Seagate Technology Holdings PLC (NASDAQ:STX) shares rose about 2% on Wednesday after the data storage company reported fiscal fourth quarter results that exceeded Wall Street expectations on both earnings and revenue and issued guidance that pointed to continued momentum. For the quarter...
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STX highlights AI-driven storage demand, HAMR advances, margin expansion and strong cash generation as fiscal 2027 growth plans take shape.
Seagate surpassed Q4 fiscal 2026 earnings and revenue as AI-driven cloud storage demand, record margins and a strong outlook fuel growth.
Stock Market Today: The Dow Jones index dropped Wednesday ahead of the Fed decision and Fed Chair Warsh's comments. SK Hynix sold off.
According to TheFly, several brokerages raised their price targets following Seagate’s Q4 results, with Rosenblatt describing the quarter as a “clean beat-and-raise.”
Seagate Technology PLC (NASDAQ:STX) shares gained nearly 3% in pre-market trading on Wednesday after the data storage company reported stronger-than-expected fourth-quarter earnings and revenue while issuing first-quarter guidance that significantly exceeded Wall Street forecasts. The company reported adjusted earnings of $5.
SKHY stock dropped 7% in the overnight session late Tuesday, while MU and SNDK fell about 5% each.
The headline numbers for Seagate (STX) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Seagate's Q4 beat and strong guidance push back against growing doubts about the AI infrastructure trade falling flat.
Seagate crushed Q4 estimates with record profits and issued strong guidance fueled by surging AI and hyperscale cloud storage demand.
Seagate Technology (NASDAQ:STX) reported fiscal fourth-quarter results that exceeded its outlook, driven by data center demand for mass-capacity storage and continued expansion in profitability. Management said the company expects revenue growth in fiscal 2027 to surpass the 34% growth recorded in f
Seagate (STX) delivered earnings and revenue surprises of +11.96% and +3.85%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
↗️ Ford Motor (F): The automaker lifted its outlook as it now expects prices to be slightly higher this year. Shares advanced 7% in after-hours trading. ↘️ Visa (V): The payments company recorded higher revenue, thanks in part to resilient spending among consumers and businesses.
Investing.com -- Seagate Technology PLC (NASDAQ:STX) shares surged 7.4% in after-hours trading Tuesday after the data storage giant posted fourth-quarter earnings and sales that comfortably topped Wall Street estimates and delivered an upbeat outlook for the upcoming fiscal year. The company posted adjusted fourth-quarter earnings of $5.71 per share on revenue of $3.6 billion, representing a 49% year-over-year top-line expansion from $2.4 billion in the prior-year period. Wall Street analysts ha
Data storage manufacturer Seagate (NASDAQ:STX) announced better-than-expected revenue in Q2 CY2026, with sales up 48.5% year on year to $3.63 billion. On top of that, next quarter’s revenue guidance ($4.1 billion at the midpoint) was surprisingly good and 8.7% above what analysts were expecting. Its non-GAAP profit of $5.71 per share was 12.1% above analysts’ consensus estimates.
Seagate Technology stock jumped late Tuesday after the hard-disk drive maker reported quarterly results that beat expectations. A recent pullback for top performing AI stocks was weighing on Seagate's shares coming into the report. The results represent Seagate's fiscal fourth quarter.
Seagate Technology forecast quarterly revenue and profit above estimates on Tuesday, as the rapid buildout of AI infrastructure fuels robust demand for its high-capacity hard disk drives. Shares of the Singapore-based company, which have more than doubled this year, rose over 8% in extended trading. Here are some details: • Seagate has leveraged its heat-assisted magnetic recording (HAMR) technology, which uses tiny lasers to help pack more data onto each disk, allowing it to boost hard-drive capacity and storage without building costly new manufacturing lines.
Seagate Technology topped Wall Street’s earnings and revenue estimates and issued stronger-than-expected guidance as demand for AI-related data storage continued to surge.
The mass-capacity data storage company reported net income of $1.29 billion, or $5.58 a share, up from $488 million, or $2.24 a share the year prior.
Seagate Technology (STX) and Western Digital (WDC) supply high-capacity hard drives used by cloud providers to store the growing volumes of data produced by artificial intelligence workloads. The companies have become two of the market’s most closely watched AI infrastructure stocks as hyperscalers ...
Jim Cramer issued one of his sharpest warnings of the year on Mad Money last night, and it lands at a moment when leveraged AI positions are sitting in a minefield few retail investors seem to see yet.
Earlier today, Seagate Technology Holdings reported its fiscal Q4 2026 results after the market close and held its earnings call, a key update for investors tracking the data storage provider’s progress. The results came amid heightened focus on Seagate’s high-capacity nearline drives and Mozaic platform, which are central to meeting AI-related cloud storage demand. We’ll now examine how this earnings update, particularly the AI-driven demand for Seagate’s mass-capacity storage, may...
Wall Street is heading for another mixed session on Tuesday, with blue-chip gains offset by concerns about AI spending and Chinese competition weighing on some technology stocks. Dow Jones futures were up 317 points, or 0.6%, but the Nasdaq has been called 1% lower, with S&P 500 futures...