Update shared on04 Aug 2025
Fair value Increased 8.67%Despite a notable reduction in forecast revenue growth and a higher future P/E multiple, analysts have raised Seagate Technology Holdings' consensus price target from $150.47 to $162.74.
What's in the News
- Seagate provided earnings guidance for fiscal Q1 2026, expecting revenue of $2.50 billion, plus or minus $150 million.
- Launched up to 30TB Exos M and IronWolf Pro hard drives globally, using HAMR technology on the Mozaic 3+ platform; now the industry's highest-density hard drive, with over one million Mozaic drives shipped.
- Rising AI, IoT, and hybrid cloud trends are driving demand for Seagate's scalable, high-capacity, energy-efficient storage solutions, with global NAS market projected to grow at a 17% CAGR through 2034.
- Increased share repurchase program by $5 billion, bringing total authorization to $12.3 billion.
Valuation Changes
Summary of Valuation Changes for Seagate Technology Holdings
- The Consensus Analyst Price Target has risen from $150.47 to $162.74.
- The Consensus Revenue Growth forecasts for Seagate Technology Holdings has significantly fallen from 12.3% per annum to 9.1% per annum.
- The Future P/E for Seagate Technology Holdings has risen from 16.89x to 18.29x.
Disclaimer
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