Top Wall Street Forecasters Revamp Seagate Expectations Ahead Of Q4 Earnings

Seagate Technology Holdings plc (NASDAQ:STX) will release its fourth quarter earnings report before the opening bell on Tuesday, July 28.

Analysts expect the Singapore-based company to report quarterly earnings of $5.09 per share, up from $2.59 per share in the year-ago period. The consensus estimate for Seagate’s quarterly revenue is $3.49 billion. It reported $2.44 billion last year, according to Benzinga Pro.

On June 11, Seagate announced redemption of exchangeable notes.

Shares of Seagate fell 4.1% to close at $816.99 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Citigroup analyst Asiya Merchant maintained a Buy rating and raised the price target from $1,150 to $1,240 on July 13, 2026. This analyst has an accuracy rate of 90%.
• Wells Fargo analyst Aaron Rakers upgraded the stock from Equal-Weight to Overweight and raised the price target from $900 to $1,100 on July 10, 2026. This analyst has an accuracy rate of 88%.
• Susquehanna analyst Mehdi Hosseini maintained the stock with a Neutral and raised the price target from $615 to $775 on July 8, 2026. This analyst has an accuracy rate of 81%.
• B of A Securities analyst Wamsi Mohan maintained the stock with a Buy and boosted the price target from $1,000 to $1,150 on July 1, 2026. This analyst has an accuracy rate of 87%.
• Cantor Fitzgerald analyst C.J. Muse maintained the stock with an Overweight rating and raised the price target from $1,000 to $1,300 on June 29, 2026. This analyst has an accuracy rate of 83%

Considering buying STX stock? Here’s what analysts think:

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