Seagate Technology is trading 5.1% up at $785.20 after reporting a significant fiscal Q4 2026 earnings beat and issuing bullish forward guidance.
- The company reported a 48% year-over-year revenue increase and more than doubled its EPS, driven by accelerating demand for AI-driven cloud storage.
- Management's optimistic Q1 2027 outlook positions the firm as an AI infrastructure leader, forecasting higher growth as HAMR-based drive adoption accelerates.