The institution believes that Seagate Technology's revenue in the fourth quarter of fiscal year 2026, ending July 2026, reached $3.629 billion, a year-over-year increase of 48.5%, with non-GAAP earnings per share of $5.71, exceeding market expectations. The company's full-year free cash flow reached a record $3.105 billion, a year-over-year increase of 279.58%. In addition, Seagate Technology's nearline storage capacity for the 2026 calendar year has been fully sold out, and pricing negotiations for 2027 and 2028 have begun, demonstrating strong pricing power and AI-driven hyperscale customer demand.