Micron Technology, Inc.'s MU DRAM business is emerging as one of the biggest beneficiaries of the AI infrastructure boom. The company's DRAM revenues reached a record $39.8 billion in the fourth quarter of fiscal 2026, accounting for 73% of the total revenues.
The final Micron (NASDAQ: MU) dividend of 2026 is coming later this month, when the technology company is once again going to reward its shareholders with some passive income.
A union at Micron's largest DRAM production site just voted overwhelmingly to authorize a strike, and the result of one upcoming mediation session could determine whether that threat turns into something far more costly.
Micron Technology remains a Strong Buy as robust AI-driven demand underpins exceptional revenue, earnings, and margin growth, with customer commitments extending into 2031. MU's Q4 revenue surged 379% YoY to $54.2B, gross margin reached 87%, and data center SSD sales now comprise over two-thirds of NAND revenue. Management guides for sequential revenue and EPS growth through FY27, with supply agreements covering 35%+ of revenue into 2030 and CapEx focused on long-term capacity.
Micron Technology is fundamentally transforming its business with 26 Strategic Customer Agreements covering $150B in obligations and $32B in commitments. MU delivered record FY2026 results: $133.19B revenue, $75.52 EPS, and $68.3B net cash, yet trades at only 5.94x forward earnings. Consensus underestimates durability; take-or-pay contracts, delayed supply ramps, and buybacks support EPS growth into 2029, not a cyclical decline.
Micron stock looks cheap. Samsung's profits and shareholder returns show the path ahead for memory chip companies.
Micron (MU) possesses solid growth attributes, which could help it handily outperform the market.
Skydance (SKYD), post-Paramount merger, is prioritizing technology and AI as core capabilities to drive content creation and consumer engagement. DA Davidson projects Micron (MU) shares could triple, citing anticipated memory demand exceeding supply in 2027–2028.
Memory chip makers that sell their output years in advance are pulling away from a softer technology market, and the gap is widest in shares of SanDisk (NASDAQ:SNDK | SNDK Price Prediction) and Micron Technology (NASDAQ:MU).
Micron Technology shares MU climbed on Wednesday despite broader pressure on equities from higher oil prices and rising Treasury yields, after DA Davidson analyst Gil Luria raised his price target on the memory-chip maker to $3,000 from $2,100. The new target implies roughly 190% upside from the stock's trading level on Wednesday, suggesting Luria expects Micron shares to nearly triple as the company benefits from a sustained boom in artificial intelligence infrastructure.
A $5,000 stake in Micron Technology (NASDAQ:MU | MU Price Prediction) buys about 4.65 shares at the model's starting price of $1,074.89. Early Monday the stock traded at $1,066.18.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?