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Morgan Stanley questioned Seagate regarding gross margin guidance, while Citigroup inquired about AI inference and edge demand.

6 reports, 1 independent Updated Aug 18
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What happened

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Morgan Stanley questioned Seagate regarding gross margin guidance, while Citigroup inquired about AI inference and edge demand.

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How it developed

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  1. Analysts questioned Seagate about gross margins and AI/edge demand.1 source
  2. Baird raised price targets for Seagate due to strong AI storage demand.1 source

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Coverage

Newest first; wire copies grouped
  • StockStoryThe 5 Most Interesting Analyst Questions From Seagate Technology’s Q2 Earnings Call Seagate’s most recent quarter delivered growth above Wall Street’s expectations, but the market responded negativel
  • StockStorySeagate Technology (STX) Stock Trades Up, Here Is Why Shares of data storage manufacturer Seagate (NASDAQ:STX) jumped 3.3% in the morning session after a flurry of analyst upgrades and price target h
4 more outlets ran the same wire story