Seagate stock gains as AI storage demand lifts trading

Published on 09/21/2026 at 15:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Seagate stock closed at USD 858.79 on September 18, 2026, up 6.93 percent. Argus Research raised its price target to USD 900 on July 30, 2026.

Geöffnete Festplatte mit sichtbaren Magnetplatten und Schreib-Lesekopf in Nahaufnahme — Seagate Technology (IE00B58PMW19): fotorealistische Nahaufnahme einer geöffneten Festplatte mit spiegelnden Magnetplatten und feinem Schreibkopf, Illustration mit AI erstellt.

Seagate Technology Holdings plc (IE00BKVD2N49) closed at USD 858.79 on Nasdaq on September 18, 2026, up USD 55.66 or 6.93 percent from the prior close. The move came as a market wrap linked the advance to AI-related storage demand and said Seagate finished above Western Digital's USD 441.36 session close.

AI storage stays central

According to Ad-hoc-news on September 21, 2026, the stock ended the September 18, 2026 session at USD 858.79 and outperformed Western Digital in the same trading session. The same report said Seagate's AI-related storage exposure has kept investors focused on high-capacity drives.

Yahoo Finance showed Seagate at USD 888.30 in pre-market trading on September 21, 2026, after a previous close of USD 803.13, with a day's range of USD 807.31 to USD 872.00 and a market capitalization of USD 195.283 billion. It also listed a 52-week range of USD 209.00 to USD 1,145.00 and volume of 6,976,470 shares.

Targets and earnings

According to Yahoo Finance on September 21, 2026, Argus Research kept a Buy rating and raised its price target from USD 750 to USD 900 on July 30, 2026. The same page showed a 1-year target estimate of USD 1,125.00 and an average analyst target of USD 1,125.00.

Yahoo Finance also showed Q4 FY26 actual earnings per share of 5.71 versus an estimate of 5.09, and Q4 FY26 revenue of USD 3.63 billion with earnings of USD 1.29 billion. The page listed a profit margin of 35.66 percent for Q4 FY26 and a trailing revenue figure of USD 12.2 billion.

Next check point

Yahoo Finance lists the next earnings date as October 27, 2026, while Ad-hoc-news says the next major reporting date is October 28, 2026. Seagate stock traded with a YTD gain of 211.84 percent and a 1-year gain of 296.41 percent on the Yahoo Finance snapshot.