Information Technology·Technology Hardware, Storage & Peripherals·$131.3B
Seagate Technology Holdings is a leading provider of data storage solutions, specializing in hard drives and storage systems. As a key player in the Information Technology sector, Seagate's products are crucial for data centers, cloud storage, and consumer electronics, making it relevant in today's data-driven world.
Earnings Per Share (EPS)
EPS is a critical measure of profitability and reflects the company's ability to generate earnings for shareholders.
Revenue
Revenue indicates the overall sales performance and demand for Seagate's storage products, which is vital for growth.
Wall Street expectations, options signals, track record, and call prep available with Pro.
EPS Beat Streak
8Q
EPS Beat Rate
100%
Avg EPS Surprise
+53.47%
Avg Stock Reaction
+0.75%
In Q2 2026, Seagate reported an EPS of $3.11, significantly exceeding expectations by 18.7%. The stock reacted positively, gaining 3.76% the following day.
Management Promises & Guidance
Analysts are generally optimistic about Seagate's upcoming earnings, expecting solid EPS and revenue growth. The company has a strong track record of beating earnings estimates.
Bull Case
If Seagate exceeds the EPS estimate of $3.50, it could signal strong demand for its products and further growth potential, possibly leading to a stock price rally.
Bear Case
Conversely, if the company fails to meet expectations, it could raise concerns about market demand and competitive pressures, leading to a decline in stock price.
Earnings Per Share (EPS)
$3.50EPS is a critical measure of profitability and reflects the company's ability to generate earnings for shareholders.
Revenue
$3.0BRevenue indicates the overall sales performance and demand for Seagate's storage products, which is vital for growth.
The print will turn on these two things.
Q1
Will Seagate's EPS exceed $3.50, and by how much?
A strong EPS performance could reinforce investor confidence and validate the company's growth strategy.
Q2
What is the revenue outlook for the next quarter?
Guidance on revenue will provide insight into demand trends and the company's ability to navigate market challenges.
Why consensus could be wrong
The consensus may underestimate Seagate's ability to capitalize on increasing demand for data storage solutions, particularly in cloud services.
Supporting Evidence
The company has consistently beaten EPS estimates, indicating stronger-than-expected performance.
Options pricing suggests a larger potential move than historical averages, indicating investor uncertainty.
Recent trends in data consumption could drive higher demand for Seagate's products.
Key Risk
If revenue growth exceeds $3.0B, it could challenge the current bearish sentiment and shift investor expectations.
Pre-commit to what would confirm each case.
This quarter's performance is critical as it will indicate whether Seagate can maintain its growth trajectory amidst evolving market dynamics.
Bull Confirmed If
An EPS of $3.60 or higher would confirm strong operational performance and demand.
Bear Confirmed If
An EPS below $3.40 would raise concerns about market conditions and competitive pressures.
Implied Move
±13.44%
Historical Avg
±1.9%
The options market is pricing in a significant potential move in either direction following the earnings report, indicating heightened investor uncertainty.
Options are pricing ±8.1% while STX has averaged ±1.9% over the last 8 prints — setup is pricing rich.
Likely market behavior by outcome — not investment advice.
Beat & Raise
If Seagate beats expectations, history suggests the stock could rise by approximately 0.75% on the first day, confirming strong demand and operational efficiency.
In-Line / Cautious
If results are in line with expectations, the stock may experience muted movement as investors await further commentary from management.
Miss
A miss on earnings could lead to a decline, potentially around 1.92% based on historical patterns, raising concerns about future growth.
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
No charge today · Auto-bills $8/mo after 7 days · Cancel anytime
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
No charge today · Auto-bills $8/mo after 7 days · Cancel anytime
VERIZON COMMUNICATIO
Apr 27, 2026