Seagate Reports Solid Q2, Analyst Optimistic About Advanced HAMR Technology Impact In 2025
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Analyst Insights: Cantor Fitzgerald analyst C.J. Muse maintains a Neutral rating on Seagate Technology with a price target of $120, noting better-than-expected second-quarter results and optimistic projections for future earnings driven by strong demand and supply chain management.
Market Performance: Following the report, Seagate's shares rose nearly 8% to $109.32, reflecting positive investor sentiment amidst expectations of continued revenue growth and advancements in technology.
Analyst Views on WLDR
Wall Street analysts forecast WLDR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WLDR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
