Professional
Added to YB: 2025-09-26
Pitch date: 2025-09-24
MU [bullish]
Micron Technology, Inc.
+50.99%
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, Singapore, Japan, Malaysia, China, India, and internationally.
Market Cap
$270.7B
Pitch Price
$157.29
Price Target
220.00 (-9%)
Dividend
0.19%
EV/EBITDA
15.02
P/E
31.77
EV/Sales
7.33
Sector
Semiconductors and Semiconductor Equipment
Category
growth
JPMorgan Raises Micron PT to $220
MU: JPMorgan raises PT to $220. Solid Aug-Q beat on revenue/margins/earnings. HBM up 33% Q/Q to $2B/qtr, datacenter strength, consumer growth. DRAM pricing up low double-digits Q/Q. Gross margins 45.7% Aug-Q, guided 51.5% Nov-Q (first 50%+ since 2019), expanding into Feb-Q.
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