Seagate, IE00BKVD2N49

Seagate stock trades at EUR 803.00 as revenue rises 48.50 percent

Published on 09/30/2026 at 12:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Seagate stock carries fiscal Q1 2027 non-GAAP EPS guidance of USD 7.10 to USD 7.50. June-quarter adjusted EPS reached USD 5.71, while gross margin reached 52.70 percent.

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Seagate stock (ISIN IE00BKVD2N49) was trading at EUR 803.00 at Lang & Schwarz on September 30, 2026 at 12:19 p.m. CEST, down 0.12 percent from the prior close of EUR 804.00. The company enters the next reporting cycle with fiscal Q4 2026 revenue up 48.50 percent year over year to USD 3.63 billion.

Revenue growth sets the pace

MarketBeat reported that Seagate delivered fiscal-quarter EPS of USD 5.71 against a USD 5.10 consensus estimate, a USD 0.61 beat. Revenue reached USD 3.63 billion versus analyst estimates of USD 3.50 billion, giving the storage maker a quantified operating advantage rather than a purely thematic AI story.

The latest quarter also showed a sharp profitability step-up. Yahoo Finance reported non-GAAP gross margin of 52.70 percent for the June quarter, up from 47.00 percent in the prior quarter, while non-GAAP operating margin reached 44.60 percent. Free cash flow exceeded USD 1.10 billion in the quarter, according to the same earnings call.

AI demand meets tighter supply

Seagate management linked the fiscal 2026 performance to cloud demand, AI applications and the ramp of HAMR-based Mozaic drives. Data center customers represented 89.00 percent of June-quarter exabyte shipments, while data center revenue reached USD 2.90 billion, up 57.00 percent year over year, according to Yahoo Finance.

The next checkpoint is fiscal Q1 2027. Management guided to revenue of USD 4.10 billion, plus or minus USD 100.00 million, and non-GAAP EPS of USD 7.30, plus or minus USD 0.20. That midpoint implies 56.00 percent year-over-year revenue growth, while the guidance range gives investors a concrete test for whether pricing and capacity remain favorable.

Analyst target stays above the quote

MarketBeat said the average 12-month analyst target was USD 986.00, alongside a Moderate Buy consensus from 27 brokerages. The target is a separate US-dollar reference and cannot be compared directly with the euro Lang & Schwarz quote, but it shows how strongly expectations depend on continued earnings expansion.

Seagate is listed on the NASDAQ under ticker STX, as identified by Investing.com. The primary-market quote stood at USD 913.45 on September 29, 2026 at 4:00 p.m. ET, with a 52-week range of USD 209.00 to USD 1,145.00 and market capitalization of USD 204.8 billion.

Seagate stock stays near the upper range

At Lang & Schwarz, Seagate stock was trading at EUR 803.00 on September 30, 2026 at 12:19 p.m. CEST, down 0.12 percent versus the prior close of EUR 804.00. The intraday quote keeps the focus on execution against the USD 4.10 billion fiscal Q1 2027 revenue midpoint and the USD 7.30 non-GAAP EPS midpoint.

Seagate Technology Holdings plc stock data

  • Company: Seagate Technology Holdings plc
  • ISIN: IE00BKVD2N49
  • Ticker: STX
  • Primary exchange: NASDAQ
  • Price Lang & Schwarz as of September 30, 2026 at 12:19 p.m. CEST: EUR 803.00
  • Change versus prior close: minus 0.12 percent
  • Prior close Lang & Schwarz September 29, 2026: EUR 804.00
  • Market capitalization: USD 204.8 billion as of September 29, 2026
  • 52-week range: USD 209.00-1,145.00 as of September 29, 2026
  • Sector / Industry: Technology / Computer Hardware

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