Added to YB: 2026-10-07
Pitch date: 2026-10-01
MU [bullish]
Micron Technology, Inc.
-15.9%
current return
Author Info
No bio for this author
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
2.3K (+145%)
Dividend
N/A
EV/EBITDA
9.28
P/E
12.82
EV/Sales
7.58
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Micron earnings thoughts
MU (earnings): Micron’s F4Q26 beat expectations across key metrics, with record $54.2B revenue, 87.0% gross margin and $33.42 EPS; F1Q27 guidance is $61.5B revenue and $38.15 EPS. More than 75% of FY27 output is committed, and 26 agreements cover over 35% of revenue through 2030. Expectations for >$100B of FCF through FY27 support substantial capital returns and ~$54B of net capex; Overweight reaffirmed with a $2,280 December 2027 target.
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