On May 28, 2025, Seagate Tech Hldgs (STX, Financial) attracted attention in the stock market after B of A Securities made a notable adjustment to its price target for the company. The analyst behind this decision, Mehdi Hosseini, maintained a "Buy" rating while raising the price target from $125.00 to $135.00 USD.
This adjustment signifies an 8% increase in the price target, reflecting a positive outlook on Seagate Tech Hldgs (STX, Financial) by B of A Securities. The decision to maintain the "Buy" rating suggests continued confidence in the company's performance and future prospects.
Investors and market observers are likely to interpret this move as a sign of potential growth and stability for Seagate Tech Hldgs (STX, Financial) within the industry. The stock continues to be closely watched following this latest recommendation from one of the major financial analysts.
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 $118.44 with a high estimate of $140.00 and a low estimate of $68.00. The average target implies an upside of 0.42% from the current price of $117.94. 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 $94.53, suggesting a downside of 19.85% from the current price of $117.9439. 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.
