Is Wall Street Bullish or Bearish on Seagate Technology Stock?
Wall Street is currently more bullish than bearish on Seagate Technology Holdings plc (STX) stock. Over the past 52 weeks, the electronic storage maker's shares have surged 539.6%, outpacing the S&P 500 Index's 20.6% gain. Furthermore, STX's stock has risen 258.7% year-to-date compared to the S&P 500's 13.6% increase. The company's strong Q4 2026 results, which surpassed expectations with 48.5% revenue growth to $3.63 billion and adjusted EPS of $5.71, have also boosted investor sentiment.
Seagate's guidance for the upcoming fiscal year ending June 2027 is particularly encouraging, with projected EPS growth of 135% year-over-year to $34.42. Analysts' consensus rating is a Strong Buy, supported by 22 Strong Buy ratings, one Moderate Buy, and three Holds. The mean price target of $1,130.87 indicates a 13.6% premium to STX's current stock price, with an upside potential of up to 60.8%.
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