Added to YB: 2026-06-29
Pitch date: 2026-06-25
MU [neutral]
Micron Technology, Inc.
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
$1.3T
Pitch Price
N/A
Price Target
1.6K
Dividend
0.05%
EV/EBITDA
18.35
P/E
25.55
EV/Sales
13.90
Sector
Semiconductors and Semiconductor Equipment
Category
growth
The Death of Cyclicality, $18B in Upfront Cash, and AI Humanoids: Deep Dive into Micron’s ($MU) Historic Blowout Q3 2026 Earnings
MU (holding update): FQ3'26 rev $41.46B (+346% YoY), 84.9% non-GAAP GM, 81.2% op margin, record $18.3B FCF. 16 take-or-pay SCAs lock 20% DRAM/33% NAND vol thru 2030, ~$100B rev floor, $18B upfront cash. FQ4 guide $50B rev, $31 EPS. 8.5x fwd P/E. Humanoid optionality. PT $1480-1550. Long.
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