Sector selloff pressures Seagate Technology stock before October results

Published on 10/14/2026 at 11:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sector selling pressured Seagate Technology on October 13, 2026. Seagate Technology stock costs EUR 658.00 on October 14, 2026 with USD 167.5 billion market value.

Demand and reporting dates

Seagate Technology stock fell 5.20 percent in pre-market trading on October 13, 2026.
Fiscal fourth-quarter revenue reached USD 3.63 billion, up 48.00 percent year over year.
Seagate Technology stock was at EUR 658.00 at 11:05 a.m. CEST on October 14, 2026, at Lang & Schwarz.
Seagate Technology's next earnings date is October 27, 2026.

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Seagate Technology (ISIN IE00BKVD2N49) was trading at EUR 658.00 at Lang & Schwarz on October 14, 2026 at 11:05 a.m. CEST. On October 13, 2026, TradingPedia reported that Seagate stock came under pressure in pre-market trading as memory and storage shares sold off.

October results carry the test

The latest reported quarter still provides a strong operating benchmark. In the fiscal fourth quarter ended July 3, 2026, Seagate generated USD 3.63 billion of revenue, up 48.00 percent from the same quarter a year earlier, according to Yahoo Finance.

Management guided fiscal first-quarter 2027 revenue to USD 4.10 billion plus or minus USD 100.00 million and non-GAAP earnings per share to USD 7.30 plus or minus USD 0.20. The same transcript put non-GAAP gross margin at 52.70 percent in the June quarter, up from 47.00 percent in the prior period.

What does demand mean for margins?

Seagate's demand outlook is tied closely to data center storage. Management said data center revenue reached USD 2.90 billion in the June quarter, up 57.00 percent year over year, while data center shipments represented 89.00 percent of total exabyte shipments.

The counterweight is supply risk. TradingPedia cited concerns about new hard-drive capacity and possible competition in the storage supply chain. That makes the next report important for judging whether pricing power can support the guided margin profile.

The next reporting dates

Seagate's chronology shows how quickly expectations have risen. On October 28, 2025, fiscal first-quarter revenue was USD 2.63 billion, according to TickerScout. On July 28, 2026, fiscal fourth-quarter revenue reached USD 3.60 billion, with non-GAAP earnings per share of USD 5.71. On October 13, 2026, the stock faced a 5.20 percent pre-market decline as sector selling intensified.

JRHisse lists October 27, 2026 as the next earnings date. TickerScout identifies an expected Form 10-Q filing around October 30, 2026.

Stock price and valuation

Seagate Technology had a market capitalization of USD 167.5 billion as of October 13, 2026. Its 52-week range was USD 209.00 to USD 1,145.00, putting the current equity value in a wide trading band as investors weigh accelerating demand against supply and valuation risks.

Seagate Technology was trading at EUR 658.00 at Lang & Schwarz on October 14, 2026 at 11:05 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Seagate Technology stock.