In the latest trading session, Micron (MU) closed at $103.18, marking a -1.13% move from the previous day.
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 Technology saw an 84% revenue increase driven by high demand for DRAM and data center sales, but faces weak PC and automotive trends. For Q2 FY25, Micron guided for lower sales due to increased DRAM and NAND inventories, highlighting market dynamics and competition pressures. Opportunities lie in data centers and mobile sales, but NAND faces challenges from automotive industry turmoil and competition, while DRAM node transitions offer growth potential.
Margin contraction, weakening consumer demand and geopolitical uncertainties all present serious headwinds for MU, making it a good time to lock in profits.
Micron's stock consolidation presents a buying opportunity due to AI potential and low valuation, with reduced short-term uncertainty from Q3 updates. Q3 updates reveal lower gross margins driven by consumer product growth, but higher total revenue and earnings can be expected. Micron's long-term potential remains strong, driven by AI infrastructure investments and HBM products.
Micron Technology (MU 7.16%) stock is posting big gains in Tuesday's trading. The memory chip and storage solutions company's share price was up 7.1% as of 2:30 p.m.
Micron Technology faces DeepSeek-led AI compute questions that could throttle its HBM growth opportunity. Nvidia's upcoming earnings scorecard must be watched closely for clues into Jensen Huang's thinking, but I don't think he's going to let us down. Micron's past cyclicality challenges continue to affect the market's confidence, but is the pessimism too much already?
In today's video, I discuss Micron Technology (MU 4.04%) and recent updates affecting the memory giant. To learn more, check out the short video, consider subscribing, and click the special offer link below.
Micron (MU 4.49%) stock is moving higher in Friday's trading. The memory chip and storage solutions company's share price was up 4.1% as of 3:45 p.m.
Micron stock has swung wildly since its latest earnings report. DRAM demand remains strong while NAND oversupply seems poised to clear. Micron has the potential for a major recovery in operating results in Q4 and the second half of calendar year 2025.
Micron Technology, Inc. (NASDAQ:MU ) Wolfe Research Auto, Auto Tech and Semiconductor Conference February 12, 2025 8:50 AM ET Company Participants Mark Murphy - Chief Financial Officer Conference Call Participants Chris Caso - Wolfe Research, LLC Operator You have joined the meeting as an attendee and will be muted throughout the meeting. Chris Caso To speak with us, Mark Murphy, the CFO; and Satya Kumar from Investor Relations.
Micron (MU -2.15%) stock is losing ground in Wednesday trading. The company's share price was down 2.5% as of 1 p.m.