Micron NASDAQ: MU stock, if you can believe it, has gained momentum again as 2025 draws to a close. The December price action included a breakout to new highs, signaling a continuation of the trend in place and a high probability that the September-to-November rally is only half the movement.
Many chipmakers have rallied due to the artificial intelligence boom. Tech companies have ramped up their spending, much to the benefit of semiconductor firms that can produce the best AI chips.
Micron (MU) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Micron's guidance for the current quarter suggests that its growth is poised to accelerate. The memory specialist should benefit from the fast-growing demand for memory chips.
Micron Technology (MU) has transformed from a cyclical commodity player into a structurally defensible leader in the memory semiconductor oligopoly. MU's Q4 FY25 results showed record-high gross (46%), operating (35%), and net (31%) margins, driven by high-margin HBM and limited price competition. The company's hybrid EUV and deep ultraviolet lithography strategy, capital efficiency, and accumulated expertise create a widening moat against competitors.
Shares of chipmaker Micron Technology Inc (NASDAQ:MU) briefly hit a fresh record high for a fifth-straight session before edging down 0.5% to trade at $285.21.
MU has continued its surge to all-time highs. Strong earnings and rising memory prices are fueling upward momentum. Despite the run-up, the stock likely has more room to run in 2026.
Micron Technology NASDAQ: MU stock has surged to fresh all-time highs following a decisive fiscal year 2026 (FY2026) first-quarter earnings beat, marking a dramatic shift in market sentiment. For months, investors debated whether the semiconductor rally had run its course or if the sector was due for a correction.
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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.
Micron Technology is rated Strong Buy with a YE26 price target of $382, reflecting a structural shift from cyclical commodity to high-margin AI infrastructure supplier. MU's revenue and EBITDA are projected to nearly double by 2026, driven by surging AI demand and tight capacity, particularly in the CMBU segment. Consensus still undervalues MU, pricing it as a cyclical player despite superior growth, margins, and ROIC compared to peers, leaving room for multiple expansion.
Does Micron (MU) have what it takes to be a top stock pick for momentum investors? Let's find out.