Professional
Added to YB: 2025-12-22
Pitch date: 2025-12-18
MU [bullish]
Micron Technology, Inc.
+5.63%
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
$253.1B
Pitch Price
$251.75
Price Target
500.00 (+101%)
Dividend
0.20%
EV/EBITDA
11.32
P/E
21.40
EV/Sales
5.99
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Rosenblatt Raises Micron Price Target to $500
MU: Rosenblatt raises PT to $500. Nov Q results/Feb Q guidance beat consensus. New DRAM/NAND pricing + cost declines driving record 68% non-GAAP GM in Feb Q. Demand expected >supply into CY27. Est $36 FY27E EPS at 14x multiple. Bullish on memory/storage importance in AI era.
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