UBS | $110.00 | $103.88 | 5.90% | 8.44% |
May 31, 2024 | Vijay Rakesh | Mizuho Securities | $110.00 | $93.71 | 17.38% | 8.44% |
May 01, 2024 | Matt Bryson | Wedbush | $100.00 | $85.81 | 16.54% | -1.42% |
Mar 26, 2024 | Erik Woodring | Morgan Stanley | $115.00 | $88.21 | 30.37% | 13.37% |
Seagate Technology Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 7 | 12 |
Avg Price Target | $110.00 | $110.43 | $112.17 |
Last Closing Price | $101.44 | $101.44 | $101.44 |
Upside/Downside | 8.44% | 8.86% | 10.58% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 04, 2024 | Citigroup | Buy | Buy | Hold |
Jul 24, 2024 | Susquehanna | Negative | Negative | Hold |
Jul 24, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
Jul 24, 2024 | Cantor Fitzgerald | Neutral | Neutral | Hold |
Jul 24, 2024 | Loop Capital Markets | Buy | Buy | Hold |
Jul 24, 2024 | Cowen & Co. | Buy | Buy | Hold |
Jul 24, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
Jul 24, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
Jul 12, 2024 | Citigroup | Buy | Buy | Hold |
Jul 08, 2024 | UBS | Neutral | Neutral | Hold |
Seagate Technology Financial Forecast
Seagate Technology Revenue Forecast
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.55B | $1.45B | $1.60B | $1.86B | $1.89B | $2.04B | $2.63B | $2.80B | $3.12B | $3.12B | $3.01B | $2.73B | $2.70B | $2.31B | $2.52B | $2.72B |
Avg Forecast | $2.05B | $2.11B | $2.36B | $2.35B | $2.70B | $2.60B | $2.57B | $2.49B | $2.42B | $2.33B | $2.28B | $2.11B | $1.87B | $1.68B | $1.55B | $1.51B | $1.68B | $1.98B | $1.82B | $2.10B | $2.79B | $2.80B | $3.11B | $3.11B | $2.97B | $2.68B | $2.56B | $2.35B | $2.62B | $2.61B |
High Forecast | $2.13B | $2.20B | $2.46B | $2.45B | $2.81B | $2.71B | $2.68B | $2.59B | $2.52B | $2.42B | $2.38B | $2.20B | $1.95B | $1.75B | $1.56B | $1.63B | $1.75B | $2.06B | $1.90B | $2.19B | $2.79B | $2.95B | $3.28B | $3.27B | $3.13B | $2.82B | $2.70B | $2.47B | $2.76B | $2.76B |
Low Forecast | $2.00B | $2.07B | $2.31B | $2.31B | $2.65B | $2.55B | $2.52B | $2.44B | $2.37B | $2.28B | $2.24B | $2.10B | $1.83B | $1.64B | $1.52B | $1.38B | $1.65B | $1.94B | $1.79B | $2.06B | $2.79B | $2.67B | $2.97B | $2.96B | $2.83B | $2.55B | $2.44B | $2.23B | $2.49B | $2.49B |
# Analysts | 5 | 5 | 8 | 5 | 5 | 10 | 6 | 4 | 4 | 8 | 6 | 11 | 5 | 2 | 5 | 16 | 8 | 8 | 10 | 14 | 7 | 7 | 12 | 8 | 8 | 6 | 8 | 8 | 8 | 8 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.96% | 0.95% | 0.94% | 1.03% | 0.97% | 0.94% | 1.00% | 1.00% | 1.00% | 1.01% | 1.02% | 1.05% | 0.99% | 0.96% | 1.04% |
Seagate Technology EBITDA Forecast
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 8 | 5 | 5 | 10 | 6 | 4 | 4 | 8 | 6 | 11 | 5 | 2 | 5 | 16 | 8 | 8 | 10 | 14 | 7 | 7 | 12 | 8 | 8 | 6 | 8 | 8 | 8 | 8 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $124.00M | $-60.00M | $112.00M | $124.00M | $64.00M | $242.00M | $474.00M | $526.00M | $684.00M | $696.00M | $659.00M | $497.00M | $477.00M | $370.00M | $309.00M | $481.00M |
