Added to YB: 2026-10-06
Pitch date: 2026-10-01
MU [neutral]
Micron Technology, Inc.
-17.45%
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
N/A
Dividend
N/A
EV/EBITDA
9.28
P/E
12.82
EV/Sales
7.58
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
MU earnings and a reminder about new price increase from tomorrow
MU (earnings): Micron enters earnings with Q4 Street expectations of $51.3B revenue and $31.72 EPS versus company guidance of $50B and $31, while next-quarter consensus revenue is $57.4B. RBC sees DRAM contract pricing rising more than 20% quarter over quarter in CQ3 and 2027 HBM pricing increasing 80-100%, though estimates remain wide: BofA frames FY2027 EPS at $150-$200 if gross margins reach the mid-80s.
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