Key Highlights:
- Micron Technology (MU, Financial) launches HBM4 36GB memory, enhancing AI memory performance.
- Wall Street forecasts a potential 8.72% upside in Micron's stock price.
- GuruFocus estimates a significant 33.25% upside based on GF Value.
Micron Technology (MU) is setting new benchmarks in memory technology with the introduction of its HBM4 36GB memory samples. This cutting-edge development is tailored for artificial intelligence applications, leveraging the company's advanced 1-beta DRAM process. Micron anticipates full-scale production by 2026, paving the way for robust integration with next-generation AI platforms.
Wall Street Analysts Forecast
Wall Street remains optimistic about Micron Technology Inc (MU, Financial), with 34 analysts setting an average one-year price target of $121.82. This forecast includes a high estimate of $172.00 and a low estimate of $60.00, translating to an anticipated upside of 8.72% from the current trading price of $112.05. For additional insights and detailed forecasts, visit the Micron Technology Inc (MU) Forecast page.
The consensus among 41 brokerage firms rates Micron Technology Inc (MU, Financial) at 1.9, reflecting an "Outperform" status. The brokerage firms utilize a rating scale from 1 to 5, where 1 represents a Strong Buy and 5 signifies a Sell.
GuruFocus Valuation Insights
According to GuruFocus estimates, the GF Value for Micron Technology Inc (MU, Financial) over the next year is projected at $149.31. This valuation suggests a compelling upside potential of 33.25% from the current market price of $112.05. The GF Value is a proprietary metric that assesses fair market value by analyzing historical trading multiples, business growth trends, and future performance forecasts. For a more comprehensive evaluation, explore the Micron Technology Inc (MU) Summary page.
