Seagate Stock Has Already Run Hard — Is It Still Worth Buying?
20 Jun 2026 · 10:56 UTC · CoinCentral RSS Feed · Original source
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Summary
Seagate reported Q3 FY2026 revenue of $3.11 billion, with non-GAAP EPS of $4.10 and free cash flow of $953 million. Q4 guidance came in above expectations at $3.45 billion in revenue and $5.00 adjusted EPS. AI-driven demand for high-capacity hard disk drives is pushing the storage cycle higher and faster than expected.
Why it matters
Seagate's performance may indirectly influence sentiment in tech and AI sectors, but its impact on cryptocurrency markets is negligible. The article lacks significant connections to crypto, suggesting limited market effects. Traders in the crypto space are likely to remain focused on more directly relevant developments.
Expected impact
The article discusses Seagate's financial performance, specifically its revenue and EPS guidance, driven by AI demand. However, the relevance to cryptocurrency markets is minimal, as it focuses on a traditional tech stock.