Seagate Tech Hldgs, commonly recognized by its stock ticker (STX, Financial), received a noteworthy update from Cantor Fitzgerald on May 19, 2025. The analyst, Matthew Prisco, has decided to maintain a "Neutral" rating for the company while simultaneously raising the price target.
In a recent adjustment, Cantor Fitzgerald elevated Seagate Tech Hldgs' (STX, Financial) price target from $110.00 to $125.00. This change represents a 13.64% increase in the price target. The adjustment was made in USD and reflects the analyst's revised outlook on the company's financial prospects.
Matthew Prisco's decision to uphold the "Neutral" rating while increasing the price target suggests a stable outlook with potential for upside, aligning with the firm's current market evaluations. Investors following Seagate Tech Hldgs (STX, Financial) may find this update particularly relevant as they make informed decisions in their investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Seagate Technology Holdings PLC (STX, Financial) is $108.39 with a high estimate of $140.00 and a low estimate of $60.00. The average target implies an upside of 0.62% from the current price of $107.72. More detailed estimate data can be found on the Seagate Technology Holdings PLC (STX) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Seagate Technology Holdings PLC's (STX, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Seagate Technology Holdings PLC (STX, Financial) in one year is $94.84, suggesting a downside of 11.96% from the current price of $107.72. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Seagate Technology Holdings PLC (STX) Summary page.
