On July 10, 2025, Seagate Technology Holdings (STX, Financial) was the subject of a new coverage initiation by Goldman Sachs. The influential investment bank has started its coverage with a "Buy" rating. This move highlights a positive outlook on the stock's future performance.
The analyst leading the coverage, Toshiya Hari from Goldman Sachs, has set a price target of $170.00 USD for Seagate Technology Holdings (STX, Financial). This price target reflects the analyst's expectations of the stock's potential return.
This new coverage comes as the first major analyst update for Seagate Technology Holdings (STX, Financial) and positions the stock positively in the market. Investors and stakeholders will be keen to watch the performance of STX in the upcoming quarters as per this latest recommendation.
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 $121.60 with a high estimate of $155.00 and a low estimate of $68.00. The average target implies an downside of 14.37% from the current price of $142.01. 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 $96.21, suggesting a downside of 32.25% from the current price of $142.01. 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.
