Seagate Technology Holdings plc (STX) earnings on July 28, 2026
More Seagate Technology Holdings plc earnings
Prior outlook: Optimistic Outcome: Accurate
The stock initially rose over 11% during the day. It then settled with a 2.29% gain as some investors sold shares.
STX price around the earnings
764.43
Change: +2.3%
2026-07-29, 20:00 UTC
Start of the measured window
End of the measured window
742.60
768.17
793.73
819.30
747.30
July 28, 2026
July 29, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
- Results released
Severe selloff creates after a strong recent drop setup; strong recent earnings beat rate; analyst cite +36.6% upside; high IV 1.8944.
Context analyzed before publication
- Trend
- Trajectory declined from 56 to 22.7 over 7 days but remains positive; after a strong recent drop conditions persist
Analysts
Evidence
- Analyst consensus
- Strong buy
- Consensus average (1-5)
- 1.44
- Analysts covering the stock
- 23
- Average price target
- 1,016.22
- Lowest price target
- 680
- Highest price target
- 1,600
- Upside to price target
- 36.6%
- Quarterly earnings growth
- 120%
- Revenue growth
- 44.1%
- Forward EPS
- 28.48
- Trailing EPS
- 10.54
- Analyst moves in the last 60 days
- 10
- Strong buy: 4
- Buy: 18
- Hold: 2
- Sell: 0
- Strong sell: 1
- Strong buy
- 4
- Buy
- 18
- Hold
- 2
- Sell
- 0
- Strong sell
- 1
- July 13, 2026 · Citigroup: Maintains rating (Buy → Buy)
- July 10, 2026 · Wells Fargo: Upgrades rating (Equal-Weight → Overweight)
- July 8, 2026 · Susquehanna: Maintains rating (Neutral → Neutral)
- July 1, 2026 · B of A Securities: Maintains rating (Buy → Buy)
- June 29, 2026 · Cantor Fitzgerald: Maintains rating (Overweight → Overweight)
- June 15, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
- June 12, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- June 8, 2026 · Mizuho: Maintains rating (Outperform → Outperform)
- June 2, 2026 · Citigroup: Maintains rating (Buy → Buy)
- June 1, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (4)
- Seagate's Stock Rally Has Outrun Its Own Guidance — Now Comes the Q4 Test (opens in a new tab) — Benzinga
- Top Wall Street Forecasters Revamp Seagate Expectations Ahead Of Q4 Earnings (opens in a new tab) — Benzinga
- Western Digital Stock Is Gaining Monday: What's Going On? (opens in a new tab) — Benzinga
- Top Three DRAM ETF Stocks to Watch This Week: Samsung, SK Hynix, Seagate (opens in a new tab) — Benzinga
Technicals
Evidence
- Average true range (ATR)
- 9%
- Distance to 52-week high
- -32.0%
- 14-day change (14d)
- -5.1%
- 30-day change (31d)
- -8.9%
- 30-day relative strength
- -5.6%
- QQQ change (31d)
- -3.3%
- Nearest support
- 808.27
- Nearest resistance
- 817.94
- Volume accumulation ratio (14d / 46d)
- 1.13
Trends
Evidence
- Average earnings surprise
- +10.3%
- April 28, 2026: actual EPS 4.1 vs estimate 3.51 (surprise +16.8%)
- January 27, 2026: actual EPS 3.11 vs estimate 2.84 (surprise +9.6%)
- October 28, 2025: actual EPS 2.61 vs estimate 2.4 (surprise +8.8%)
- July 29, 2025: actual EPS 2.59 vs estimate 2.44 (surprise +6.0%)
Expected move
- Implied move
- +9.9%
- Source
- Options chain
Reactions over its last 19 earnings
- Median move
- 7.7%
- 75th percentile move
- 10%
- 90th percentile move
- 13%
- Up / down moves
- 13 / 6
- Average up move
- +8.4%
- Average down move
- -6.5%
Monitoring and close
What Seagate Technology Holdings plc reported
- Status
- Finished
| Actual EPS | 5.71 |
|---|---|
| EPS estimate | 5.09 |
| EPS surprise | +12.2% |
| Revenue | $3,629 million |
| Revenue estimate | $3,485 million |
| Revenue surprise | +4.1% |
Seagate (STX) gets an optimistic price target from Citi after earnings, highlighting scarce AI supply. An article cites 2 of 4 fallen tech stocks.
Sources (50)
- Morgan Stanley Maintains Overweight on Seagate Technology Hldgs, Raises Price Target to $1187 (opens in a new tab) — Benzinga
- JP Morgan Maintains Overweight on Seagate Technology Hldgs, Raises Price Target to $1240 (opens in a new tab) — Benzinga
- Nvidia's Next AI Upgrade Could Be Better Storage, Seagate Says (opens in a new tab) — Benzinga
- TD Cowen Maintains Buy on Seagate Technology Hldgs, Raises Price Target to $1000 (opens in a new tab) — Benzinga
- Susquehanna Maintains Neutral on Seagate Technology Hldgs, Raises Price Target to $875 (opens in a new tab) — Benzinga
- Wedbush Maintains Outperform on Seagate Technology Hldgs, Raises Price Target to $1000 (opens in a new tab) — Benzinga
- Seagate Stock Gains, Analyst Points to Stronger Pricing Power and Widening Supply Shortages (opens in a new tab) — Benzinga
- Seagate Analysts Boost Their Forecasts After Better-Than-Expected Q4 Results (opens in a new tab) — Benzinga
- SanDisk Sinks 7%, Micron Slides 6% as Memory Selloff Intensifies; Seagate Bucks the Trend (opens in a new tab) — 24/7 Wall St.
