Seagate stock rises as guidance points to $4.1 billion revenue

Seagate stock closed at USD 877.33 on September 21, 2026, up 2.16 percent from the previous close on Nasdaq. The move followed quarterly results that put fiscal Q1 2027 guidance at USD 4.10 billion in revenue, plus or minus USD 100 million.

Revenue climbed 48.5 percent

According to MarketBeat on September 21, 2026, Seagate reported fiscal fourth-quarter revenue of USD 3.63 billion, up 48.5 percent from the same period a year earlier. Adjusted earnings reached USD 5.71 per share, compared with USD 2.59 per share in the prior-year quarter.

The result also exceeded the reported consensus. Earnings of USD 5.71 per share were USD 0.61 above the USD 5.10 estimate, while revenue surpassed the USD 3.50 billion expectation by USD 130 million, according to MarketBeat.

Fiscal Q1 guidance raises the bar

For fiscal Q1 2027, management guided adjusted diluted earnings to USD 7.30 per share, plus or minus USD 0.20, alongside revenue of USD 4.10 billion, plus or minus USD 100 million. The guidance implies a revenue step-up of USD 470 million, or 13.0 percent, from the fiscal fourth-quarter figure reported for the period ending July 2026.

Stocktwits reported on September 22, 2026, that Seagate's fiscal fourth-quarter revenue increased 48 percent to USD 3.63 billion and adjusted earnings more than doubled to USD 5.71 per share. The same report identified the USD 4.10 billion revenue and USD 7.30 earnings guidance as the next operating benchmark.

Stock remains highly valued

Seagate's valuation reflects the earnings acceleration. Market data on September 22, 2026, showed a market capitalization of USD 195.28 billion, a trailing price-to-earnings ratio of 61.78 and trading volume of 6,976,470 shares. The 52-week range was USD 211.63 to USD 1,094.04.

The next scheduled earnings date shown in market data is October 27, 2026. A cash dividend of USD 0.74 per share has an ex-dividend date of September 24, 2026, making the upcoming earnings release and dividend date the next dated reference points for the stock.

Seagate stock closes at USD 877.33

Seagate stock closed at USD 877.33 on Nasdaq on September 21, 2026, with a daily gain of 2.16 percent. The September 22 market snapshot listed volume at 6,976,470 shares and market capitalization at USD 195.28 billion.

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