Seagate Reports Solid Q2, Analyst Optimistic About Advanced HAMR Technology Impact In 2025

1. Seagate reported FY25 Q2 revenue of $2.33 billion, beating consensus estimates. 2. Expectations for Q3 adjusted EPS is $1.70, slightly above analyst estimates. 3. Management highlights sustained demand driven by limited supply additions and AI growth. 4. Analyst raised CY25 EPS estimate to $8.85, indicating strong future performance. 5. STX shares up 7.97% amidst positive outlook and earnings report.