STX · News · 20260807N
Guidance and Outlook
Seagate Technology Holdings plc · 2026-08-07 · Importance 69 · Surprise 60
Seagate guided to fiscal Q1 2027 revenue of approximately $4.10 billion. The company’s outlook reflects continued cloud and AI storage demand, stronger pricing, and the ramp-up of HAMR products. Third-party reporting also described nearline capacity as sold out into 2028, indicating extended demand visibility.
Key facts
- TradingKey reported analysts have an average price target of $1,090.19 for Seagate. source