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NASDAQ: STX
Seagate Technology Holdings PLC Stock Forecast, Predictions & Price Target

Analyst price target for STX

Based on 14 analysts offering 12 month price targets for Seagate Technology Holdings PLC.
Min Forecast
$55.00-42.27%
Avg Forecast
$94.50-0.81%
Max Forecast
$115.00+20.71%

Should I buy or sell STX stock?

Based on 14 analysts offering ratings for Seagate Technology Holdings PLC.
Buy
Strong Buy
5 analysts 35.71%
Buy
3 analysts 21.43%
Hold
4 analysts 28.57%
Sell
1 analysts 7.14%
Strong Sell
1 analysts 7.14%

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STX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-14
lockedlocked$00.00+00.00%2024-05-01
lockedlocked$00.00+00.00%2024-04-24
lockedlocked$00.00+00.00%2024-04-24
lockedlocked$00.00+00.00%2024-04-24
Barclays
Top 18%
83
HoldMaintains$80.00-16.03%2024-04-22
Susquehanna
Top 17%
84
Strong SellMaintains$55.00-42.27%2024-04-10
Mizuho
Top 1%
100
Strong BuyMaintains$100.00+4.96%2024-04-09
Morgan Stanley
Top 16%
85
Strong BuyUpgrades$115.00+20.71%2024-03-26
Evercore ISI Group
Top 3%
98
BuyInitiates Coverage On$110.00+15.46%2024-02-27

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Forecast return on equity

Is STX forecast to generate an efficient return?
Company
-153.18%
Industry
-70.56%
Market
21.13%
STX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is STX forecast to generate an efficient return on assets?
Company
40.78%
Industry
4.76%
STX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

STX revenue forecast

What is STX's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$6.5B+4.11%
Avg 2 year Forecast
$8.9B+42.46%
Avg 3 year Forecast
$10.7B+70.18%
STX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

STX revenue growth forecast

How is STX forecast to perform vs Computer Hardware companies and vs the US market?
Company
17.86%
Industry
13.65%
Market
9.24%
STX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
STX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

STX vs Computer Hardware Stocks

TickerPricePrice TargetUp/downsideConsensus
STX$95.27$94.50-0.81%Buy
PSTG$59.15$53.85-8.97%Strong Buy
NTAP$110.47$99.50-9.93%Hold
WDC$72.10$85.72+18.89%Strong Buy
LOGI$89.96$93.83+4.31%Hold

Seagate Technology Holdings Stock Forecast FAQ

Is Seagate Technology Holdings Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NASDAQ: STX) stock is to Buy STX stock.

Out of 14 analysts, 5 (35.71%) are recommending STX as a Strong Buy, 3 (21.43%) are recommending STX as a Buy, 4 (28.57%) are recommending STX as a Hold, 1 (7.14%) are recommending STX as a Sell, and 1 (7.14%) are recommending STX as a Strong Sell.

If you're new to stock investing, here's how to buy Seagate Technology Holdings stock.

What is STX's revenue growth forecast for 2024-2026?

(NASDAQ: STX) Seagate Technology Holdings's forecast annual revenue growth rate of 17.86% is forecast to beat the US Computer Hardware industry's average forecast revenue growth rate of 13.65%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.24%.

Seagate Technology Holdings's revenue in 2024 is $6,266,000,000.On average, 4 Wall Street analysts forecast STX's revenue for 2024 to be $1,369,819,305,971, with the lowest STX revenue forecast at $1,367,865,362,588, and the highest STX revenue forecast at $1,371,960,139,157. On average, 4 Wall Street analysts forecast STX's revenue for 2025 to be $1,874,442,141,286, with the lowest STX revenue forecast at $1,767,183,773,826, and the highest STX revenue forecast at $2,045,666,378,456.

In 2026, STX is forecast to generate $2,239,266,784,672 in revenue, with the lowest revenue forecast at $2,025,820,361,351 and the highest revenue forecast at $2,450,818,271,390.

What is STX's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: STX) forecast ROA is 40.78%, which is higher than the forecast US Computer Hardware industry average of 4.76%.

What is STX's Price Target?

According to 14 Wall Street analysts that have issued a 1 year STX price target, the average STX price target is $94.50, with the highest STX stock price forecast at $115.00 and the lowest STX stock price forecast at $55.00.

On average, Wall Street analysts predict that Seagate Technology Holdings's share price could fall to $94.50 by May 14, 2025. The average Seagate Technology Holdings stock price prediction forecasts a potential downside of 0.81% from the current STX share price of $95.27.

What is STX's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: STX) forecast ROE is -153.18%, which is considered weak.
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