1h agoThe StreetBULLISH 67Analyst
BofA sees more upside in Seagate’s AI storage trade
Seagate’s margins and cloud demand beat expectations, prompting BofA to raise its fiscal 2027 estimates.
Why Is SEAGATE TECHNOLOGY H (STX) Stock Moving Today?
By the Top Tier Newswire AI Desk · July 29, 2026 at 5:27 AM ET · reviewed against 35 wire stories
SEAGATE TECHNOLOGY H (STX) is drawing unusual attention today. Our newswire has captured 35 stories on STX across 16 sources in the last 36 hours, with AI sentiment reading bullish (avg 60/100).
Seagate Technology Holdings (STX) stock is moving higher today, with a rally of as much as 9% in after-hours trading following the company’s Q4 earnings report. The stock’s rise reflects strong performance in the quarter, including a 48% revenue surge and record operating margins. The results and raised guidance have pushed back against skepticism about the AI infrastructure trade, as Seagate benefits from surging demand in data center and hyperscale cloud storage.
What Happened
Seagate reported fiscal fourth-quarter results that beat expectations, with revenue of $3.629 billion exceeding the $3.485 billion estimate. Adjusted earnings per share came in at $5.71, surpassing the $5.09 forecast. The company also raised its guidance for the September quarter, projecting $4.1 billion in revenue and $7.30 in non-GAAP EPS. The report highlighted strong data center demand and the ramp of HAMR and Mozaic technologies, which are expanding margins. The stock’s performance was further supported by TD Cowen analysts, who called the risk-reward profile favorable.
What The Data Shows
The stock has moved up 0.2% over the last eight sessions, trading between $745.90 and $747.30. Seagate’s fundamentals show a revenue increase of 28.9% trailing twelve months, with a net margin of 21.6%. The stock has a high beta of 2.07 and a P/E ratio of 77.4, reflecting its growth orientation. Recent insider transactions include 18 sales totaling $101.9 million in the last 90 days, with no insider buys recorded. Congressional trades include a recent $250,001 to $500,000 sale by Donald J. Trump on May 18.
What To Watch
The company’s Q1 guidance and earnings report will be key to monitoring the trajectory of the stock. With Seagate’s strong performance and AI-driven demand, continued coverage of its execution and market conditions will be important.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.
STX by the numbers
7 sessions: -5.26%Coverage: 35 stories / 16 sourcesAI sentiment: 60/100 (bullish)Mkt cap: $192.7BP/E: 77.452w: $138.30 to $1145.00
The headlines behind the move
3h agoSeeking AlphaBULLISH 73Analyst
Seagate: HAMR Is Delivering Faster Than I Expected
Seagate's Q4 2026 results showed that the HAMR thesis is progressing faster than I previously modeled. Read why STX stock is a Strong Buy.
12h agoInvestors.comNEUTRAL 48General
Stock Market Today: Indexes Turn Tail After Fed Holds Rates Steady; STX, SNOW, ARQT In Focus
Alissa Coram and Ken Shreve walk through Wednesday’s market action with key stocks to watch in Stock Market Today.
17h agoYahoo TopBEARISH 34Earnings
SanDisk Sinks 7%, Micron Slides 6% as Memory Selloff Intensifies; Seagate Bucks the Trend
A record-breaking earnings print from the world
17h agoCNBCBULLISH 73Earnings
Jim Cramer says Seagate is the ‘key to this market’ after blowout earnings
Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News.
19h agoTipRanksBULLISH 55Analyst
SNDK Stock: What SK Hynix and Seagate Earnings Mean for SanDisk
SanDisk ($SNDK) stock is likely to remain in focus ahead of its fiscal fourth-quarter earnings on August 5 after recent results from memory chip maker SK Hynix ($SK...
19h agoCNBCNEUTRAL 50General
Cramer’s Mad Dash: Seagate
CNBC’s Jim Cramer delivers his daily Mad Dash.
20h agoCNBCBULLISH 63Earnings
Jim Cramer's top 10 things to watch in the stock market Wednesday
Ford had a great earnings night. Plus, earnings updates from memory giants SK Hynix and Seagate.
20h agoInvesting.com Analyst RatingsBULLISH 61Analyst
Rosenblatt raises Seagate stock price target on pricing strength
Rosenblatt raises Seagate stock price target on pricing strength
20h agoInvesting.com Analyst RatingsBULLISH 61Analyst
Bernstein SocGen raises Seagate stock price target on HAMR strength
Bernstein SocGen raises Seagate stock price target on HAMR strength
Frequently asked questions
Why is STX stock moving today?
SEAGATE TECHNOLOGY H (STX) is drawing unusual attention today. Our newswire has captured 35 stories on STX across 16 sources in the last 36 hours, with AI sentiment reading bullish (avg 60/100). The most recent driver: "BofA sees more upside in Seagate’s AI storage trade" (The Street).
Is STX a buy right now?
Top Tier Newswire does not give financial advice. Our AI sentiment across the last 36 hours of STX coverage reads 60/100 over 35 stories; treat it as a research signal and do your own diligence.
How fast does this page update?
The data sections refresh continuously as the newswire lands coverage; the written analysis is published once per trading day. Pro subscribers additionally get real-time push alerts, watchlists, and the full live terminal.
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More on STX: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier STX move explainers: 2026-07-29 · 2026-07-28 · 2026-07-27 · 2026-07-21 · 2026-07-17 · 2026-07-16 · 2026-07-14 · 2026-07-11