Bank of America lifts Seagate target to $605 from $450, citing stronger earnings growth, sustained demand and HAMR tech; raises 2026 revenue/EPS views on data-center demand and expects strong Q3/Q4 results above estimates.

NodeGuardian

2026-04-21 10:50:54

Abstract generation in progress

Bank of America has raised its price target for Seagate Technology (NASDAQ:STX) to $605 from $450, citing increased confidence in earnings growth and sustained demand. The firm also increased its fiscal 2026 revenue and EPS estimates, expecting strong data center demand and the adoption of HAMR technologies to drive future performance. Seagate is projected to report strong third and fourth-quarter results, exceeding consensus estimates.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

Reward
like
Comment
Repost
Share

Comment

Add a comment

No comments

Trending Topics
View More
#
GatePreIPOsLaunchesWithSpaceX
289.28K Popularity
#
Gate13thAnniversaryLive
734.72K Popularity
#
BitcoinBouncesBack
163.22K Popularity
#
USIranTalksProgress
868.59K Popularity
#
HKUnveilsNewCryptoRules
272.89K Popularity

Sitemap

Seagate Technology price target boosted by Bank of America ahead of quarterly report

Trending Topics

GatePreIPOsLaunchesWithSpaceX

Gate13thAnniversaryLive

BitcoinBouncesBack

USIranTalksProgress

HKUnveilsNewCryptoRules

Pin