In the most recent trading session, Micron (MU) closed at $95.45, indicating a +0.14% shift from the previous trading day.
AI adoption is accelerating globally, with both private and public sectors investing heavily in data centers, directly benefiting Micron's growth prospects. The Company's fundamentals are strengthening, driven by aggressive R&D and AI momentum. MU remains massively undervalued, with my DCF model indicating an 86% upside potential based on robust EPS forecasts and strong FCF conversion.
Micron Technology, Inc. (NASDAQ:MU ) Annual JPMorgan Global Technology, Media and Communications Conference May 14, 2025 8:40 AM ET Company Participants Manish Batia - Executive Vice President of Global Operations Samir Patodia - Senior Director of Investor Relations Conference Call Participants Harlan Sur - JPMorgan Harlan Sur Welcome to the second day of JP Morgan's 53rd Annual Technology Media and Communications Conference. My name is Harlan Sur, I'm the semiconductor and semiconductor capital equipment analyst for the firm.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
In the closing of the recent trading day, Micron (MU) stood at $85.86, denoting a +0.83% change from the preceding trading day.
Zacks.com users have recently been watching Micron (MU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
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.
Micron (MU) closed at $77.77 in the latest trading session, marking a +1.07% move from the prior day.
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?
BOISE, Idaho, April 29, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) announced today that company executives will participate at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference in Boston, Massachusetts on Wednesday, May 14, at 6:40 a.m. Mountain Time.