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Posted by
Two Blokes May 1 -
Filed in
Stock
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Seagate's strong Q3 earnings and minimal tariff impact have driven a 10% post-earnings stock surge, recouping all YTD losses and pushing shares up for the year. The company benefits from robust AI-driven datacenter demand, leading to significant y/y growth and larger storage module shipments. Seagate's fiscal Q4 outlook calls for 20-30% y/y growth and a possible improvement in margin, surpassing Wall Street's 16% y/y expectations and reducing uncertainty around tariff impacts.
