Seagate Stock To $85?
1. Seagate's stock may drop due to potential economic downturns. 2. Historical data shows STX stock can decline up to 60% during crises. 3. Q4 earnings projections include adjusted EPS between $2.20 to $2.60. 4. STX currently trades at 18x earnings, above its 3-year average. 5. Demand for HDDs increases with generative AI and cloud infrastructure growth.