Micron: Double Digit Growth In FY2025 (Rating Upgrade) [Seeking Alpha]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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investors.micron.com
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7.28K Follower s Follow Play 18min Summary Micron's strong revenue growth in FY2024, driven by DRAM and NAND ASP improvements, leads to a revised gross margin forecast of 33.3%. Elevated inventory levels support volume growth, with management planning to use existing inventory for FY2025, ensuring continued shipment growth. Market pricing recovery for DRAM and NAND is expected to continue through 2024, with a slight decline in 2025, aligning with long-term forecasts. JHVEPhoto In our previous analysis of Micron Technology, Inc. ( NASDAQ: MU ), we highlighted the company's strong revenue growth outlook for FY2024 driven by strong demand for HBM memory and improved market conditions. The company's profitability exceeded expectations due to This article was written by Khaveen Investments 7.28K Follower s Follow Khaveen Investments is a Macroquantamental Hedge Fund managing a portfolio of globally diversified investments. With a vested interest in hundreds of
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News
- NVIDIA & 2 Other AI Stocks to Gain From Lower Interest Rates [Yahoo! Finance]Yahoo! Finance
- Micron Technology, Inc. (NASDAQ: MU) had its price target lowered by analysts at Stifel Nicolaus from $165.00 to $135.00. They now have a "buy" rating on the stock.MarketBeat
- Micron Technology, Inc. (NASDAQ: MU) had its price target lowered by analysts at TD Cowen from $160.00 to $115.00. They now have a "buy" rating on the stock.MarketBeat
- If You Bought 1 Share of Micron Technology at Its IPO, Here's How Many Shares You Would Own Now [Yahoo! Finance]Yahoo! Finance
- Micron Technology, Inc. (NASDAQ: MU) had its price target lowered by analysts at Wells Fargo & Company from $190.00 to $175.00. They now have an "overweight" rating on the stock.MarketBeat
MU
Earnings
- 6/26/24 - Beat
MU
Sec Filings
- 8/12/24 - Form 4
- 8/7/24 - Form 8-K
- 7/23/24 - Form 4
- MU's page on the SEC website