Avg Forecast | $298.64M | $307.86M | $344.54M | $343.53M | $394.38M | $379.80M | $375.15M | $363.84M | $353.28M | $339.60M | $333.47M | $308.41M | $273.12M | $592.41M | $226.79M | $220.11M | $245.84M | $538.55M | $266.33M | $371.99M | $461.75M | $425.73M | $669.51M | $513.74M | $491.73M | $443.31M | $424.31M | $387.94M | $432.64M | $432.37M |
High Forecast | $310.89M | $320.48M | $358.66M | $357.61M | $410.54M | $395.36M | $390.53M | $378.75M | $367.76M | $353.53M | $347.14M | $321.05M | $284.31M | $710.89M | $228.25M | $237.99M | $255.91M | $646.27M | $277.24M | $446.38M | $461.75M | $510.88M | $803.41M | $541.54M | $518.34M | $467.30M | $447.27M | $408.94M | $456.06M | $455.77M |
Low Forecast | $292.64M | $301.67M | $337.61M | $336.63M | $386.45M | $372.17M | $367.62M | $356.53M | $346.18M | $332.78M | $326.77M | $306.95M | $267.63M | $473.93M | $222.40M | $201.93M | $240.90M | $430.84M | $260.98M | $297.59M | $461.75M | $340.59M | $535.61M | $489.55M | $468.57M | $422.43M | $404.33M | $369.67M | $412.27M | $412.01M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | -0.27% | 0.46% | 0.23% | 0.24% | 0.65% | 1.03% | 1.24% | 1.02% | 1.35% | 1.34% | 1.12% | 1.12% | 0.95% | 0.71% | 1.11% |
Seagate Technology Net Income Forecast
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 8 | 5 | 5 | 10 | 6 | 4 | 4 | 8 | 6 | 11 | 5 | 2 | 5 | 16 | 8 | 8 | 10 | 14 | 7 | 7 | 12 | 8 | 8 | 6 | 8 | 8 | 8 | 8 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-19.00M | $-184.00M | $-92.00M | $-433.00M | $-33.00M | $29.00M | $276.00M | $346.00M | $501.00M | $526.00M | $482.00M | $329.00M | $318.00M | $223.00M | $166.00M | $320.00M |
Avg Forecast | $360.95M | $383.48M | $452.76M | $448.65M | $538.11M | $504.38M | $480.12M | $444.51M | $421.49M | $389.70M | $367.60M | $308.49M | $163.77M | $285.23M | $-12.43M | $-51.55M | $-58.40M | $259.30M | $19.77M | $215.64M | $403.07M | $204.98M | $490.39M | $461.19M | $390.83M | $277.59M | $236.91M | $185.16M | $270.58M | $271.21M |
High Forecast | $380.18M | $403.91M | $476.89M | $472.56M | $566.79M | $531.26M | $505.71M | $468.20M | $443.95M | $410.47M | $387.20M | $321.43M | $172.49M | $342.28M | $-12.10M | $-5.43M | $-56.88M | $311.16M | $20.82M | $258.77M | $403.07M | $245.98M | $588.46M | $493.64M | $418.33M | $297.11M | $253.57M | $198.19M | $289.61M | $290.29M |
Low Forecast | $351.52M | $373.46M | $440.93M | $436.93M | $524.06M | $491.21M | $467.58M | $432.90M | $410.48M | $379.52M | $358.00M | $295.55M | $159.49M | $228.19M | $-13.09M | $-97.67M | $-61.51M | $207.44M | $19.25M | $172.51M | $403.07M | $163.99M | $392.31M | $432.96M | $366.91M | $260.59M | $222.40M | $173.82M | $254.01M | $254.61M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.53% | 3.57% | 1.58% | -1.67% | -1.67% | 0.13% | 0.68% | 1.69% | 1.02% | 1.14% | 1.23% | 1.19% | 1.34% | 1.20% | 0.61% | 1.18% |
Seagate Technology SG&A Forecast
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 8 | 5 | 5 | 10 | 6 | 4 | 4 | 8 | 6 | 11 | 5 | 2 | 5 | 16 | 8 | 8 | 10 | 14 | 7 | 7 | 12 | 8 | 8 | 6 | 8 | 8 | 8 | 8 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $105.00M | $114.00M | $123.00M | $125.00M | $129.00M | $149.00M | $141.00M | $136.00M | $133.00M | $136.00M | $126.00M | $120.00M | $118.00M | $112.00M | $119.00M |
