Seagate Technology is trading 14.3% up at $893.68 after reporting fiscal Q4 2026 results that beat estimates and issuing robust guidance as an AI infrastructure provider.
- The company exceeded analyst expectations for both revenue and EPS, supported by record free cash flow during the fourth quarter.
- Management issued Q1 2027 guidance that was significantly stronger than expected, highlighting the company's pivotal role in supporting AI infrastructure.
- The upbeat report has sparked renewed investor enthusiasm, helping the stock rebound sharply despite recent volatility across the broader technology sector.