$Micron Technology(MU)$ Micron's forward PE is just 6…!!! Last quarter's earnings growth was +770%…!!! Now that's what I call a VALUE stock. And the share price is still $100 below the consensus average target. What a bargain.
It's odd that the most profitable US chip company ever is still down about $60 from its all-time high. However, I expect $Micron Technology(MU)$ to be around $530 by August this year.
Among US memory stocks, $Micron Technology(MU)$ by far has the highest percentage gain price target. Analysts will have to re-rate all of them higher. And it won’t be the first time—they’ve been slow to understand the memory shortage and its sustainability.
$Micron Technology(MU)$ Don’t get confused. Micron has run so much... That was the big wave 1 to around 470. Wave 1 from the 60s to 470... about 400 points... Then it made wave 2 down to around 313. Wave 2 was down about 23% of wave 1. Now wave 3 is starting... which could be 100%, 127%, 161%, or 261% of wave 1.
$Micron Technology(MU)$ With FY27 estimates around $100, even a modest PE puts the stock price in rarified air. FY28 will be the focus. More specifically, whether demand can withstand and continue to outpace the new fabrication capacity coming online. Will pricing hold up? Obviously, if demand remains unmet, MU will continue to chug along on expanding earnings, even if the PE never goes above 13. It's all about demand.
$Micron Technology(MU)$ Samsung has raised prices for its memory products by an average of 30% in Q2 2026, after a 100% increase in Q1. Bears, spare us the drama.
$Micron Technology(MU)$ When the deal with Iran is announced, this stock should jump 15-20% in a heartbeat. It looks like Iran and the USA will reach a deal today. Iran can’t handle a full attack from the US mighty force.
$Micron Technology(MU)$ The average price target stands at $530. Consider the forward-looking PE of 6.8. That is quite remarkable. Can you find another company growing its top and bottom line at this rate while trading at such a multiple? It is exceptionally inexpensive. The Street is engaging in tactics to stir sentiment. Conduct your own research, yet these figures are factual.
$Micron Technology(MU)$ Platform is rejecting my post on this price action. It feels rather suspicious. To me, it is clear that MMs have an agenda regardless of what people say.
$Micron Technology(MU)$ I see this as a decent buying opportunity. Short sellers are involved. Profits and revenues will continue to grow. That is what truly matters.
$Micron Technology(MU)$ This is the single best earnings report I have seen in my investing life, including NVDA. Just wait until P/E ratios adjust and analyst PT’s come in. The earnings are quite impressive.
The performance is quite robust. Gross margin expanded to 56.8 per cent, an 11-percentage-point sequential improvement, and the company generated record free cash flow of $3.9 billion. All business units achieved record revenue levels, including Cloud Memory at $5.3 billion, Core Data Center at $2.4 billion, Mobile and Client at $4.3 billion, and Automotive and Embedded at $1.7 billion. Robust demand across end markets, combined with margin expansion and strong cash generation, positions $Micron Technology(MU)$ to benefit disproportionately from sustained supply constraints and secular AI-driven memory demand.