Alert: Positive Investment/Fundamental Signals (11/8/24)-Seagate Technology Holdings plc (NASDAQ: STX)

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Seagate Technology Holdings plc (NASDAQ: STX) has benefited from exceptional positive changes in investment behavior: its shorter term price trend turned up, and positive upside/downside volume developed.

Recent significant positive changes in fundamentals have benefitted Seagate Technology Holdings plc (NASDAQ: STX): the consensus estimate for June, 2026 increased significantly, and the consensus estimate for June, 2025 increased significantly.

The stock is currently unrated.

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Current PriceTarget Research Rating

STX is expected to be an important Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Seagate Technology Holdings plc is currently unrated.

Recent Price Action

Seagate Technology Holdings plc (NASDAQ: STX) stock declined slightly by -0.3% on 11/8/24. The stock closed at $104.78. However, unusually low trading volume at 60% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 4.4% during the last week.

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