Micron (MU) & CMBC Capital (01141) : Strong Buys On (10/02)
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Micron Technology (MU), the Boise Idaho-based company reported a 351.3% increase in revenue to $51.067 billion from $11.32 billion a year ago, according to the mean estimate from 28 analysts, based on LSEG data.The company's guidance on June 24 2026, for the period ended August 31, was for revenue between 49.00 billion and 51.00 billion.
LSEG's mean analyst estimate for Micron Technology, Inc. is for earnings of $31.28 per share. The company's EPS guidance on June 24 2026, for the period ended August 31, was between 30.00 and 32.00
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 46 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Micron Technology, Inc. is $1,525.00, about 40.9% above its last closing price of $1,082.28
The company's guidance on June 24 2026 for the period ended August 31 was for Capital Expenditures of 10 billion.The company's guidance on June 24 2026 for the period ended August 31 was for gross profit margin of 86%.
In HK Stock Exchange news, CMBC Capital $CMBC CAPITAL(01141)$ is now a Strong Buy with a volume breakout of over 20 Million plus shares expected to be bought in the next few days.
If you paste your Screenshot of any bought Shares of CMBC Capital in the comments section, one lucky winner will win a Bitcoin as in the picture below.
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Micron Technology, Inc. delivered robust FQ4 results, with $54.23B in revenue, an 87% GAAP gross margin, and $33.42 EPS, highlighting exceptional memory market strength.
MU's forward strategy leverages $50B+ annual capex for early cleanroom construction, aligning future equipment deployment with rising Strategic Customer Agreements (SCAs) covering >35% of 2030 revenue.
Over 75% of FY2027 output is already committed, with $150B in Remaining Performance Obligation and $32B in customer financial commitments, enhancing downside visibility.
I assign MU stock a Strong Buy rating, targeting $1,430–$1,500 per share (30–37% upside), anchored by $125–$135 normalized EPS and disciplined capital allocation.
Micron Technology : The Zenith Stock Of The Year
MU was in focus this week for its fiscal fourth-quarter report. The memory-chip maker posted record quarterly revenue of $54.23 billion, above the $51.13 billion consensus estimate, while adjusted EPS of $33.42 beat the $31.50 estimate. Micron also guided fiscal first-quarter revenue to $61.5 billion ± $1.5 billion and adjusted EPS to $38.15 ± $1.00, supported by strong AI-driven memory demand. The company said HBM4 shipments are already in high volume for a lead customer, while HBM4E production is expected in 2027, reinforcing investor focus on Micron’s role in AI infrastructure growth. CFO Mark Murphy outlined a specific timeline for utilizing the semiconductor manufacturer’s cash reserves as it ended its fiscal year 2026 with $73.48 billion in cash and investments.