On May 23, 2025, Morgan Stanley analyst Erik Woodring issued a notable update on Seagate Tech Hldgs (STX, Financial), maintaining an "Overweight" rating for the stock. As part of this update, the analyst raised the price target from USD 99.00 to USD 140.00, representing a significant increase of 41.41%.
The decision to maintain the "Overweight" rating on Seagate Tech Hldgs (STX, Financial) suggests continued confidence in the stock's potential future performance. The increase in the price target indicates a positive outlook on the company's market valuation.
Investors following Seagate Tech Hldgs (STX, Financial) may want to consider this updated analyst perspective when evaluating their portfolio decisions. This latest report underscores the potential for growth and enhanced market presence for Seagate Tech Hldgs (STX) in the technology sector.
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 $112.44 with a high estimate of $140.00 and a low estimate of $68.00. The average target implies an upside of 0.74% from the current price of $111.62. 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 2.2, 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 $94.69, suggesting a downside of 15.16% from the current price of $111.615. 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.
