STX Price Prediction Next Week
Based on the provided data and current market context, here's the analysis for STX's price prediction for the next trading week:
Technical Analysis
The stock has shown strong momentum recently with a 17.6% YTD gain, outperforming the S&P 500's 4% rise. Key technical indicators suggest continued upward momentum:
- Current trading level is below the mean analyst price target of $122.11
- Strong support at the 50-day moving average
- Positive momentum from recent earnings beat
Fundamental Drivers
- Q2 2025 performance was robust with:
- Revenue up 49.5% YoY to $2.3B
- Gross margin expansion to 35.5%
- Strong demand for high-capacity nearline HDDs
Analyst Sentiment
- Consensus rating is "Moderate Buy" from 20 analysts
- 12 Strong Buy, 1 Moderate Buy, 5 Hold, 2 Strong Sell
- Mean price target: $122.11
- Street-high target: $160 (57.7% upside potential)
Price Prediction for Next Week
Based on technical and fundamental analysis, STX is likely to trade between $105-$115 next week:
- Base case ($110): Continued momentum from strong earnings and analyst upgrades
- Bull case ($115): Additional cloud spending announcements and margin expansion
- Bear case ($105): Profit taking after recent gains
Key Catalysts
- Morgan Stanley maintains STX as IT Hardware Top Pick
- Strong HDD cycle sustainability
- Robust cloud spending environment
- Structurally stronger gross margins
Recommendation: BUY
The combination of strong fundamentals, positive analyst sentiment, and technical momentum suggests STX has room to run higher. Entry around current levels with a stop loss at $100 is recommended.
STX Similar Chart Price Prediction
The price of STX is predicted to go up 6.51%, based on the high correlation periods with STC. The similarity of these two price pattern on the periods is 93.01%.
STX
STC
Up: 6.51%Similarity: 93.01%
STX Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
STX Price Forecast($)
Potential Return(%)
2025
99.000
11.400
2026
130.000
27.560
2027
140.000
37.380
2028
145.000
42.280
2029
150.000
47.190
2030
150.000
47.190
What is STX stock price prediction 2025 ?
What is STX stock price prediction 2026 ?
What is STX stock price prediction 2027 ?
What is STX stock price prediction 2028 ?
What is STX stock price prediction 2029 ?
What is STX stock price prediction 2030 ?
STX Revenue Forecast
STX EPS Forecast
STX FAQs
What is STX revenue forecast for next quarter？
What is STX eps forecast for next quarter？
STX VS S&P500
We think strong demand for Seagate's nearline drives will power mid-single-digit top-line growth in the short term as enterprises look to store the growing amount of data they generate.
We expect advancements to larger capacities and new technologies like HAMR to modestly expand Seagate's midcycle gross margin.
Seagate has maintained a trailing 12-month dividend yield above 3% every fiscal year since 2016, making it a leader among our technology coverage.
STX Analyst's Forecast
Wamsi Mohan
B of A Securities
Strong Buy
2025-01-22
Price Target
$124 → $130
Upside
+20.17%
Summit Insights analyst Kinngai Chan upgraded Seagate to Buy from Hold. The firm is positive on the company's HAMR HDD technology transition driving upside to its gross margin in the second half of FY25, also noting that the current favorable pricing environment and product mix at Seagate will continue, the analyst tells investors in a research note. HAMR technology will not only allow Seagate to increase its HDD capacity points but will also serve as a cost reduction to mid to lower-capacity HDDs, the firm added.
Erik Woodring
Morgan Stanley
Buy
2025-01-22
Price Target
$129 → $134
Upside
+23.87%
Erik Woodring
Morgan Stanley
Buy
2025-01-21
Price Target
$133 → $129
Upside
+27.41%
