Seagate Technology (STX) hits new all-time highs, up 230% in the past 52 weeks, with a 100% “Buy” opinion from Barchart. Benefitting from AI-driven demand for memory and storage products, the company is valued at $76.5 billion, making it one of the largest manufacturers of hard disk drives in the U.S.

Seagate Technology recently scored a new all-time high of $370.47, with a Weighted Alpha of +325.50. The stock has a 100% “Buy” opinion from Barchart, gained 231.17% over the past 52 weeks, and has a Trend Seeker “Buy” signal intact. The stock recently traded at $358.29 with a 50-day moving average of $290.84.

Seagate has a $76.5 billion market capitalization, 41.5x trailing price-earnings ratio, and analysts expect earnings to increase by 46.7% in 2026 and another 53.4% in 2027. Barchart-tracked analysts rate Seagate a “Strong Buy” with price targets ranging between $270 and $465, and short interest is moderate at 6.19% of the float.

Seagate has been a lucrative play on artificial intelligence, gaining over 230% in the past year. With earnings due out, investors should expect volatility, as the stock has moved an average of 10.19% after earnings in the last four quarters. Shares could sell off if there are any disappointments, similar to the last quarter’s 19.1% gain after earnings.

Read more at Yahoo Finance: Seagate Stock Just Hit a New All-Time High Ahead of Earnings. Should You Chase the AI Frenzy Higher?