Added to YB: 2026-07-01
Pitch date: 2026-06-29
MU [bullish]
Micron Technology, Inc.
+0.84%
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
$1.3T
Pitch Price
$1.1K
Price Target
1.6K (+42%)
Dividend
0.05%
EV/EBITDA
18.35
P/E
25.55
EV/Sales
13.90
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Weekly #88: My Top 2026 Pick Is A 4x Bagger, and I'm Raising My Target - $MU
MU (holding update): Q3 2026 rev $41.46B +346% YoY, beat by $5.6B; non-GAAP EPS $25.11, GAAP GM 84.6%. Q4 guide $50B rev, 86% GM, $31 EPS. 16 fixed-price SCAs through 2030 turn commodity into recurring rev; $18.3B FCF, record $24.4B net cash. Trades <16x FY27 vs sector 30x. Raising PT to $1,630 from $1,120. Risks: cyclicality, margin sustainability, CXMT, hyperscaler capex.
Read full article (13 min)