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Business
from24/7 Wall St.
1 day ago

Rosenblatt Sets a $1,000 Seagate Price Target: Is This the Most Bullish HDD Call of 2026?

Rosenblatt raised Seagate's price target to $1,000, signaling strong confidence in HDD demand driven by AI and supply scarcity.
from24/7 Wall St.
6 months ago

Seagate Is Up 4.7% After Earnings: Everything You Need to Know

Seagate Technology ( NASDAQ: STX) delivered a commanding earnings beat on Tuesday, posting Q1 results that crushed expectations and signaled robust demand for high-capacity storage tied to AI infrastructure buildout. Revenue hit $2.63 billion, beating the $2.55 billion consensus by 3.1%, while non-GAAP EPS of $2.61 exceeded the $2.40 estimate and the high end of guided range. The stock traded at $223 at the close, but is now trading for nearly $233 after hours.
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