Added to YB: 2026-04-03
Pitch date: 2026-04-01
MU [neutral]
Micron Technology, Inc.
+172.82%
current return
Author Info
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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
$341.34
Price Target
540.00 (-42%)
Dividend
N/A
EV/EBITDA
9.28
P/E
12.82
EV/Sales
7.58
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Micron Technology: (MU): Full Valuation Case & Monte Carlo Simulation
MU (overview): Memory maker pivoted to AI infra w/ 74% gross margin (vs 35% historically) & net cash. Q2 rev $23.9B beat by $4B; Q3 guide $33-34.25B vs $23.8B est. HBM4 ramping for Nvidia Vera; demand >> supply thru 2026+. BUT: $25B capex, SK Hynix won HBM4 alloc, Google TurboQuant AI compression spooked market -28% from peak. DCF base $225 vs $338 price. Bull case $540 on multi-yr contracts; bear $225 on cycle turn. Fair value now; buy <$280
Read full article (22 min)