On July 29, Seagate Technology PLC rose 4.37% in pre-market trading, trading at $783.03/share, with turnover of $5.1249 million. The rally follows the company's strong Q4 fiscal 2026 earnings report released after the prior session's close.

Seagate reported Q4 revenue of $3.629 billion, up 48% year-over-year and above the analyst consensus of $3.485 billion. Adjusted EPS came in at $5.71, beating the $5.09 estimate by 12%. Net income surged to $1.294 billion from $488 million a year ago, representing over 165% growth. Adjusted operating margin reached 44.6%, exceeding the expected 41.9%. More importantly, the company issued Q1 FY2027 guidance of $4.0-4.2 billion in revenue, far above the $3.75 billion consensus, with adjusted EPS of approximately $7.30 versus the $5.80 market estimate. Management cited robust AI-driven cloud data center demand as the primary growth engine. During the fiscal year, Seagate repaid $1.4 billion in debt and declared a quarterly dividend of $0.74 per share.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)