Added to YB: 2026-06-29
Pitch date: 2026-06-25
MU [neutral]
Micron Technology, Inc.
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, Japan, Mainland China, Hong Kong, Europe, and internationally.
Market Cap
$1.3T
Pitch Price
N/A
Price Target
14.7K
Dividend
0.05%
EV/EBITDA
18.35
P/E
25.55
EV/Sales
13.90
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Micron’s 86% Problem (And Why I’m Still Not Selling)
MU (holding update): Holding at $75 basis (~14-bagger, stock ~$1,050). FQ3 rev $41.5B (+346% YoY), beat guide $8B; GAAP GM 84.6%, guiding 86% FQ4 (vs 37.7% yr ago). ~8.5x fwd EPS but peak-cycle warning. Bull: SCAs—16 deals, $22B take-or-pay w/ price floors. Bear: supply wave hits 2028.
Read full article (4 min)