Professional
Added to YB: 2025-10-07
Pitch date: 2025-10-06
MU [bullish]
Micron Technology, Inc.
+23.76%
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
$266.3B
Pitch Price
$194.85
Price Target
220.00 (-9%)
Dividend
0.19%
EV/EBITDA
14.78
P/E
31.25
EV/Sales
7.22
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Morgan Stanley Upgrades Micron to Overweight, Hikes PT to $220
MU: Morgan Stanley upgrade to Overweight, PT raised to $220 from $160. DRAM pricing momentum continues surprising upside, potential double-digit sequential price improvement Q4/Q1. DDR5 spot pricing already +15% since guidance, server pricing up double digits. DRAM may stay tight several quarters per industry contacts.
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