Analysts expect Seagate Technology to report Q1 fiscal 2027 revenue of $4.14 billion and EPS of $7.17, with the stock currently trading at $630.49 against an average analyst price target of $973.92.
Investors are primarily focused on the adoption rate of Seagate’s HAMR-based Mozaic platform as the company transitions to higher-capacity drives for AI data centers.
Despite a recent stock sell-off fueled by oversupply concerns from competitors like Toshiba, management remains optimistic about long-term demand visibility through 2028. This report is seen as a critical test of Seagate’s pricing power and its ability to sustain the massive growth momentum seen throughout fiscal 2026.