Seagate Technology Holdings plc (STX)
NASDAQ: STX · IEX Real-Time Price · USD
92.58
-2.00 (-2.11%)
Mar 28, 2024, 12:35 PM EDT - Market open
Seagate Technology Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Seagate Technology stock have an average target of 82.06, with a low estimate of 33 and a high estimate of 115. The average target predicts a decrease of -11.36% from the current stock price of 92.58.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Seagate Technology stock from 18 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Buy | 3 | 3 | 3 | 3 | 4 | 5 |
Hold | 9 | 9 | 8 | 9 | 8 | 7 |
Sell | 1 | 1 | 1 | 2 | 2 | 2 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 17 | 17 | 16 | 18 | 18 | 18 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $73 → $115 | Hold → Buy | Upgrades | $73 → $115 | +24.22% | Mar 26, 2024 |
Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $95 | Hold | Reiterates | $95 | +2.61% | Mar 11, 2024 |
Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $95 | Hold | Reiterates | $95 | +2.61% | Mar 4, 2024 |
Evercore ISI Group | Evercore ISI Group | Buy Initiates $110 | Buy | Initiates | $110 | +18.82% | Feb 27, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $80 → $90 | Hold | Maintains | $80 → $90 | -2.79% | Feb 1, 2024 |
Financial Forecast
Revenue This Year
6.57B
from 7.38B
Decreased by -11.06%
Revenue Next Year
8.74B
from 6.57B
Increased by 33.15%
EPS This Year
0.74
from -2.56
EPS Next Year
4.90
from 0.74
Increased by 564.59%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 7.1B | 10.2B | 10.6B | 9.6B | 10.0B |
Avg | 6.6B | 8.7B | 9.5B | 9.2B | 9.6B |
Low | 6.2B | 7.1B | 8.3B | 8.9B | 9.3B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -4.5% | 55.8% | 21.3% | 1.1% | 8.0% |
Avg | -11.1% | 33.2% | 8.4% | -2.7% | 3.9% |
Low | -15.5% | 8.8% | -5.5% | -5.6% | 0.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.04 | 7.28 | 8.64 | 7.73 | 7.96 |
Avg | 0.74 | 4.90 | 6.80 | 7.43 | 7.66 |
Low | 0.54 | 3.25 | 5.17 | 7.21 | 7.43 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | 887.1% | 76.4% | 13.7% | 7.1% |
Avg | - | 564.6% | 38.8% | 9.3% | 3.0% |
Low | - | 341.4% | 5.6% | 6.1% | -0.1% |
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.