Seagate Technology to report fiscal fourth quarter and FY26 results on July 28

0 min read     Updated on 15 Jul 2026, 04:32 AM
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Seagate Technology Holdings plc will announce its fiscal fourth quarter and fiscal year 2026 financial results after the US market closes on July 28, 2026. A conference call to discuss the results is set for 2:00 PM PT / 5:00 PM ET the same day, accessible via webcast.

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Seagate Technology Holdings plc will release its fiscal fourth quarter and fiscal year 2026 financial results after the US market closes on Tuesday, July 28, 2026. The company, a leading innovator of mass-capacity data storage, has scheduled an investment community conference call to discuss these results at 2:00 PM PT / 5:00 PM ET on the same day.

The live audio webcast of the conference call will be accessible online at Seagate’s Investor Relations website, investors.seagate.com. Investors and interested parties can listen to the management discuss the financial performance for the quarter and the full fiscal year.

Seagate Technology provides advanced storage solutions to hyperscale cloud providers, enterprises, and consumers. The company focuses on helping organizations protect, create, and manage data that drives transformation and growth.

Key Event Details

Event Date and Time
Financial Results Release July 28, 2026 (after US market close)
Conference Call July 28, 2026 at 2:00 PM PT / 5:00 PM ET
Webcast Access investors.seagate.com

The fiscal year 2026 results will provide insights into Seagate's annual performance, including revenue and profitability trends in the data storage sector.

How might Seagate's fiscal 2026 results reflect broader trends in demand for mass-capacity data storage from hyperscale cloud providers?

What impact could Seagate's performance have on investor sentiment toward the data storage sector as a whole?

Will Seagate provide updated guidance for fiscal 2027, and what factors might influence their outlook?

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Citi raises Seagate target to $1,240 on AI demand

2 min read     Updated on 14 Jul 2026, 01:48 AM
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Seagate Technology Holdings shares gained following analyst upgrades and a sector rally driven by AI demand. Wells Fargo upgraded the stock to Overweight with a $1,100 target, while Citigroup maintained a Buy rating and raised its target to $1,240. The moves come amid a structural memory supply shortage highlighted by Micron's earnings and Apple's price hikes.

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Seagate Technology Holdings stock rose on Thursday, driven by a broad AI-driven technology and semiconductor rally. Wells Fargo analyst Aaron Rakers upgraded Seagate Technology Holdings from Equal-Weight to Overweight and raised the price target from $900 to $1,100. Separately, Citigroup analyst Asiya Merchant maintained Seagate Technology Holdings with a Buy rating and raised the price target from $1,150 to $1,240. Seagate shares closed at $890.09 on Thursday.

The upward movement follows blowout fiscal third-quarter earnings results from Micron Technology and trader reaction to a sector-wide structural memory supply shortage. Memory peers SanDisk and Western Digital are also trading higher. Micron reported adjusted earnings of $25.11 per share on revenue of $41.46 billion, beating the analyst consensus estimate of $20.78. The company also issued stronger-than-expected fourth-quarter guidance.

Apple Price Hikes Confirm Supply Shortage

Apple raised prices across several Mac and iPad products on Thursday morning, passing higher memory and storage costs to consumers. In a statement, Apple noted, "The rapid expansion of AI data centers has created an extraordinary surge in demand for memory and storage." Counterpoint Research reported that memory and storage prices quadrupled over the past three quarters.

Apple CEO Tim Cook told the Wall Street Journal last week that the supply situation was unavoidable. Cook stated, "This is a hundred-year flood," and added, "I’ve never seen anything like it in any area in over 40 years."

Analysts Highlight Capital Spending Strength

Before the results, Evercore ISI analyst Amit Daryanani told CNBC that robust capital spending by major technology companies continues to support demand for storage and memory manufacturers. Daryanani noted that this spending supports demand for SanDisk and Western Digital, as well as Seagate.

Firm Analyst Rating Price Target Change
Citigroup Asiya Merchant Buy $1,150 to $1,240
Wells Fargo Aaron Rakers Overweight $900 to $1,100
Susquehanna Mehdi Hosseini Neutral $615 to $775
B of A Securities Wamsi Mohan Buy $1,000 to $1,150
Cantor Fitzgerald C.J. Muse Overweight Raised to $1,300

Seagate Technology Stock: Key Technical Levels To Watch

The longer-term trend remains decisively bullish: STX is trading 9.2% above its 20-day SMA, 29.2% above its 50-day SMA, 70.3% above its 100-day SMA, and 136.4% above its 200-day SMA. Those gaps indicate buyers have controlled multiple timeframes, but they also hint the stock can be stretched and prone to sharper pullbacks when momentum cools.

From a structure standpoint, the 20-day SMA is above the 50-day SMA, and the 50-day SMA is above the 200-day SMA—two bullish crossover conditions that typically keep dip-buying behavior intact.

How long will the current structural memory supply shortage persist given the rapid expansion of AI data centers?

Will other major tech companies follow Apple's lead in passing higher memory and storage costs to consumers?

Can Seagate maintain its bullish momentum if the stock becomes overextended relative to its technical indicators?

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