HBM Stock Recent News

Hudbay significantly exceeded expectations in revenue, EBITDA, and cash flow, showing a stronger balance sheet and the lowest leverage in a decade. Mitsubishi's entry as a partner in Copper World brings in $600 million, reduces financial risk, and positions Hudbay for significant growth in copper. Mining operations demonstrated efficiency, below-industry costs, and maintained annual guidance, consolidating Hudbay as a stable and disciplined producer.

I'm upgrading Micron back to a buy from strong sell after management raised guidance, confirming that more favorable DRAM/HBM demand and pricing is at play. Micron is a leader within the High Bandwidth Memory (HBM) market, putting it at the core of the AI infrastructure boom, with sold-out capacity for 2025 and improving margins. I watch memory pricing closely and I'm pleasantly surprised at how resilient DRAM prices are holding up. I'm expecting to see this show up as upside surprise next quarter.

Micron Technology is upgraded to "Strong Buy" with a new price target of $146.88, reflecting robust earnings momentum and upwardly revised guidance. The company is significantly undervalued versus peers, with strong EBITDA growth, improving free cash flow, and a projected net cash position next year. Micron's DRAM and HBM segments are driving growth, supported by AI and data center demand, while NAND risks are being proactively managed.

Canadian mining company Hudbay Minerals on Wednesday said it has resumed operations in Snow Lake, Manitoba, following the decision made by the authorities to lift the mandatory evacuation order on August 22.

TORONTO, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) ( TSX, NYSE: HBM) is pleased to announce it has resumed operations in Snow Lake following the decision by the Manitoba Wildfire Service and the Town of Snow Lake to lift the mandatory evacuation order, effective August 22, 2025.

MU rides on soaring AI-driven HBM demand, with 2025 supply sold out and next-gen products fueling growth momentum.

I reiterate my strong buy rating on Micron. HBM is still the main pillar of my case, as I believe it is the single biggest growth engine. HBM supply sold out for 2025. HBM revenue up ~50% q/q and shipping includes the MI355X, which is ramping. HBM4 sampling now, with a ramp next year. Valuation supports my strong buy on MU stock, in my view: ~16.5x next year's EPS vs ~29.8x industry median. P/CF down sharply from 2024, suggesting undervaluation.

Hudbay Minerals secures $600M from Mitsubishi for a 30% stake in its Copper World project, slashing its upfront costs and boosting long-term growth plans.

Hudbay Minerals Inc. (NYSE:HBM ) Q2 2025 Earnings Conference Call August 13, 2025 11:00 AM ET Company Participants Andre Taylor Lauzon - Chief Operating Officer Candace Brule - Vice President of Investor Relations, Financial Analysis & External Communications Chi-Yen Lei - Chief Financial Officer Peter Gerald Jan Kukielski - President, CEO & Director Conference Call Participants Dalton Baretto - Canaccord Genuity Corp., Research Division Fahad Tariq - Jefferies LLC, Research Division Matthew Murphy - BMO Capital Markets Equity Research Orest Wowkodaw - Scotiabank Global Banking and Markets, Research Division Ralph M. Profiti - Stifel Nicolaus Canada Inc., Research Division Shane Nagle - National Bank Financial, Inc., Research Division Operator Good morning, ladies and gentlemen.

HudBay Minerals Inc. (TSX:HBM) shares surged after the miner announced a $600 million strategic investment from Mitsubishi for a 30% joint venture interest in the Copper World project in Arizona. Announced alongside its Q2 earnings, the deal includes an initial cash investment of $420 million, with $180 million to follow within 18 months.