MU Stock Recent News

Micron (MU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Management envisions a market with increasing demand and decreasing supply, which signals an excellent pricing dynamic.

The semiconductor company expects the market for its products to grow nicely in 2025.

If analyst forecasts are correct, one of these two tech stocks could nearly double your money in the next year.

The semiconductor company is prepared for the upcoming increase in customer demand.

Micron Technology beat expectations and gave an optimistic outlook, making investors excited.

Micron reported strong fiscal Q4 results and offered solid Q1 guidance. The company is seeing strong demand for its HBM chips that go into AI chipsets.

Dublin, Sept. 30, 2024 (GLOBE NEWSWIRE) -- The "Development and Strategic Position of the Global Semiconductor Industry Chain" report has been added to ResearchAndMarkets.com's offering. This report offers an overview of the global semiconductor market performance, analyzes the competitive landscape of three dynamic random access memory (DRAM) suppliers - Samsung, SK Hynix, and Micron - and explores the future development of 3D NAND and major wafer foundries through 2025. With escalating geopolitical risks, ongoing conflicts, tighter monetary policies in Europe and the U.S., and variables such as uncertainties from national elections and natural disasters, global economic performance is expected to remain flat or subdued compared to 2023. Despite the broader economic challenges, the semiconductor market is seeing a nearing completion of inventory adjustments.

Micron's 4Q FY2024 earnings led to an 18% stock rebound, driven by +80% YoY revenue growth momentum and a positive FY2025 industry outlook, indicating robust DRAM demand. The company's gross and operating margins are expected to increase further in 1Q FY2025, expecting to generate 583% YoY non-GAAP EPS growth in FY2025. Management anticipates that high-margin products like HBM and eSSDs will increase the revenue mix while reducing exposure to China in FY2025.

Micron's Q4 earnings exceeded expectations, driven by strong AI demand for advanced DRAM and NAND products, despite concerns about Nvidia's Blackwell chip delays. The company's consistent AI-driven memory demand suggests a shift from cyclical volatility to stable EPS growth, enhancing Micron's long-term outlook. Micron's forward P/CF ratio indicates a transition from an investment-heavy phase to a harvesting phase, signaling strong future cash flow generation.