Avg Forecast | $113.21M | $116.70M | $130.60M | $130.22M | $149.50M | $143.97M | $142.21M | $137.92M | $133.92M | $128.73M | $126.41M | $116.91M | $103.53M | $185.77M | $85.97M | $83.44M | $93.19M | $168.88M | $100.96M | $154.19M | $139.58M | $133.50M | $133.12M | $155.30M | $148.65M | $134.01M | $128.27M | $117.27M | $130.78M | $130.70M |
High Forecast | $117.85M | $121.49M | $135.96M | $135.56M | $155.63M | $149.87M | $148.04M | $143.58M | $139.41M | $134.01M | $131.59M | $121.70M | $107.77M | $222.92M | $86.52M | $90.22M | $97.01M | $202.66M | $105.10M | $185.02M | $139.58M | $160.20M | $159.74M | $163.70M | $156.69M | $141.26M | $135.21M | $123.62M | $137.86M | $137.77M |
Low Forecast | $110.93M | $114.36M | $127.98M | $127.61M | $146.49M | $141.08M | $139.35M | $135.15M | $131.23M | $126.15M | $123.87M | $116.36M | $101.45M | $148.61M | $84.30M | $76.55M | $91.32M | $135.10M | $98.93M | $123.35M | $139.58M | $106.80M | $106.49M | $147.99M | $141.65M | $127.70M | $122.23M | $111.75M | $124.63M | $124.55M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.26% | 1.22% | 0.73% | 1.24% | 0.84% | 1.07% | 1.06% | 1.02% | 0.86% | 0.91% | 0.94% | 0.94% | 1.01% | 0.86% | 0.91% |
Seagate Technology EPS Forecast
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 8 | 5 | 5 | 10 | 6 | 4 | 4 | 8 | 6 | 11 | 5 | 2 | 5 | 16 | 8 | 8 | 10 | 14 | 7 | 7 | 12 | 8 | 8 | 6 | 8 | 8 | 8 | 8 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.09 | $-0.88 | $-0.44 | $-2.09 | $-0.16 | $0.14 | $1.30 | $1.59 | $2.27 | $2.33 | $2.11 | $1.41 | $1.21 | $0.87 | $0.65 | $1.23 |
Avg Forecast | $1.68 | $1.78 | $2.11 | $2.09 | $2.50 | $2.35 | $2.23 | $2.07 | $1.96 | $1.81 | $1.71 | $1.43 | $0.76 | $0.29 | $-0.06 | $-0.24 | $-0.27 | $0.25 | $0.09 | $0.71 | $1.89 | $1.87 | $2.36 | $2.21 | $1.87 | $1.33 | $1.13 | $0.89 | $1.29 | $1.30 |
High Forecast | $1.77 | $1.88 | $2.22 | $2.20 | $2.64 | $2.47 | $2.35 | $2.18 | $2.06 | $1.91 | $1.80 | $1.50 | $0.80 | $0.31 | $-0.06 | $-0.03 | $-0.26 | $0.26 | $0.10 | $0.75 | $1.89 | $2.00 | $2.52 | $2.36 | $2.00 | $1.42 | $1.21 | $0.95 | $1.39 | $1.39 |
Low Forecast | $1.63 | $1.74 | $2.05 | $2.03 | $2.44 | $2.28 | $2.17 | $2.01 | $1.91 | $1.77 | $1.67 | $1.37 | $0.74 | $0.28 | $-0.06 | $-0.45 | $-0.29 | $0.24 | $0.09 | $0.69 | $1.89 | $1.76 | $2.21 | $2.07 | $1.76 | $1.25 | $1.06 | $0.83 | $1.22 | $1.22 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.57% | 3.67% | 1.62% | -8.43% | -1.74% | 0.20% | 0.69% | 0.85% | 0.96% | 1.06% | 1.13% | 1.06% | 1.07% | 0.98% | 0.50% | 0.95% |
Seagate Technology Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
CRSR | Corsair Gaming | $6.52 | $19.50 | 199.08% | Buy |
SMCI | Super Micro Computer | $449.10 | $718.80 | 60.05% | Buy |
WDC | Western Digital | $64.09 | $78.17 | 21.97% | Buy |
PSTG | Pure Storage | $49.58 | $60.06 | 21.14% | Buy |
STX | Seagate Technology | $101.44 | $108.94 | 7.39% | Buy |
DELL | Dell | $115.40 | $114.09 | -1.14% | Buy |
HPQ | HP | $33.76 | $32.60 | -3.44% | Hold |
NTAP | NetApp | $117.86 | $110.56 | -6.19% | Buy |
