Added to YB: 2026-07-01
Pitch date: 2026-06-28
MU [bullish]
Micron Technology, Inc.
+2.27%
current return
Author Info
No bio for this author
Company Info
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally.
Market Cap
$1.3T
Pitch Price
$1.1K
Price Target
1.5K (+31%)
Dividend
0.05%
EV/EBITDA
18.35
P/E
25.55
EV/Sales
13.90
Sector
Semiconductors and Semiconductor Equipment
Category
growth
The AI Memory Trade Is Far From Over. Here’s Why Micron(MU) Still Looks Cheap
MU (added to position): Memory supercycle far from over. Q reported $41.46B rev (4x YoY), adj EPS $25.11, record GMs; guides ~$50B next Q. $22B contracted supply, HBM sold out into 2027. Trades 7.4-8x fwd P/E; avg PT $1,350-1,400 (some $1,500+), 20%+ upside. Risks: AI capex slowdown, Hynix/Samsung competition, Taiwan geopolitics. Buy $1,050-1,100.
Read full article (6 min)