To The Moon

KeyBanc increased the price target for $Micron Technology(MU)$  from $325 to $450 and maintained an Overweight rating.

$SanDisk Corp.(SNDK)$  is at 450 and $Micron Technology(MU)$  is at 340 when $Micron Technology(MU)$  reports higher earnings. Undervalued by 35%, worth about 550!

The upside estimate for EPS is 8.62. Assuming 20% quarterly growth, EPS figures are 8.62, 11.41, and 13.69. Applying the current P/E ratio yields implied share prices of 586.9, 890.9, and 1232.0. Stock prices are driven by earnings. A similar approach was applied to $NVIDIA(NVDA)$ , and $Micron Technology(MU)$  is anticipated to follow suit. This contributes to the wealth gap.

$Micron Technology(MU)$ When the $350 Berlin Wall is breached - and it will surely be breached - the rally is on!!

$Micron Technology(MU)$ 's customers are not like $NVIDIA(NVDA)$  or $Broadcom(AVGO)$ , and the P/E is different too.

$Micron Technology(MU)$  need to get back above 333.33 so it can bounce back up .

$Micron Technology(MU)$  Volume's low. Not sweating it. $NVIDIA(NVDA)$  chips facing hurdles could hit us indirectly, but all else is fine.

Cash flow figures are excellent, $Micron Technology(MU)$  can boost div. by more than pennies.

I'm curious about the level of threat HBF poses to $Micron Technology(MU)$  and HBM. From my analysis, it can handle tasks that don't require HBM's speed but cannot replace it. However, will this start to erode as the technology advances?

$Micron Technology(MU)$  Lynx strategies lifted price target to a 'street high' of 550.