ANET | Arista Networks | $359.16 | $232.13 | -35.37% | Buy |
STX Forecast FAQ
Is Seagate Technology a good buy?
Yes, according to 23 Wall Street analysts, Seagate Technology (STX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 47.83% of STX's total ratings.
What is STX's price target?
Seagate Technology (STX) average price target is $108.94 with a range of $65 to $170, implying a 7.39% from its last price of $101.44. The data is based on 23 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Seagate Technology stock go up soon?
According to Wall Street analysts' prediction for STX stock, the company can go up by 7.39% (from the last price of $101.44 to the average price target of $108.94), up by 67.59% based on the highest stock price target, and down by -35.92% based on the lowest stock price target.
Can Seagate Technology stock reach $200?
STX's average twelve months analyst stock price target of $108.94 does not support the claim that Seagate Technology can reach $200 in the near future.
What is Seagate Technology's current price target trend?
1 Wall Street analyst forecast a $110 price target for Seagate Technology (STX) this month, up 8.44% from its last price of $101.44. Compared to the last 3 and 12 months, the average price target increased by 8.86% and increased by 10.58%, respectively.
What are Seagate Technology's analysts' financial forecasts?
Seagate Technology's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $10.37B (high $10.79B, low $10.16B), average EBITDA is $1.51B (high $1.58B, low $1.48B), average net income is $1.97B (high $2.07B, low $1.92B), average SG&A $573.6M (high $597.11M, low $562.08M), and average EPS is $9.15 (high $9.64, low $8.91). STX's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $8.87B (high $9.23B, low $8.69B), average EBITDA is $1.29B (high $1.35B, low $1.27B), average net income is $1.65B (high $1.73B, low $1.6B), average SG&A $490.73M (high $510.85M, low $480.88M), and average EPS is $7.66 (high $8.06, low $7.46).
Did the STX's actual financial results beat the analysts' financial forecasts?
Based on Seagate Technology's last annual report (Jun 2023), the company's revenue was $7.38B, which missed the average analysts forecast of $7.59B by -2.70%. Apple's EBITDA was $542M, missing the average prediction of $1.42B by -61.90%. The company's net income was $-529M, missing the average estimation of $436.32M by -221.24%. Apple's SG&A was $491M, missing the average forecast of $517.21M by -5.07%. Lastly, the company's EPS was $-2.56, missing the average prediction of $0.779 by -428.69%. In terms of the last quarterly report (Dec 2023), Seagate Technology's revenue was $1.56B, beating the average analysts' forecast of $1.55B by 0.08%. The company's EBITDA was $124M, missing the average prediction of $226.79M by -45.32%. Seagate Technology's net income was $-19M, beating the average estimation of $-12.426M by 52.91%. The company's SG&A was $0, missing the average forecast of $85.97M by -100.00%. Lastly, the company's EPS was $-0.0909, beating the average prediction of $-0.0578 by 57.28%