STX is trading at $363.56 (+5.04%) amid anticipation for tomorrow's Q4 earnings release.

  • Analyst sentiment is strong, with recent upgrades from Morgan Stanley setting a $372 price target and Rosenblatt setting $370.
  • The stock's momentum is fueled by expectations of strong 32TB HDD demand, particularly for AI applications.
  • The stock previously hit an all-time high of $351 and is moving with general semis strength, supported by the NASDAQ's 0.50% gain.