5 Hidden Metrics Behind Seagate’s AI-Fueled Rally

Photo illustration by Cheng Xin/Getty ImagesGetty ImagesSeagate (NASDAQ: STX) shares soared by more than ten percent after the data storage powerhouse exceeded expectations in its fiscal Q1 2026 earnings. Revenue rose 21% compared to the previous year, reaching $2.63 billion, and the adjusted EPS climbed to $2.61, both substantially higher than Wall Street forecasts. While headlines highlighted the AI-driven recovery, Seagate’s filings contain several key operational metrics that demonstrate the depth of th ...