Seagate Technology Holdings PLC (NASDAQ:STX) has received an average recommendation of “Moderate Buy” from twenty-five brokerage firms, with an average one-year target price of $430.61, driven by AI-related storage demand. While analyst upgrades and a strong earnings beat demonstrate positive sentiment, recent insider selling totaling $45.33 million has been noted as a potential short-term negative signal. The company’s Q4 earnings reported an EPS of $3.11, exceeding estimates, and revenue of $2.83 billion, an increase of 21.5% year-over-year.
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Seagate Technology Holdings PLC (NASDAQ:STX) Receives Average Recommendation of "Moderate Buy" from Brokerages
Seagate Technology Holdings PLC (NASDAQ:STX) has received an average recommendation of “Moderate Buy” from twenty-five brokerage firms, with an average one-year target price of $430.61, driven by AI-related storage demand. While analyst upgrades and a strong earnings beat demonstrate positive sentiment, recent insider selling totaling $45.33 million has been noted as a potential short-term negative signal. The company’s Q4 earnings reported an EPS of $3.11, exceeding estimates, and revenue of $2.83 billion, an increase of 21.5% year-over-year.