Professional
Added to YB: 2025-04-22
Pitch date: 2025-04-21
MU [bullish]
Micron Technology, Inc.
+257.59%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Singapore, Japan, Malaysia, China, India, and internationally.
Market Cap
$266.3B
Pitch Price
$67.43
Price Target
257.30 (+7%)
Dividend
0.19%
EV/EBITDA
14.78
P/E
31.25
EV/Sales
7.22
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Idea Brunch #2 with Ted Rosenthal of TMR Capital (AI Edition) - Long Micron Technology, Inc.
MU: AI demand driving strong HBM tailwinds - capacity sold out for 2 years, 30% better power consumption. HBM restricts DRAM supply (3:1 wafer ratio), boosting pricing across all segments. Now in consolidated oligopoly vs historical cyclicality. $15.8 EPS est for 2026 (38% EBIT margin). 7.3x P/E, 12x 2026 EPS = 274% upside (66% IRR).
Read full article (3 min)