$Seagate Technology PLC(STX)$ released its earnings last night. Goldman Sachs analysts raised their price target from $385 to $700 on the same day — an 82% increase within three hours, with normalized EPS estimates revised from $17.50 to $32.00.$SanDisk Corp.(SNDK)$ earnings are about to be released on April 30th.Seagate beat across the boardRevenue: $3.11B (+44.1% YoY), +5.5% above StreetGross margin: 47.0%, +230bps vs StreetEPS: $4.10, +16.8% above StreetQ2 revenue guidance (midpoint): $3.45B, +10.3% vs StreetThe most critical strategic signal: Management explicitly stated they do not plan to increase capacity. Keeping supply tight = deliberately maintaining pricing power.Why Seagate’s results directly i
SanDisk Beats but Falls 4% Post-Earnings: Classic Sell the News?
SanDisk (SNDK) delivered above-consensus Q3 revenue and earnings, yet shares dropped 4.42% after hours in a textbook sell-the-news reaction — Seagate's outperformance had already fueled a sustained storage sector rally, raising the bar significantly and pricing in the beat ahead of results. The AI storage demand narrative remains intact. But is SNDK's post-earnings decline a short-term shakeout or an early sign of trend reversal — and would a drop below $1,000 represent a buy signal?
+ Follow
+14