Seagate Surges 0.85% on 369th-Ranked 320M Volume as AI Infrastructure Drives Storage Demand

On August 13, 2025, Seagate Technology (STX) traded with a volume of $0.32 billion, ranking 369th in daily trading activity. The stock rose 0.85%, reflecting sustained momentum amid evolving market dynamics.

Seagate’s performance is underpinned by robust demand for high-capacity storage solutions driven by AI infrastructure expansion and cloud computing. The company’s Mozaic drives, leveraging next-generation HAMR technology, are gaining traction with major cloud providers. Three hyperscalers have already qualified these drives, with production ramping to meet surging demand. This aligns with a strategic shift toward build-to-order manufacturing, which has improved supply discipline and pricing flexibility.

Financial metrics reinforce the positive outlook. Revenue in fiscal 2025 grew 39%, with operating profit tripling. Debt reduction to $5 billion has lowered the net leverage ratio to 1.8x, enhancing balance sheet resilience. Analysts project earnings per share to rise 24.1% in 2026 and 29.4% in 2027, supported by margin expansion from HAMR adoption and cost controls.

Valuation remains compelling despite the year-to-date rally. At a forward P/E of 16.8x, the stock is undervalued relative to growth prospects. Management anticipates continued demand from cloud and enterprise markets, with nearline sales showing sequential gains. Strategic diversification of manufacturing and supply chains further mitigates risks from trade policy shifts.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to now delivered moderate returns. The total profit grew steadily over the past year, with a few fluctuations. As of the latest data, the strategy’s profit reached $2,385.14.