Micron Technology Inc. (MU)
Micron: The Bottom May Be In
I initially rated Micron Technology as “Hold” due to near-term challenges. Now I upgraded it to “Buy”, anticipating growth from Apple's iPhone 17 DRAM incorporation (September). Micron's Q2 FY2025 results showed strong sales and EPS, driven by HBM and DRAM segments, despite NAND segment pressures on gross profit margins. AI and non-AI demand, particularly from data centers and the upcoming iPhone 17, are expected to drive significant DRAM revenue growth, supporting a 51% upside potential for the stock price.
Why Micron (MU) Outpaced the Stock Market Today
Micron (MU) closed at $77.77 in the latest trading session, marking a +1.07% move from the prior day.
Wall Street Analysts Think Micron (MU) Is a Good Investment: Is It?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Here is What to Know Beyond Why Micron Technology, Inc. (MU) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Micron (MU). This makes it worthwhile to examine what the stock has in store.
Micron: I'm Finally Bullish (Rating Upgrade)
Micron Technology is in a favorable price action position, bouncing on a decade-long trend line. Shares are still holding up since the April 7 lows. My bull case is driven by limited tariff exposure, strong pricing power, and promising HBM sales after earnings data came in from SK hynix. That said, I remain concerned about recent insider selling and gross margin pressure from NAND oversupply.
Micron: Remember, Nobody Rings A Bell At The Bottom (Technical Analysis, Upgrade)
Micron Technology stock is highly cyclical, suggesting investors should only consider buying aggressively at or close to its cyclical bottoms. MU stock collapsed about 60% from its 2024 highs, as the market showed us once again that it's always forward-looking. I demonstrate why. I also explain why MU's $60 level is anticipated to be a robust support zone that should see buyers looking to defend it aggressively, bolstering buying momentum.
Why Micron Stock Is Jumping Today
Micron Technology (MU 3.89%) stock is moving higher Wednesday with some big help from bullish momentum for the broader market. The company's share price was up 4.6% as of 3:25 p.m.
Micron Stock Plunges 28% in a Month: Should You Hold or Exit?
With its strong positioning in AI and data center markets, along with an attractive valuation, holding MU stock is the prudent choice for investors right now.
Micron's Sell-Off Makes No Sense
Micron's HBM revenue surged 50% sequentially in Q2 FY25, reaching over $1B and driving 57% of CNBU sales. Estimated $5–7B in China-exposed revenue faces 25% tariffs, potentially reducing EPS by $0.44–$0.62 per share. Despite consensus FY25 EPS of $6.97, shares dropped 20%—more than double the worst-case 9% earnings hit.
Why Micron Stock Sank Today
Micron Technology (MU -2.81%) stock ended Monday's trading in the red. The company's share price fell 3% in the session and had been down as much as 4.6% earlier in the day.
Micron: A Buy Recommendation Despite Current Market Woes
A trade war threatens Micron Technology, Inc.'s revenue growth as 80% of its sales are international. Management's Q3 FY 2025 gross margin guidance was weaker than analysts' forecasts, dampening investor sentiment. Micron has a significant potential upside opportunity in high bandwidth memory, which is necessary for training sophisticated AI algorithms.
Micron: A Nice Opportunity To Capitalize On Broader Market's Weakness
Tangible book value per share demonstrated consistent growth over the last several quarters, which directly affects shareholders' value. Micron's collaboration with Nvidia and favorable industry trends, particularly in AI and data centers, bolster its long-term growth prospects. Using a DCF approach, Micron's intrinsic value is 62% higher than its current share price, presenting a compelling buying opportunity.
