MU's soaring stock still trades at a steep discount to tech peers, with AI-driven growth and solid fundamentals supporting further upside.
Micron Technology, Inc. is a Strong Buy due to its leading position in AI-driven memory solutions and substantial undervaluation despite a 118% rally. MU's revenue growth far outpaces the broader semiconductor industry, fueled by robust R&D investment and accelerating DRAM segment performance. MU stock valuation remains attractive, with forward P/E and Price/FCF ratios significantly below sector medians, despite strong fundamentals and minimal debt.
SKIL, MU and UGP made it to the Zacks Rank #1 (Strong Buy) growth stocks list on Nov. 7, 2025.
When it comes to investing, strong opinions are common, but identifying long-term opportunities often comes down to following the smart money, i.e., institutional investors.
In the latest trading session, Micron (MU) closed at $218.03, marking a -7.1% move from the previous day.
Micron (MU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Micron has pivoted from a cyclical memory company to a core supplier to hyperscalers. FY2026 guidance points to record revenue driven by multiyear AI demand and long-term HBM agreements locked through 2026. Currently trading at 13x forward earnings and 7.7x EV/EBITDA, despite 100% EPS growth expectations representing a deep valuation gap to peers.
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today Oct. 30th:
Micron Technology (MU) stock has surged 35.5% over the past 21 trading days, driven by a wave of dealmaking aimed at expanding large-scale AI data centers. This build out is expected to fuel strong demand for high-bandwidth memory used in AI chips, helping suppliers like Micron.
UHS, MU and SKIL made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 28, 2025.
URBN, MU and WDC made it to the Zacks Rank #1 (Strong Buy) growth stocks list on Oct. 24, 2025.
Micron Technology (MU) stands out as the most attractive AI play, trading at a forward P/E of 11 with robust AI-driven growth. MU's high-bandwidth memory (HBM) is sold out through 2025, powering both Nvidia and AMD chips, driving record revenue and margin expansion. Manufacturing onshoring, CHIPS Act funding, and a shift to premium products are transforming MU from a volatile commodity player to a stable, high-margin innovator.