Micron Plunge Post Earnings: Is $85 a Solid Buy?

Micron Technology is down more than 16% after hours on Wednesday after the Idaho-based chipmaker reported weaker-than-expected earnings and grim outlook. ------------ Is it oversold? Would you buy the dip at $85? What's the fair price?

avatarBishiyy
2024-12-20
$Micron Technology(MU)$  This reflects anticipated weaknesses in consumer markets, including PCs and smartphones, as well as softness in the auto and industrial sectors. Despite these challenges, Micron remains optimistic about growth in AI-related markets, particularly in high-bandwidth memory (HBM) for AI data centers, which is projected to grow significantly.
avatar_GOD_
2024-12-20
$Micron Technology(MU)$   🚨 Micron Stock: A Must-Watch Right Now! 🚨 Is Micron Technology (MU) the next big opportunity in the tech sector? 💡 With the chipmaker showing some impressive momentum, investors are buzzing about its future potential. As demand for memory and storage solutions continues to surge, Micron's stock could be primed for growth — but the market's volatility might make you think twice. ⚡ 📊 Key Reasons to Watch: Tech Growth: As AI and data centers continue to expand, Micron's products are at the heart of this revolution. Will they lead the charge? Strong Earnings Reports: Recent earnings have shown positive growth, but can they maintain this momentum? Global Chip Shortages: With the chip shortage
avatarZEROHERO
2024-12-20
$Micron Technology(MU)$   $MU | Micron beat earnings estimates and revenue was in-line but Q2 outlook was weaker than expected. The stock is -14.3% after hours. 🔹 EPS: $1.79 vs. $1.76 est. ✅ 🔹 Revenue: $8.71B vs. $8.71B est. 🟠 Key takeaways: 🔸 Networking revenue: +46% YoY 🔸 Data center revenue: 50%+ of total revenue 🔸 Q2 revenue outlook: $7.7B-$8.1B ($8.9B est.) 🔸 Q2 EPS outlook: $1.33-$1.53 ($1.93 est.) Join me at https://discord.gg/AY8VBrND to ride the market with profits today! 🤑
avatarKKLEE
2024-12-20
$Micron Technology(MU)$  Micron Technology (MU) took a sharp plunge after its latest earnings report, raising questions about whether the current price of $85 offers a compelling entry point for investors. To answer this, let’s examine the underlying factors driving the stock and weigh its short-term potential against its risks. Earnings Miss and Market Reaction Micron’s disappointing forecast sent the stock tumbling as concerns about weaker-than-expected memory pricing overshadowed long-term optimism in AI-driven demand. Despite these headwinds, the semiconductor giant remains well-positioned in the DRAM and NAND markets, particularly as AI and data center adoption continue to expand. Why $85 Could Be a Buy Cyclical Recovery: Micron operates i
avatarTiger2023
2024-12-19
$Micron Technology(MU)$  is in tough position. The guidance is much lower than the market expected. Limited upside from here until situation improves. 
avatarMickey082024
2024-12-19

Micron Stock Bubble Pop After Earnings! Buy at Dip or Solid Fall?