- Wells Fargo Maintains Overweight on Seagate Technology Hldgs, Raises Price Target to $1180 (opens in a new tab) — Benzinga
- Seagate Stock Escapes Memory Rout: Now BofA Says It Could Rip 54% Higher (opens in a new tab) — Benzinga
- QUICK SPARK: Forget Robots. Seagate Says Physical AI Will Be Built on Video (opens in a new tab) — Benzinga
- Stock Market Today: Dow Dives 600 Points As Oil Spikes, Fed Decision Looms; Seagate Outperforms (Live Coverage) (opens in a new tab) — Investor's Business Daily
- Seagate Technology delivers Q4 beat as AI demand supports storage outlook (opens in a new tab) — Proactive
- Seagate Technology Q4 Earnings Call Highlights AI Storage Demand (opens in a new tab) — Zacks
- STX Q4 Earnings Top on 48% Sales Jump, AI-led Storage Demand Continues (opens in a new tab) — Zacks
- Visa To Rally Around 23%? Here Are 10 Top Analyst Forecasts For Wednesday (opens in a new tab) — Benzinga
- Seagate's Q4 Beat Has Wall Street Talking About A 'New Pricing Regime' — Morningstar Says STX Is Set For A Multi-Year Growth Runway (opens in a new tab) — Stocktwits
- Seagate Hits Record Margins Amid AI Storage Boom (opens in a new tab) — Benzinga
- Cantor Fitzgerald Reiterates Overweight on Seagate Technology Hldgs, Maintains $1300 Price Target (opens in a new tab) — Benzinga
- Seagate Shares Rise After Fourth-Quarter Results Beat Expectations and Outlook Surprises to the Upside (opens in a new tab) — InvestorsHub
- Seagate Stock Shakes Off AI Rally Fears With Big Earnings Beat (opens in a new tab) — Investor's Business Daily
- Jim Cramer says Seagate is the ‘key to this market’ after blowout earnings (opens in a new tab) — CNBC
- Rosenblatt Maintains Buy on Seagate Technology Hldgs, Raises Price Target to $1400 (opens in a new tab) — Benzinga
- Seagate, SK Hynix, Ford, Vertiv, and More Stocks That Explain Today’s Market (opens in a new tab) — Barrons.com
- Citigroup Maintains Buy on Seagate Technology Hldgs, Raises Price Target to $1300 (opens in a new tab) — Benzinga
- Seagate Stock Rises After Blowout Earnings Fueled by AI Demand (opens in a new tab) — Barrons.com
- Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Wednesday; Bloom Energy, Seagate Technology to Advance (opens in a new tab) — MT Newswires
- Dow Jones Futures Fall, Oil Jumps On Iran News; Seagate, SK Hynix, KLA, Bloom Energy Are AI Earnings Movers (opens in a new tab) — Investor's Business Daily
- Cramer’s Mad Dash: Seagate (opens in a new tab) — CNBC
- Calamos Global Convertible Fund: Q2 2026 Contributors And Detractors (opens in a new tab) — SeekingAlpha
- Dow Jones Futures: Oil Jumps On Iran News; Seagate, SK Hynix, KLA, Bloom Energy Earnings Late (opens in a new tab) — Investor's Business Daily
- SK Hynix’s Q2 Miss Triggers Memory Stock Rout: MU, SNDK Slip But STX Holds Up In Green After Q4 Strong Report (opens in a new tab) — Stocktwits
- Seagate (STX) Reports Q4 Earnings: What Key Metrics Have to Say (opens in a new tab) — Zacks
- Sk Hynix, Bloom Energy, Seagate, Micron Technology and Visa: Why These 5 Stocks Are on Investors' Radars Today (opens in a new tab) — Benzinga
- Seagate’s 48% Revenue Surge Silences Growing AI Infrastructure Skeptics (opens in a new tab) — BeInCrypto
- STX Stock Rallies As Much As 9% After-Hours On Q4 Beat, Raised Guidance, And Locked-In 2028 Demand (opens in a new tab) — Stocktwits
- Seagate Technology Q4 Earnings Call Highlights (opens in a new tab) — MarketBeat
- Dow Jones Futures Fall, Oil Jumps On Iran News; Seagate, SK Hynix, KLA, Bloom Energy Earnings Late (opens in a new tab) — Investor's Business Daily
- Seagate (STX) Surpasses Q4 Earnings and Revenue Estimates (opens in a new tab) — Zacks
- Seagate Technology Holdings plc (STX) Q4 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
- Dow Jones Futures: Market Strong Outside AI; Seagate, SK Hynix, KLA, Bloom Energy Earnings Late (opens in a new tab) — Investor's Business Daily
- Ford, Visa, Seagate: After-Hours Stocks to Watch (opens in a new tab) — The Wall Street Journal
- Seagate tops FQ4 estimates and issues blockbuster first-quarter guidance; stock up (opens in a new tab) — Investing.com
- Seagate tops quarterly estimates and issues blockbuster first-quarter guidance (opens in a new tab) — Investing.com
- Seagate Technology (NASDAQ:STX) Breakout Setup After Earnings Beat and AI-Driven Demand Surge (opens in a new tab) — ChartMill
- Seagate (NASDAQ:STX) Reports Strong Q2, Stock Soars (opens in a new tab) — StockStory
- Seagate Stock Jumps After Earnings Beat Expectations, 'Robust' Data Center Demand (opens in a new tab) — Investor's Business Daily
- Seagate forecasts upbeat quarter on strong AI-driven storage demand (opens in a new tab) — Reuters
- Seagate Stock Jumps After Blowout Earnings Fueled by AI Demand (opens in a new tab) — Barrons.com
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, the figures confirm the optimistic scenario. In the 1119 past cases with a similar move, the close held that direction 84% of the time.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +2.3%
- Max favorable move (MFE)
- 11.1%
- Max adverse move (MAE)
- 3.4%