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Barchart
Barchart
Wajeeh Khan

Ahead of Seagate Earnings, Here's What Barchart Data Says Comes Next for STX Stock

STX Seagate Barchart Seagate Technology Bank of America

Seagate Technology (STX) stock has been somewhat of a disappointment for investors since mid-June, but options traders believe the company’s upcoming earnings report on Oct. 27 could trigger a near-term rally. Consensus is for the data storage giant to record $7.17 per share of earnings (EPS) for its fiscal Q4, which would represent remarkable 185% year-over-year growth.

At the time of writing, Seagate stock is down more than 40% versus its year-to-date high.

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