Seagate Technology is trading at $889.51 (+4.44%) after its July 28 earnings report showed a major beat and record profitability.
- The company reported $3.63 billion in quarterly revenue and $5.71 non-GAAP EPS, significantly exceeding market expectations.
- Management issued upbeat Q1 2027 guidance of $4.1 billion in revenue and $7.30 EPS, fueled by robust AI-cloud demand and the HAMR technology transition.