Seagate Technology Holdings plc (STX)
NASDAQ: STX · Real-Time Price · USD
99.80
-2.04 (-2.00%)
At close: Nov 12, 2024, 4:00 PM
99.95
+0.15 (0.15%)
After-hours: Nov 12, 2024, 4:35 PM EST

Seagate Technology Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Seagate Technology stock have an average target of 117.56, with a low estimate of 65 and a high estimate of 150. The average target predicts an increase of 17.80% from the current stock price of 99.80.

Analyst Consensus: Buy
Target Low Average Median High
Price $65 $117.56 $125 $150
Change -34.87% +17.80% +25.25% +50.30%

Analyst Ratings

The average analyst rating for Seagate Technology stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 566666
Buy 455555
Hold 777766
Sell 222222
Strong Sell 111100
Total 192121211919

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Oct 23, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Reiterates
$125
Hold Reiterates $125 +25.25% Oct 23, 2024
Wedbush
Wedbush
Buy
Reiterates
$150
Buy Reiterates $150 +50.30% Oct 23, 2024
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$142$144
Buy Maintains $142$144 +44.29% Oct 23, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$125$130
Strong Buy Maintains $125$130 +30.26% Oct 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
9.34B
from 6.55B
Increased by 42.59%
Revenue Next Year
10.56B
from 9.34B
Increased by 13.04%
EPS This Year
7.59
from 1.58
Increased by 380.59%
EPS Next Year
9.80
from 7.59
Increased by 29.07%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jul 3, 2020 Jul 2, 2021 Jul 1, 2022 Jun 30, 2023 Jun 28, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
10.51B10.68B11.66B7.38B6.55B9.34B10.56B10.48B
Revenue Growth
1.15%1.64%9.18%-36.68%-11.28%42.59%13.04%-0.76%
EPS
3.795.367.36-2.561.587.599.809.86
EPS Growth
-46.32%41.42%37.31%--380.59%29.07%0.56%
Forward PE
-----13.1410.1810.13
No. Analysts -----26259
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 10.1B 12.6B 12.5B
Avg 9.3B 10.6B 10.5B
Low 8.6B 8.6B 8.3B

Revenue Growth

Revenue Growth 2025202620272028
High
53.4%
35.4%
18.3%
Avg
42.6%
13.0%
-0.8%
Low
30.9%
-7.9%
-21.3%

EPS Forecast

EPS 2025202620272028
High 9.05 15.13 13.56
Avg 7.59 9.80 9.86
Low 6.57 7.52 7.29

EPS Growth

EPS Growth 2025202620272028
High
472.8%
99.3%
38.3%
Avg
380.6%
29.1%
0.6%
Low
315.9%
-1.0%
-25.6%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.