Added to YB: 2026-04-03
Pitch date: 2026-04-01
MU [neutral]
Micron Technology, Inc.
+7.29%
current return
Author Info
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Company Info
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally.
Market Cap
$414.8B
Pitch Price
$341.34
Price Target
540.00 (+47%)
Dividend
0.16%
EV/EBITDA
11.06
P/E
17.30
EV/Sales
7.04
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Micron Technology: (MU): Full Valuation Case & Monte Carlo Simulation
MU (overview): Memory maker pivoted to AI infra w/ 74% gross margin (vs 35% historically) & net cash. Q2 rev $23.9B beat by $4B; Q3 guide $33-34.25B vs $23.8B est. HBM4 ramping for Nvidia Vera; demand >> supply thru 2026+. BUT: $25B capex, SK Hynix won HBM4 alloc, Google TurboQuant AI compression spooked market -28% from peak. DCF base $225 vs $338 price. Bull case $540 on multi-yr contracts; bear $225 on cycle turn. Fair value now; buy <$280
Read full article (22 min)