Rosenblatt raises Seagate target: Seagate Technology Holdings stock gains 1.45 percent

Published on 10/09/2026 at 11:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rosenblatt raised its target to USD 1,400.00 from USD 1,300.00. Seagate Technology Holdings stock costs EUR 701.00 after EUR 691.00 on October 9, 2026.

Key points in brief

Rosenblatt raised its Seagate target from USD 1,300.00 to USD 1,400.00 on October 5, 2026.
Seagate Technology Holdings stock was trading at EUR 701.00 at Lang & Schwarz on October 9, 2026, plus 1.45 percent versus EUR 691.00.
Fiscal fourth-quarter revenue reached USD 3.63 billion, up 48.50 percent year over year, while fiscal first-quarter revenue guidance is USD 4.10 billion plus or minus USD 100.00 million.
The annual meeting is scheduled for October 24, 2026.

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Seagate Technology Holdings (ISIN IE00BKVD2N49) was trading at EUR 701.00 at Lang & Schwarz on October 9, 2026 at 11:05 a.m. CEST, plus 1.45 percent versus EUR 691.00. On October 5, 2026, Markets Insider reported that Rosenblatt Securities raised its target for Seagate stock from USD 1,300.00 to USD 1,400.00 while reiterating a Buy rating.

Three dates frame the story

On July 28, 2026, MarketBeat reported fiscal fourth-quarter revenue of USD 3.63 billion, up 48.50 percent from the prior year; on September 24, 2026, the same source reported a USD 0.74 dividend per share; on October 5, 2026, Markets Insider reported Rosenblatt's new USD 1,400.00 target.

What does the target change mean?

Rosenblatt's target increased by 7.69 percent from USD 1,300.00 to USD 1,400.00. Markets Insider also described Toshiba's planned capacity expansion as a medium-term risk because additional supply could increase customer leverage in agreements extending into 2029-2031.

Yahoo Finance reported that Seagate's June quarter delivered USD 3.60 billion in revenue, up 48.00 percent year over year, with non-GAAP gross margin of 52.70 percent and data center revenue of USD 2.90 billion, up 57.00 percent year over year. Management guided fiscal first-quarter revenue to USD 4.10 billion plus or minus USD 100.00 million and non-GAAP earnings per share to USD 7.30 plus or minus USD 0.20.

Next corporate date

Zonebourse lists Seagate's annual meeting for October 24, 2026. The date gives investors a defined corporate milestone after the target revision and the latest fiscal-year results.

Stock context in euros

On Nasdaq, Seagate was last at USD 774.83 on October 8, 2026 at 4:00 p.m. ET, within a 52-week range of USD 209.00 to USD 1,145.00; its market capitalization was USD 173.7 billion. The euro quote from Lang & Schwarz was EUR 701.00 on October 9, 2026 at 11:05 a.m. CEST, plus 1.45 percent versus the prior close of EUR 691.00.

The further course of trading is shown by the continuously updated real-time quote of Seagate stock.