Seagate Technology is trading 3.9% down at $874.62 in pre-market as shares pull back from a multi-day rally sparked by upbeat fiscal Q2 2026 results.

  • The company recently posted record margins and better-than-expected earnings, with several firms hiking price targets on AI-driven storage demand.
  • Today’s move appears to be profit-taking amid softer tech futures rather than a fresh company-specific catalyst.