Micron Technology (MU), a leading semiconductor company, highlights as a major player in the world of semiconductors. Recently, Micron has reported the results of the third steel fiscal quarter.
Consequently, CITI analyst raised the share price per share to $ 150 from $ 130, which reflects the upholstery capabilities of 23.2 % of the current levels. Micron Stock rises by 45.6 % on an annual basis, greatly outperforming the broader market index.
Let’s know what Citi analyst made it very optimistic about the arrow and if it is buying now.
Citi, Christopher Danley, follows the results and guidelines of Micron, which were largely paid by improving prices and higher shipments. While the majority of the upward trend came from Nand instead of DRAM, which can explain the decrease in stocks in the wake of the profit call, Danely is still optimistic. CITI also raised its profits, noting a recovery in the pricing of the drama and the increasing Micron of artificial intelligence (AI) as a major growth engine.
The basic company Micron is manufacturing memory and storage products such as DRAM, Nand Flash memory and high -frequency domain memory (HBM). It enables the digital world by providing memory and storage technology that serves data centers and cloud computing, artificial intelligence, machine learning, smartphones, mobile devices, cars, and consumer electronics. This interest is reflected in the company’s 2025 financial profits. The total revenue increased by 36.6 % on an annual basis, reaching $ 9.3 billion. The average net income increased significantly by 208 % to $ 1.91 per share. The average total margin increased to 39 % of 28.1 % in the previous quarter of the year. This increase was driven by a strong request from the artificial intelligence centers, pricing the higher drama than expected, and improving the NAND market dynamics.
Micron makes large investment in long -term innovation. It has announced billions of dollars to expand manufacturing in the United States, which is supported by government incentives under the Chips Law. Despite the large investments, the company’s public budget remains strong, with about 12.2 billion dollars in cash, marketing papers and $ 1.95 billion in the amended free cash flow at the end of the third quarter. It gives the company flexibility to invest in product innovations and weather fluctuations.
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