Added to YB: 2026-07-01
Pitch date: 2026-06-29
MU [bullish]
Micron Technology, Inc.
-18.65%
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
$1.1K
Price Target
1.6K (+75%)
Dividend
N/A
EV/EBITDA
9.28
P/E
12.82
EV/Sales
7.58
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Weekly #88: My Top 2026 Pick Is A 4x Bagger, and I'm Raising My Target - $MU
MU (holding update): Q3 2026 rev $41.46B +346% YoY, beat by $5.6B; non-GAAP EPS $25.11, GAAP GM 84.6%. Q4 guide $50B rev, 86% GM, $31 EPS. 16 fixed-price SCAs through 2030 turn commodity into recurring rev; $18.3B FCF, record $24.4B net cash. Trades <16x FY27 vs sector 30x. Raising PT to $1,630 from $1,120. Risks: cyclicality, margin sustainability, CXMT, hyperscaler capex.
Read full article (13 min)