Seagate Technology Holdings reported fiscal Q4 non-GAAP EPS of $5.71, beating consensus by $0.62, with revenue up 48.8% year-over-year and gross margin rising to 52.7%. The company’s growth is driven by strong cloud demand, disciplined pricing, and successful adoption of higher-capacity HAMR drives and the Mozaic platform. Long-term cloud customer agreements provide earnings visibility, though future margin stability depends on maintaining technological advantages and cost control. Valuation reflects expectations of continued AI-driven demand and margin resilience as pricing normalizes.
As of Sep 29, 2026 04:11 WIB, Seagate Technology Holdings PLC (STX) is trading at USD 920.95 on Pluang, showing a modest 0.45% increase in the past day. The stock maintains a strong market presence with a market cap of $208.48 billion and an enterprise value of $210.63 billion. Investor sentiment on Pluang leans positive, with 65% of order activity on the buy side, reflecting confidence in Seagate's ongoing growth and technological advancements.
Seagate shares have surged over 300% in a year, reaching above $900, driven by strong revenue growth and margin expansion. Management expects at least 20% annual revenue growth and nearline storage capacity is nearly fully allocated through 2027, sup...
Seagate Technology's shares have tripled in the past year, driven by strong demand for AI-related storage solutions from major cloud providers. The company reported robust revenue and earnings beats, with guidance pointing to continued growth fueled ...