$Micron Technology(MU)$ $SUPER MICRO COMPUTER INC(SMCI)$ $Taiwan Semiconductor Manufacturing(TSM)$ Micron recently reported its quarterly results, and at the time of making this video, the stock has dropped by 12%, trading at $91.33. At the start of the year, Micron's stock was at $85.34. This is surprising given the business's rapid growth, resulting in a market cap of just over $100 billion. Despite this, the valuation still seems low, sitting at under 12 times earnings based on analysts' projections for fiscal 2025 and 2026. Micron remains a high-growth company, though analysts anticipate a decline in sales and EPS by fiscal 2027. Looking ahead, Micron HBM4 is ex
Micron Stock Bubble Pop After Earnings! Buy at Dip or Solid Fall?
avatarAN88
2024-12-19
$Micron Technology(MU)$  yes can replicate Broadcom surge
avatarMicroStrategist
2024-12-19
avatar非一般股民
2024-12-18
nvdx
avatarxKKx
2024-12-18
$Micron Technology(MU)$   I think Micron should do well due AI demand. 
avatarjayc
2024-12-18
$Micron Technology(MU)$ is a leader in the markets for DRAM (dynamic random-access memory), which is used in desktop computers and servers, and for flash memory, which is found in smartphones and solid-state hard drives. It has also become a key supplier of HBM (high-bandwidth memory) for artificial intelligence servers. Micron stock is up 27% this year at roughly $108, compared with a 17% rise for the iShares Semiconductor exchange-traded fund.
avatarUltrahisham
2024-12-18
Can Micron Replicate Broadcom’s Post-Earnings Performance? The technology sector thrives on innovation and robust financial performance, often dictating the trajectory of companies in this space. Recently, Broadcom’s (AVGO) post-earnings rally captured market attention, driven by strong financial results and optimistic guidance. With Micron Technology (MU) set to announce its own earnings, the big question is whether Micron can replicate Broadcom’s stellar performance. Let’s explore the factors at play. Broadcom’s Earnings Success: A Benchmark for Micron? Broadcom’s success stemmed from its solid execution in high-growth markets like artificial intelligence (AI), networking, and semiconductors. Key drivers included: 1. Strong Revenue Growth: Broadcom reported a significant year-over-year r
avatar龍先生_sg
2024-12-18
$MU 20241227 105.0 CALL$ Load up, TP towards earnings??? Or will it be like AVGO....... any ideas ?
avatarZEROHERO
2024-12-18
I opened $MU 20241227 98.0 PUT$  ,Sell put on MU expecting positive earnings report after FOMC. Will take on MU earnings play right tomorrow as well. Stay tuned!
avatarSandra Nehemiah
2024-12-17
$NVIDIA(NVDA)$ $Broadcom(AVGO)$ is now at a P/E of nearly 40 with debt on balance sheet at $60 billion. NVDA has nearly $30 billion in cash on the balance sheet with a lower forward P/E. NVIDIA and $Micron Technology(MU)$ are the stocks with most upside from AI. AVGO and $Marvell Technology(MRVL)$ are great companies but their stocks are fully valued. Of course, NVIDIA's rate of growth is decelerating, compared to when its market cap was less than half a trillion$. Now it's 3.5 trillion market cap approximately, so it can't double from that every year. But NVIDIA EPS growth is still robust, along
avatarnerdbull1669
2024-12-17

Micron (MU) Earnings Could Be Driven By Increased DRAM Demand

$Micron Technology(MU)$ is expected to release earnings on 18 Dec2024 after the market closes (AMC). MU last reported earnings on 25 Sep 2024 after the market close (AMC). MU shares gained +14.7% the day following the earnings announcement to close at 109.76. Following its earnings release, 82 days ago, MU stock has drifted -1.4% lower. From the time it announced earnings, MU traded in a range between 95.53 and 114.30. The last price (108.26) is closer to the higher end of range. Micron is expected to deliver $8.71 billion in revenue and $1.76 in adjusted earnings per share (EPS) on Wednesday. But as investors we should also look out for the company forward guidance and outlook for 2025. Demand For DRAM In PC and Handset Might Set To Increase Favori
Micron (MU) Earnings Could Be Driven By Increased DRAM Demand
avatarSoyabean89
2024-12-16
avatarWinnnnnn
2024-12-16
$Micron Technology(MU)$ in before 12/18 quater earning out, hear high potential good earning
avatarShyon
2024-12-16
My pick will be $Micron Technology(MU)$ , as a leading semiconductor company specializing in memory and storage solutions, such as DRAM,NAND flash memory. Its strong position in the memory industry benefits from growing demand in cloud computing, AI, and 5G. Micron focus on innovation & its global presence help it stay competitive & tap into diverse markets. The memory market is set to grow, and Micron is well-positioned to benefit. The company’s strong financial performance, driven by high demand & advanced production, supports long-term success. As industries increasingly rely on data-driven applications, Micron’s products remain in high demand. Investing in Micron provides exposure to the expanding semiconductor sector, with strong g
@Tiger_Earnings:🎁Weekly Higher EPS Estimates: ACN, MU, CTAS, PAYX, CCL & More
avatarTiger_Earnings
2024-12-16

🎁Weekly Higher EPS Estimates: ACN, MU, CTAS, PAYX, CCL & More

😀Hi Tigers,We invite you to take a closer look at the possible winners by EPS in the Q3 earnings season.In this post, we have highlighted the top 20 stocks by market capitalization with an estimated higher EPS ahead of their earnings in the period from December 16 to December 20.1. Why EPS Matters?Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market.EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.Investors like companies with high profitability, and the market always rewards those earnings results that beat the estimates. Hope the following content helps you learn more about good companies.2. Weekly List of Stocks wi
🎁Weekly Higher EPS Estimates: ACN, MU, CTAS, PAYX, CCL & More