Seagate Earnings Set to Surge | Business and Finance News

Seagate’s latest earnings report drops Tuesday after market close, riding a wave of momentum: last quarter’s $3.11B revenue surged 44% YoY, crushing EPS and operating income forecasts. This quarter, analysts expect another strong showing with ~43% YoY revenue growth—up from 29% last year—backed by steady analyst confidence. While chipmakers like Micron soared and Intel stumbled, Seagate’s stock has dipped ~13% recently, trading below its $1,900 average price target. Will this report reignite investor optimism? Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7ac10655ca81ed35