STX is trading -3.39% lower now at $334.77, primarily following broader market indices lower with no specific company news driving the drop on January 23, 2026.
- The current decline follows significant recent gains, including a +5.59% jump on January 21, closing the previous day at $346.53.
- The drop occurs just ahead of the highly anticipated Q2 earnings report scheduled for January 27.
- Analyst sentiment remains positive, with Morgan Stanley recently setting a price target of $372, noting the company's focus on AI storage solutions.