Seagate Technology (STX) Q4 Earnings: What To Expect
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Seagate Technology (STX) is set to report its Q4 earnings this Tuesday. Analysts expect revenue to grow 18.3% year-on-year to $2.75 billion, with adjusted earnings at $2.84 per share. The company has consistently exceeded revenue estimates, missing only once in two years. Positive sentiment in the semiconductor sector has seen Seagate's shares rise 23% recently, with an average analyst price target of $354.82 against a current price of $346.45. Comparatively, peers like Micron and Penguin Solutions have reported varied results, influencing market expectations.
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