Micron Technology reported a strong quarterly performance driven by high demand for AI chips, surpassing revenue and earnings per share (EPS) expectations. The company's guidance suggests continued growth momentum, with a projected fiscal year 2027 revenue midpoint of $61.5 billion and a gross margin floor of 86%. Long-term contracts and partnerships with Nvidia on high-bandwidth memory (HBM) enhance revenue predictability and support a more valuable product mix. A revised discounted cash flow (DCF) analysis values the stock at $1,369.73, indicating a potential 27.4% upside, reinforcing a buy recommendation.
Micron Technology holds a market cap of $1.21 trillion and a dividend yield of 0.06% as of Oct 05, 2026 19:13 WIB on Pluang. Despite the article's positive outlook with a DCF valuation of $1,369.73, the stock price on Pluang is currently $1,067.99, down 0.64% for the day. Trading volume stands at 27,337,514 shares, reflecting active investor interest in the technology sector.
GraniteShares 2x Long MU Daily ETF (MULL), which offers double the daily performance of Micron stock, is rated Hold due to expected short-term volatility. Micron's growth prospects remain strong, supported by expanding production capacity, high deman...
Micron Technology is set for multi-year growth driven by strategic customer agreements covering 35% of revenues through 2030 and $150 billion in remaining performance obligations. The surge in AI-related memory demand, especially from physical AI and...
Micron is poised for record revenue growth through 2028, supported by tighter supply-demand conditions and strategic customer agreements covering over 35% of revenue through 2030. The company’s collaboration with Nvidia on custom HBM4E technology and...
Micron Technology (MU) is recommended to stay invested in due to ongoing demand in the memory market, even though recent earnings beats have slowed. The company has strategic customer agreements covering 35% of its revenue, which help reduce risks fr...
Micron's stock rose 13% following a strong earnings report showing 379% year-over-year revenue growth and 1,003% adjusted EPS growth, largely driven by AI demand. However, forward guidance indicates a slowdown, with Q1 revenue growth expected at 351%...
