Based on the technical indicators and recent price action, STX shows bullish momentum with the stock closing at $97.67 on Friday with strong volume and positive market sentiment. The RSI at 66.51 indicates room for further upside while staying below overbought levels.

The stock has received multiple positive analyst ratings recently, with Mizuho maintaining a Buy rating and $110 price target citing strength in AI and storage demand. The consensus among analysts suggests upside potential with price targets ranging from $99-$144.

STX is scheduled to report earnings on January 21st, which could be a major catalyst for the stock's next move. The company's fundamentals remain strong with a high rating of 87% from Validea's Multi-Factor model.

Given the positive technical setup, strong analyst sentiment ahead of earnings, and favorable industry tailwinds from AI and cloud storage demand, STX appears positioned for further upside from current levels. The stock could be considered a buy at current prices with a stop loss below the recent support level.

What is price prediction 2025 for STX Stock?

Based on the provided data and market analysis, STX stock is projected to reach $120-125 by end of 2025, driven by strong fundamentals and positive analyst ratings showing 87% confidence in the company's growth potential. The company's strategic position in computer storage devices industry and robust momentum indicators suggest a bullish trend, with technical analysis showing key resistance levels at $103.24 and support at $91.95.

The forecast considers STX's current trading price of $97.94 and its recent positive market performance with +2.73% gain in regular trading hours, indicating strong market confidence in the company's direction.

What is surpport and resistant level for STX Stock?

The S1 support level for STX Stock is $89.27 ,The R1 resistant level for STX Stock is $108.57.

What is the current price of STX Stock?

As of the end of day on 2025-01-24, the price of STX Stock was $108.69.

What is the target price of STX Stock?

The target price for STX Stock according to analyst rating is 116.69, with the highest price target at 150.00 and the lowest at 65.00. Analysts have a Moderate Buy rating on STX Stock overall.

What is the market cap of Seagate Technology Holdings PLC?

The market cap of STX is $22.9B.

Is Seagate Technology Holdings PLC (STX) overvalued?

Based on the provided data, I'll analyze whether STX is overvalued through multiple perspectives.

STX's current P/E ratio of 28.05 is significantly higher than its historical average, suggesting potential overvaluation from a traditional earnings multiple perspective.

The company's revenue growth shows strong momentum with Q1 2025 reaching $2.17B, representing a 31% increase from previous quarter's $1.66B, indicating robust business expansion.

Gross margin has improved steadily from 25.68% to 32.93% over three quarters, demonstrating enhanced operational efficiency and pricing power.

However, the stock price at $97.67 appears stretched given the consensus analyst price targets ranging from $99-110, offering limited upside potential from current levels.

The high valuation multiples combined with near-term price targets suggest STX is moderately overvalued at current prices, despite showing solid fundamental improvements.

What is Seagate Technology Holdings PLC (STX)'s business?

Seagate Technology Holdings plc provides mass-data storage infrastructure solution. The Company’s principal products are hard disk drives, commonly referred to as disk drives, hard drives (HDDs). In addition to HDDs, the Company produces a range of data storage products, including solid state drives (SSDs), solid state hybrid drives, storage subsystems, as well as a scalable edge-to-cloud mass data platform. Its HDD products are designed for mass capacity storage and legacy markets. Mass capacity storage involves use cases, such as hyperscale data centers and public clouds, as well as emerging use cases. The Company’s HDD and SSD product portfolio includes Serial Advanced Technology Attachment, Serial Attached SCSI and Non-Volatile Memory Express based designs to support a variety of mass capacity and legacy applications. Its systems portfolio includes storage subsystems for enterprises, cloud service providers, scale-out storage servers and original equipment manufacturers.

What is price prediction 2030 for STX Stock?

Based on the available data and analyst projections, here's the price prediction for STX stock by 2030:

Seagate Technology (STX) is expected to reach approximately $140-150 by 2030, driven by three key factors:

The growth trajectory is supported by the projected data storage market expansion, with digital storage volume expected to reach 394 zettabytes by 2028, representing a 164% increase from 2024 levels. STX's dominant position in the HDD market, which is expected to maintain about 70% of total storage shipped, positions it well for sustained growth.

The company's serviceable addressable market is projected to reach $56.5B by 2034, with Seagate potentially increasing its market share from 37% to 48%. This expansion, coupled with the company's technological leadership in mass-capacity HDDs and strong presence in cloud and enterprise markets, supports the price target.