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How Seagate’s Strong Fiscal 2026 Beat and HAMR Momentum May Impact Seagate Technology (STX) Investors
Simply Wall St.5h agobullish
How Seagate’s Strong Fiscal 2026 Beat and HAMR Momentum May Impact Seagate Technology (STX) Investors

In August 2026, Seagate Technology Holdings reported a strong finish to fiscal 2026 with revenue and profitability exceeding expectations, expanding non-GAAP gross margin for the 13th consecutive quarter and delivering its strongest quarterly free cash flow in over a decade. The company highlighted long-term AI-driven storage demand, secured supply agreements extending beyond 2028, and emphasized its HAMR-based Mozaic platform as a core enabler of planned mid-20% exabyte growth. We’ll now...

Memory Stocks Rally Wednesday: SK Hynix, SanDisk, Micron All Jump. Here’s Why
24/7 Wall St.9h agobullish
Memory Stocks Rally Wednesday: SK Hynix, SanDisk, Micron All Jump. Here’s Why

Memory and storage names are ripping higher into Wednesday’s close. SanDisk (NASDAQ:SNDK) is up 6% to $1,344, while Micron Technology (NASDAQ:MU) has gained 5% to $911. South Korea’s SK Hynix (Nasdaq: SKHY) rallied alongside the group, closing the day up 9%, extending a global bid for memory. Neocloud Demand Signal Ignites the Group The primary ... Memory Stocks Rally Wednesday: SK Hynix, SanDisk, Micron All Jump. Here’s Why

Western Digital Stock Slumps After Earnings. Here Are The Numbers To Know.
Investor's Business Daily7d agobullish
Western Digital Stock Slumps After Earnings. Here Are The Numbers To Know.

Western Digital stock slid late Wednesday despite the hard-disk drive maker reporting fiscal fourth-quarter results ahead of estimates. Western Digital said its earnings climbed 109%, to $3.56 per share, for the June quarter. Western Digital and its rival Seagate Technology dominate the hard-disk drive market.

Seagate Technology delivers Q4 beat as AI demand supports storage outlook
Proactive14d agobullish
Seagate Technology delivers Q4 beat as AI demand supports storage outlook

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...

Investing.com15d agobullish
Seagate tops quarterly estimates and issues blockbuster first-quarter guidance

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

Seagate (NASDAQ:STX) Reports Strong Q2, Stock Soars
StockStory15d agobullish
Seagate (NASDAQ:STX) Reports Strong Q2, Stock Soars

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 forecasts upbeat quarter on strong AI-driven storage demand
Reuters15d agobullish
Seagate forecasts upbeat quarter on strong AI-driven storage demand

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.