Micron (MU) surged 692% over the past year on AI-driven memory demand, with Q3 revenue hitting $41 billion, up 345% year over year.
Wall Street's mean target of $1,522 sits far above the model's base case of $905, with ******* ysts anchoring off peak-cycle EPS.
Reaching $1,500 requires HBM4E to ramp on schedule and forward P/E multiple expansion from today's discounted 13x to 23x.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
Micron Technology (NASDAQ:MU) has become the memory trade of the AI era. Shares are up 190.81% year to date and 692.19% over the past year, with Q3 revenue hitting $41.46 billion, up 345.72% YoY.
#past #memory #billion
Wall Street's mean target of $1,522 sits far above the model's base case of $905, with ******* ysts anchoring off peak-cycle EPS.
Reaching $1,500 requires HBM4E to ramp on schedule and forward P/E multiple expansion from today's discounted 13x to 23x.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
Micron Technology (NASDAQ:MU) has become the memory trade of the AI era. Shares are up 190.81% year to date and 692.19% over the past year, with Q3 revenue hitting $41.46 billion, up 345.72% YoY.
#past #memory #billion
5 days ago
