Added to YB: 2026-10-06
Pitch date: 2026-09-30
MU [bullish]
Micron Technology, Inc.
-11.65%
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
2.2K (+134%)
Dividend
N/A
EV/EBITDA
9.28
P/E
12.82
EV/Sales
7.58
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Micron earnings preview
MU (added to position): Micron remains a buy ahead of earnings, with revenue, gross margin and EPS expected above $51.4B, 86.2% and $31.73 consensus as DRAM and NAND pricing and HBM4 mix remain favorable. November-quarter guidance should also exceed consensus, while expanding Supply Commitment Agreements could improve earnings durability. The price target rises to $2,180; upcoming disclosures should clarify SCA coverage and buyback timing after December 9, 2026.
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