Still a lot of noise spooking the unwashed. But based on known data, $Micron Technology(MU)$ is solid well into 2027. That trumps all the rumors, guesses, and silly posts from retail kids here.
$Micron Technology(MU)$ Dig, baby, dig. Abu Dhabi National Oil Company mentioned that the last oil cargo that passed through the Strait of Hormuz before the war is now about to reach its destination, which is actually in response to spot demand. A 40-day gap has emerged in global energy flows. This gap has made the refining industry willing to pay a premium to snap up spot. The spot price of North Sea crude oil is $126 per barrel, more than $30 higher than the June Brent futures price. Oil traders' bids are even $22 higher than the Brent spot oil price delivered in late April and early May. The spot price of May shipments in Nigeria is at a $25 premium to the benchmark price. Some Asian refineries said they no lo
$Micron Technology(MU)$ Analyst upgrades and higher price targets just keep coming. I think we'll see 600 before June earnings. The earnings report and guidance will be out of this world amazing, and then for some reason the stock will retest 450/500.
$Micron Technology(MU)$ Micron's forward PE is just 6…!!! Last quarter's earnings growth was +770%…!!! Now that's what I call a VALUE stock. And the share price is still $100 below the consensus average target. What a bargain.
It's odd that the most profitable US chip company ever is still down about $60 from its all-time high. However, I expect $Micron Technology(MU)$ to be around $530 by August this year.
Among US memory stocks, $Micron Technology(MU)$ by far has the highest percentage gain price target. Analysts will have to re-rate all of them higher. And it won’t be the first time—they’ve been slow to understand the memory shortage and its sustainability.
$Micron Technology(MU)$ Don’t get confused. Micron has run so much... That was the big wave 1 to around 470. Wave 1 from the 60s to 470... about 400 points... Then it made wave 2 down to around 313. Wave 2 was down about 23% of wave 1. Now wave 3 is starting... which could be 100%, 127%, 161%, or 261% of wave 1.
$Micron Technology(MU)$ With FY27 estimates around $100, even a modest PE puts the stock price in rarified air. FY28 will be the focus. More specifically, whether demand can withstand and continue to outpace the new fabrication capacity coming online. Will pricing hold up? Obviously, if demand remains unmet, MU will continue to chug along on expanding earnings, even if the PE never goes above 13. It's all about demand.
$Micron Technology(MU)$ Samsung has raised prices for its memory products by an average of 30% in Q2 2026, after a 100% increase in Q1. Bears, spare us the drama.
$Micron Technology(MU)$ When the deal with Iran is announced, this stock should jump 15-20% in a heartbeat. It looks like Iran and the USA will reach a deal today. Iran can’t handle a full attack from the US mighty force.
$Micron Technology(MU)$ The average price target stands at $530. Consider the forward-looking PE of 6.8. That is quite remarkable. Can you find another company growing its top and bottom line at this rate while trading at such a multiple? It is exceptionally inexpensive. The Street is engaging in tactics to stir sentiment. Conduct your own research, yet these figures are factual.
$Micron Technology(MU)$ Platform is rejecting my post on this price action. It feels rather suspicious. To me, it is clear that MMs have an agenda regardless of what people say.