Key Highlights
- Seagate Technology Holdings PLC is set to release its fiscal second-quarter earnings results after the closing bell on Tuesday, January 27, 2026.
- Analysts expect Seagate’s quarterly earnings per share (EPS) to increase from $2.03 in the year-ago period to $2.84.
- Revenue is projected to rise from $2.33 billion a year ago to $2.75 billion for the current quarter.
- Benzinga’s most accurate analysts have revised their price targets and ratings ahead of Seagate’s earnings call, reflecting their confidence in the company’s performance.
Seagate Technology: Earnings Call Approaching Amid Analyst Optimism
Seagate Technology Holdings PLC (NASDAQ:STX) is set to release its fiscal second-quarter earnings results on Tuesday, January 27, 2026. This announcement comes at a time when the company’s financial health is under close scrutiny, with analysts and investors alike eagerly awaiting the details.
Analysts from major investment firms are already revising their forecasts in anticipation of Seagate’s earnings call. Morgan Stanley’s Erik Woodring maintains an “Overweight” rating on STX stock, raising his price target to $372 from $337 on January 22, 2026.
Woodring has a high accuracy rate of 78%, suggesting that investors may find his insights particularly valuable.
Meanwhile, UBS’s Timothy Arcuri has maintained a “Neutral” rating but raised the price target to $335 from $230 on January 20, 2026. This analyst’s accuracy rate stands at an impressive 84%, indicating his track record of providing accurate forecasts.
Citigroup’s Asiya Merchant has also taken a positive stance, maintaining a “Buy” rating and increasing the price target to $385 from $320 on the same day. Merchant’s high accuracy rate of 88% underscores her confidence in Seagate’s future prospects.
Other Analyst Insights
BofA Securities’ Wamsi Mohan has similarly maintained a “Buy” rating, raising the price target to $400 from $320. His accuracy rate of 82% adds weight to his optimistic view on STX.
Rosenblatt’s Kevin Cassidy has also kept an upbeat tone, maintaining a “Buy” rating and raising the price target from $270 to $370. With an accuracy rate of 79%, his insights are likely to be closely watched by investors as well.
Investor Takeaway
The collective optimism among these top analysts suggests that Seagate Technology is poised for strong performance in the coming quarter. However, with such high expectations, any shortfall could result in significant market reaction. Investors should prepare for volatile trading activity around the earnings release date.
For those considering buying STX stock, it’s crucial to monitor not just the earnings report but also these analysts’ subsequent reactions and updates. The combination of strong revenue growth projections and positive ratings from leading financial institutions makes Seagate an intriguing investment opportunity.
Stay tuned for further developments as Seagate prepares to release its earnings results on Tuesday, January 27, 2026.