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Investor Insights

This summary was created by AI, based on 31 opinions in the last 12 months.

The consensus among experts regarding Micron Technology (MU-Q) seems to be that the company has great potential for growth, particularly in the AI and data centre sectors. However, the stock has been described as volatile and cyclical due to its reliance on the memory chip market. Despite concerns about cyclical nature and recent downgrades, experts believe in the long-term prospects of the company, especially in light of the anticipated increase in demand and revenue. Overall, there is cautious optimism about Micron Technology's future.

Consensus
Optimistic
Valuation
Fair Value
WATCH
Micron Technology

A long shot, at a much cheaper valuation from the group. Held back because memory tends to be a bit volatile on the chip side. Less risk on the trade side. More memory being built into data centres.

computer software / processing
Unspecified
Micron Technology

Its chart shows a rounded bottom. It has had a move up out of the base and then a pullback to test the hammer so it looks ok.

computer software / processing
SELL
Micron Technology

When ASML reported its disappointing memory-chip earnings, he sold this one as a result. This business is so very cyclical; once sold off, takes anywhere from 2-6 quarters to come back.

ASML also talked about how China has built out facilities for memory chips. So, another supply of memory chips that will influence cyclicality in the space.

computer software / processing
BUY
Micron Technology

They delivered a great quarter, but don't get the credit they deserve.

computer software / processing
BUY
Micron Technology

Volatile, and that's the price you pay for these growth stocks with higher reward potential. Really likes its business and where earnings come from. Tied to buildout of servers and data centres and AI-driven push. Latest earnings were really strong, with anticipated increased demand and revenue.

He'd be OK to buy, but you have to be comfortable with the volatility. It can go down more than the market on a down day. But if you stick with this one, sees upside from current levels. The bottom is in; ride up to $140-150, and then be cautious.

computer software / processing
PARTIAL BUY
Micron Technology
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

The memory market is much more cyclical than other sectors of tech. MU is expected to see massive growth in 2025 (based on EPS consensus) but recent downgrades have caused investors to question this growth. The balance sheet and cash flow remain fine, and generally we like the company. On 2024 earnings it is quite expensive, but VERY cheap IF it can actually hit the earnings estimates. 2025 EPS is estimated at $9.48, vs 2024E $1.23. We think it can be bought today if one has some patience and fortitude. 
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computer software / processing
BUY
Micron Technology

Their bread and butter are memory chips to feed all these new data centres needed for AI. MU's business is accelerating hard the past 2 quarters and not just in AI. Last July they reported a monster top and bottom line beat and raised guidance. He doesn't see their next quarter being any worse. Trades at a cheap under 7x 2025 fiscal earnings estimates. 

computer software / processing
BUY ON WEAKNESS
Micron Technology

12-month price target of $152, long runway. King of DRAM, which is cyclical and very temperamental to pricing. Hold, and add around $80-85. Shouldn't go under $75; if it does, get out.

computer software / processing
DON'T BUY
Micron Technology
MU vs. DELL

MU focuses mainly on memory chips, massive demand. Stock's sold off. Dell has actually started to build AI right into the computer, creating a bit of excitement.

Instead, he'd recommend AVGO. Or, if you really want to take some risk, QCOM.

computer software / processing
TRADE
Micron Technology

Very volatile, reflecting the semis industry. Every 2-3 years, there's a big dip which you buy, then the shares run. MU is a good company, but he prefers something like ADI. It's a good trade stock, though.

computer software / processing
PARTIAL BUY
Micron Technology

12-month target of $162.50. Buy a third here at $112, another around $108, and then $102. Both manufactures and designs. Was at $150, now at $112; could be a theme of today's show that a selloff provides great opportunities.

computer software / processing
BUY
Micron Technology
Semiconductor opportunities.

Great opportunity to pick up 4 pillars. MU on the manufacturing, TSM for the foundry, LRCX or KLAC or ASML as the equipment suppliers, NVDA is a gift down here as a designer. And (he can't believe he's going to say this) even INTC; come 2025, it will be competitive with NVDA.

computer software / processing
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Micron Technology
(A Top Pick Jul 11/24, Down 9.6%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with MU has triggered its stop at $118.  To remain disciplined we recommend covering the position at this time.  This will result in a net investment gain of 31%, when combined with our previous guidance.  

computer software / processing
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TOP PICK
Micron Technology

Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products, including the Ballistix line of memory modules, are marketed under the Crucial brand. Social media mentions are up 129% in the past 24h.

computer software / processing
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Micron Technology
Stockchase Research Editor: Michael O'Reilly

As a global leader in the manufacturing of digital memory storage technology, we again reiterate MU as a TOP PICK.  The role AI large language plays in the demand for these products continues to be strong.  It trades at 16x earnings and 3.4x book value.  Cash reserves are being used prudently to reduce debt and buy back shares.  We continue to recommend a stop at $118, looking to achieve $161 -- upside potential of 22%.  Yield 0.3%

(Analysts’ price target is $161.27)
computer software / processing
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Micron Technology(MU-Q) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 16

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 20

Stockchase rating for Micron Technology is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Micron Technology(MU-Q) Frequently Asked Questions

What is Micron Technology stock symbol?

Micron Technology is a American stock, trading under the symbol MU-Q on the NASDAQ (MU). It is usually referred to as NASDAQ:MU or MU-Q

Is Micron Technology a buy or a sell?

In the last year, 20 stock analysts published opinions about MU-Q. 16 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Micron Technology.

Is Micron Technology a good investment or a top pick?

Micron Technology was recommended as a Top Pick by on . Read the latest stock experts ratings for Micron Technology.

Why is Micron Technology stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Micron Technology worth watching?

20 stock analysts on Stockchase covered Micron Technology In the last year. It is a trending stock that is worth watching.

What is Micron Technology stock price?

On 2024-12-13, Micron Technology (MU-Q) stock closed at a price of $102.5.