These 2 Basic Materials Stocks Could Beat Earnings: Why They Should Be on Your Radar
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
HudBay Minerals (HBM) Stock Falls Amid Market Uptick: What Investors Need to Know
In the closing of the recent trading day, HudBay Minerals (HBM) stood at $9.58, denoting a -0.42% change from the preceding trading day.
Micron Technology: An Outrageous AI Growth Bargain
Micron Technology is thriving in the high bandwidth memory market, leading to a profit beat and strong forecast for the next quarter. The company's HBM3e shipments are scaling up, with expectations of significant revenue contributions by 2025 and a market share increase to 25%. Micron's 4Q24 earnings showcased a 93% YoY sales increase and a 23% operating income margin, driven by soaring HBM demand.
Micron: Why Q4 Results Didn't Get Me Excited
Micron is seeing growth in the HBM market but management's market share outlook of ~20% has negatively surprised me; I expected it to be higher given Samsung's lagging position. I believe the main positive surprise in Q4 was better gross margins delivery due to cost savings in DRAM production and better HBM yields. This is expected to continue. Micron still trades at a modest 32% premium vs its memory peers. I am not sure if this is justified as I doubt overall outperformance vs its competition.
Micron: Just Getting Started - Upgrading To A Buy
Our downgrade thesis played out into earnings, and now we're upgrading Micron Technology, Inc. stock to buy. Micron is uniquely positioned to benefit from industry demand for HBM (used in AI) and should see better top-line growth and margins because of it next year. Management is also guiding for FY25 capex to be 35% of total FY25 sales and aiming for their HBM share of the market to reflect their DRAM.
Micron's AI-Driven HBM Demand and Data Center Growth to Fuel Stock Upside, Analysts Say
Micron Technology, Inc MU stock continued its upward trajectory Thursday after reporting upbeat quarterly results after the market closed on Wednesday.
Micron's HBM Chips in High Demand Amid AI Boom
Micron Technology is reaping the benefits of the AI boom, as its high bandwidth memory (HBM) chips are experiencing soaring demand.
Nvidia supplier SK Hynix says begins mass production of 12-layer HBM3E chips
The world's second-largest memory chipmaker SK Hynix said on Thursday it began mass production of a 12-layer version of the latest generation of high-bandwidth memory (HBM) chips, to meet demand from the current AI boom.
Micron Q4: HBM Growth Continues In 2025, Upgrade To Strong Buy
Upgraded Micron Technology, Inc. to “Strong Buy” with a fair value of $160 per share, driven by rapid HBM3E growth and capacity expansion plans. The HBM market is expected to grow significantly, with Micron's HBM products projected to generate multiple billions in revenue by FY25. Micron plans $8.1 billion in CAPEX for FY25, focusing on greenfield fab construction and HBM investments to meet rising demand.
Micron: The Street Was Wrong, Full Steam Ahead
Micron Technology, Inc. reported its fiscal Q4 earnings after the market closed on Wednesday. Consumer demand remains weak in NAND and DRAM markets, but enterprise and HBM show growth. While improvements in bit shipments are not uniform, the current upcycle remains intact. HBM will offset weakness until consumer demand recovers.
HudBay Minerals (HBM) Registers a Bigger Fall Than the Market: Important Facts to Note
HudBay Minerals (HBM) closed at $7.82 in the latest trading session, marking a -1.01% move from the prior day.
HBM Stock Gains on Receiving Aquifer Protection Permit for Copper World
Hudbay Minerals secures two of the three necessary state permits to begin the construction of its Copper World project in Arizona.
