$Micron Technology(MU)$ Consen

Consensus EPS estimates fall by 99%

The consensus outlook for earnings per share (EPS) in 2023 has deteriorated.

◈2023 revenue forecast decreased from US$19.3b to US$18.8b.

◈Losses expected to increase from US$0.24 per share to US$0.49.

◈Semiconductor industry in the US expected to see average net income decline 5.0% next year.

◈Consensus price target broadly unchanged at US$66.95.

◈Share price rose 5.2% to US$58.87 over the past week.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

XantheJuliana
2022-11-19
XantheJuliana
Micron has been pretty aggressive with their memory bit growth forecasts for the medium to long term
YeddaJohnson
2022-11-19
YeddaJohnson
technically..if it can't hold the 10 MA, it headed to 55-56.
YvetteGunther
2022-11-19
YvetteGunther
MU can't seem to catch a break. I thought the AMAT report would have given us a boost
Snakewood
2022-11-19
Snakewood
😱🤦‍♂️🤦‍♂️🤔🤷‍♂️🙏🙏🤞🤞
財運到財源滾滾到
2023-03-16
財運到財源滾滾到
👏🙏
micphy
2022-11-19
micphy
ok

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":9961051118,"tweetId":"9961051118","gmtCreate":1668808106235,"gmtModify":1676538115205,"author":{"id":3558171187416471,"authorId":3558171187416471,"authorIdStr":"3558171187416471","name":"Mexicools","avatar":"https://community-static.tradeup.com/news/7156dcba8e42ec3a499bfad941a1a1ab","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"29815c1501c442c58b708482689df577-1","templateUuid":"29815c1501c442c58b708482689df577","name":"Emerging Contributor","description":"Contributors who received Editor's Pick for the 1st time","bigImgUrl":"https://static.tigerbbs.com/4ce9180a952c61a51c39f70d533b81a7","smallImgUrl":"https://static.tigerbbs.com/f98cf16cf4b858114f7ab9a779f9e6f1","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.07.25","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":148,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$&nbsp;</a> Consensus EPS estimates fall by 99% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. ◈2023 revenue forecast decreased from US$19.3b to US$18.8b. ◈Losses expected to increase from US$0.24 per share to US$0.49. ◈Semiconductor industry in the US expected to see average net income decline 5.0% next year. ◈Consensus price target broadly unchanged at US$66.95. ◈Share price rose 5.2% to US$58.87 over the past week.</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$&nbsp;</a> Consensus EPS estimates fall by 99% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. ◈2023 revenue forecast decreased from US$19.3b to US$18.8b. ◈Losses expected to increase from US$0.24 per share to US$0.49. ◈Semiconductor industry in the US expected to see average net income decline 5.0% next year. ◈Consensus price target broadly unchanged at US$66.95. ◈Share price rose 5.2% to US$58.87 over the past week.</body></html>","text":"$Micron Technology(MU)$ Consensus EPS estimates fall by 99% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. ◈2023 revenue forecast decreased from US$19.3b to US$18.8b. ◈Losses expected to increase from US$0.24 per share to US$0.49. ◈Semiconductor industry in the US expected to see average net income decline 5.0% next year. ◈Consensus price target broadly unchanged at US$66.95. ◈Share price rose 5.2% to US$58.87 over the past week.","highlighted":1,"essential":1,"paper":1,"likeSize":26,"commentSize":18,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9961051118","repostId":0,"isVote":1,"tweetType":1,"viewCount":613,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["MU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":394,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":104869172,"gmtCreate":1668824858337,"gmtModify":1668824871511,"authorId":9000000000000343,"author":{"id":9000000000000343,"authorId":9000000000000343,"name":"XantheJuliana","avatar":"https://static.tigerbbs.com/f28da48e3ea5979e903256fc9086c1d4","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9961051118,"type":1,"supId":0,"prevId":0,"content":"Micron has been pretty aggressive with their memory bit growth forecasts for the medium to long term","text":"Micron has been pretty aggressive with their memory bit growth forecasts for the medium to long term","html":"Micron has been pretty aggressive with their memory bit growth forecasts for the medium to long term","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":104869177,"gmtCreate":1668824923737,"gmtModify":1668824936557,"authorId":9000000000000341,"author":{"id":9000000000000341,"authorId":9000000000000341,"name":"YeddaJohnson","avatar":"https://static.tigerbbs.com/050c9c4099e73e2cfe6319aaad577e08","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9961051118,"type":1,"supId":0,"prevId":0,"content":"technically..if it can't hold the 10 MA, it headed to 55-56.","text":"technically..if it can't hold the 10 MA, it headed to 55-56.","html":"technically..if it can't hold the 10 MA, it headed to 55-56.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":104869175,"gmtCreate":1668824900862,"gmtModify":1668824913567,"authorId":9000000000000339,"author":{"id":9000000000000339,"authorId":9000000000000339,"name":"YvetteGunther","avatar":"https://static.tigerbbs.com/86d51ea816d39c46f0980454dd4e59d5","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9961051118,"type":1,"supId":0,"prevId":0,"content":"MU can't seem to catch a break. I thought the AMAT report would have given us a boost","text":"MU can't seem to catch a break. I thought the AMAT report would have given us a boost","html":"MU can't seem to catch a break. I thought the AMAT report would have given us a boost","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":104876498,"gmtCreate":1668872297712,"gmtModify":1668872310909,"authorId":3586224735052437,"author":{"id":3586224735052437,"authorId":3586224735052437,"name":"Snakewood","avatar":"https://static.tigerbbs.com/bc93ca606276924f9b006b7e016cae4d","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9961051118,"type":1,"supId":0,"prevId":0,"content":"😱🤦‍♂️🤦‍♂️🤔🤷‍♂️🙏🙏🤞🤞","text":"😱🤦‍♂️🤦‍♂️🤔🤷‍♂️🙏🙏🤞🤞","html":"😱🤦‍♂️🤦‍♂️🤔🤷‍♂️🙏🙏🤞🤞","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106048090,"gmtCreate":1678896162203,"gmtModify":1678896165667,"authorId":4108039255054090,"author":{"id":4108039255054090,"authorId":4108039255054090,"name":"財運到財源滾滾到","avatar":"https://static.itradeup.com/news/22286dc448ea1cc1761221871c92530e","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9961051118,"type":1,"supId":0,"prevId":0,"content":"👏🙏","text":"👏🙏","html":"👏🙏","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":104872465,"gmtCreate":1668835204444,"gmtModify":1668835216944,"authorId":4103693722898320,"author":{"id":4103693722898320,"authorId":4103693722898320,"name":"micphy","avatar":"https://community-static.tradeup.com/news/269526f14eda3291b381d92f949997de","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.09.22","exceedPercentage":"60.02%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9961051118,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9961051118"}