Seagate Technology Stock Target Price and Analyst Consensus

STX Stock  USD 98.39  0.58  0.59%   
The current analyst and expert consensus on Seagate Technology is Buy with 11 hold recommendations. The current projected Seagate Technology target price consensus is 64.00 with 26 analyst opinions. One of the most common ways Seagate Technology PLC analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Seagate Technology vendors, executives, and/or customers. Seagate Technology recommendation module provides expert sentiment on the projected Seagate Technology PLC target price to derive its highest and lowest estimates based on target price standard deviation of 1.7063.
Lowest Forecast
58.24
Highest Forecast
71.04
Target Price
64
Gross Profit is likely to drop to about 1.4 B in 2024. Pretax Profit Margin is likely to drop to -0.07 in 2024. At this time, Seagate Technology's Net Receivables is fairly stable compared to the past year. Other Current Assets is likely to rise to about 1.1 B in 2024, whereas Total Assets are likely to drop slightly above 7.1 B in 2024.
  
It's important to approach Seagate Technology's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Seagate Technology Target Price Consensus

Seagate target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Seagate Technology's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   26  Buy
Most Seagate analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Seagate stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Seagate Technology PLC, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Seagate Technology Target Price Projection

Seagate Technology's current and average target prices are 98.39 and 64.00, respectively. The current price of Seagate Technology is the price at which Seagate Technology PLC is currently trading. On the other hand, Seagate Technology's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Seagate Technology Market Quote on 11th of December 2024

Low Price96.57Odds
High Price99.13Odds

98.39

Target Price

Analyst Consensus On Seagate Technology Target Price

Low Estimate58.24Odds
High Estimate71.04Odds

64.0

Historical Lowest Forecast  58.24 Target Price  64.0 Highest Forecast  71.04
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Seagate Technology PLC and the information provided on this page.

Seagate Technology Analyst Ratings

Seagate Technology's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Seagate Technology stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Seagate Technology's financials, market performance, and future outlook by experienced professionals. Seagate Technology's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Seagate Technology price targets

Seagate Technology's stock target price is an estimate of its future price, usually made by analysts. Using Seagate Technology's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Seagate Technology's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Seagate Technology's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Seagate Technology Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Seagate Technology is a key component of Seagate Technology valuation and have some predictive power on the future returns of a Seagate Technology.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Seagate Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
95.8297.5399.24
Details
Intrinsic
Valuation
LowRealHigh
77.1378.84107.35
Details
Naive
Forecast
LowNextHigh
93.3795.0896.80
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.821.872.00
Details

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Additional Tools for Seagate Stock Analysis

When running Seagate Technology's price analysis, check to measure Seagate Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Seagate Technology is operating at the current time. Most of Seagate Technology's value examination focuses on studying past and present price action to predict the probability of Seagate Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seagate Technology's price. Additionally, you may evaluate how the addition of Seagate Technology to your portfolios can decrease your overall portfolio volatility.