SKIL, MU and SANM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on Nov. 24, 2025.
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Micron Technology, Inc. is transforming into a growth powerhouse, driven by surging AI and data center demand for high-performance memory products. MU's record earnings, A+ growth metrics, and strategic pivot to high-value memory position it as a top play on the AI and data-center boom. Despite near-term negative free cash flow from aggressive CapEx, I view this as a strategic investment to secure future market leadership.
Micron Technology, Inc. ( MU ) Global Technology, Internet, Media & Telecommunications Conference 2025 November 19, 2025 8:15 AM EST Company Participants Mark Murphy - Executive VP & CFO Scott DeBoer - Executive VP and Chief Technology & Products Officer Conference Call Participants Srinivas Pajjuri - RBC Capital Markets, Research Division Presentation Operator From Micron Technologies, Executive Vice President and Chief Technology and Products Officer, Scott DeBoer; Executive Vice President and Chief Financial Officer, Mark Murphy; and your moderator from RBC Capital Markets Research Analyst, Srini Pajjuri. Srinivas Pajjuri RBC Capital Markets, Research Division Good morning, everyone.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Micron (MU) is positioned to benefit from a DRAM supply crunch driven by surging AI demand, supporting a continued boom phase into FY26. MU's stock has more than doubled in the past year, and a significant supply shortage is expected to persist until new capacity ramps up in FY27. Despite stretched valuations, MU remains a strong momentum play, with a buy rating justified by robust revenue and margin growth forecasts through FY26.
The latest trading day saw Micron (MU) settling at $241.95, representing a -1.98% change from its previous close.
Morgan Stanley analysts are getting worried about potential profit pressure at Dell and HP due to surging memory prices.
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 Technology stands at a pivotal point near $250, with strong AI-driven growth and a geopolitical moat supporting a bullish outlook. MU's recent revenue and margin outperformance, combined with robust AI demand, suggests higher highs and structurally improved cycles compared to pre-AI eras. A DCF analysis points to a fair value of ~$375, implying 50% upside, though risks from cyclicality, policy, and competition remain significant.
While concerns that the AI demand outlook is overblown and players like OpenAI will struggle to meet their commitments regarding GPUs are valid, these are bricks in a Wall of Worry built on a robust demand spike and the foundations of a multi-year memory chip supercycle.