Added to YB: 2026-08-07
Pitch date: 2026-08-05
MU [neutral]
Micron Technology, Inc.
+4.55%
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
$1.0T
Pitch Price
$843.11
Price Target
1.9K (+110%)
Dividend
0.07%
EV/EBITDA
14.40
P/E
20.16
EV/Sales
10.91
Sector
Semiconductors and Semiconductor Equipment
Category
value
$MU - valuation model
MU (overview): DCF fair value $1,212 vs $886 (37% upside/27% margin of safety). AI/HBM supercycle drives 70% Y1-2 rev growth, 78-82% EBITDA margins fading to 62.7% by Y6, 12% WACC. Bull $1,875, bear $639. Author passes — unwilling to underwrite peak-cycle economics in cyclical, no-moat, capital-intensive biz.
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