Added to YB: 2023-12-22
Pitch date: 2023-12-22
MU [bullish]
Micron Technology, Inc.
+985.01%
current return
Author Info
A Tech Prop trader who posts a 2x daily analyst note via his newsletter. Sign up for his newsletter.
Company Info
Micron Technology, Inc. engages in the provision of semiconductor memory and storage products in the United States, Taiwan, Mainland China, other Asia Pacific countries, Japan, Europe, and internationally.
Market Cap
$1.1T
Pitch Price
$85.83
Price Target
100.00 (-89%)
Dividend
N/A
EV/EBITDA
9.28
P/E
12.82
EV/Sales
7.58
Sector
Semiconductors and Semiconductor Equipment
Category
growth
$MU date with $100 soon
$MU Q2 beat on revs & GM (11.5-14.5% vs 6.4% est); disciplined supply, improving demand across end mkts; HBM share gains ahead. Bulls see $12+ EPS, $110+ PT; bears say priced in & rising capex. $100 likely; watch $WDC.
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