Micron Technology received a BUY rating with a $1,360 price target, suggesting 27% potential upside. The company reported a significant revenue surge of 256% year-over-year in FY2026, with DRAM revenues exceeding $100 billion and free cash flow reaching $62.3 billion. Over 75% of its 2027 output is secured through 26 Strategic Customer Agreements, providing strong earnings visibility and durability. The key future consideration is how the supply wave in 2029 will impact valuation and pricing power.
Micron Technology trades at USD 1,045.33 on Pluang as of Oct 07, 2026 10:41 WIB, down 1.75% in the past day. Despite the recent dip, the stock holds a substantial market cap of $1.20 trillion and a 52-week high near $1,210. The article highlights strong revenue growth and strategic agreements supporting future earnings, while Pluang data shows active trading with 56% of orders to sell and 44% to buy, indicating mixed investor sentiment.
SK Hynix shares fell 4% ahead of its Q3 2026 earnings report due to concerns over currency effects and higher worker bonuses, despite strong demand for memory chips driven by AI and tight supply conditions. Micron Technology's recent results showed s...
Micron Technology reported a record-breaking quarter with strong revenues, margins, and a solid balance sheet, leading to raised guidance. Strategic customer contracts secure over 35% of revenue through 2030, enhancing visibility and pricing power in...
Micron has achieved record revenue, primarily fueled by rising DRAM prices and strong demand from AI and data center sectors. This revenue growth is mainly due to pricing rather than increased sales volume, supported by strategic agreements with key ...
Micron's Q4 earnings revealed a sharp slowdown in DRAM and NAND revenue growth, with DRAM average selling price growth dropping from 62% to 19%. The company expects gross margins to decline due to more moderate price increases and higher capital expe...
Netlist and Micron Technology have resolved all ongoing legal disputes through a settlement and patent license agreement. Micron will pay Netlist $30 million quarterly from Q4 2026 to Q3 2031, totaling $600 million for a 5-year license to Netlist's p...
