Seagate Technology is trading 4.7% up now at $965.08 after investors continued responding to strong fiscal 2026 results and an upbeat AI-storage outlook.
- Quarterly revenue reached $3.6 billion, while non-GAAP EPS was $5.71, exceeding expectations.
- Data-center demand represented about 90% of exabyte shipments, with long-term supply agreements extending through 2028.
- AI-driven demand, stronger pricing, expanding margins, and HAMR adoption are reinforcing bullish sentiment.