Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Micron's (NASDAQ: MU )'s stock dropped nearly 20% following a disappointing 1Q FY2025 earnings report. Revenue for the quarter was nearly in line with consensus, but the outlook for 2Q FY2025 fell significantly below market expectations, primarily due to weaknessI'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting. I'm a senior analyst ...

Several of the short-term worries that I identified in the last article I wrote about the company in October played out in Micron's (NASDAQ: MU ) (NEOE: MU:CA ) recently reported first-quarter fiscal year ("FY") 2025 earnings report. The market'sI have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, I often ...

Nvidia has dominated the AI narrative in the stock market, captivating investors and the media after soaring 2,190% over the past five years and becoming the most valuable company in the world for a brief period (it's currently No. 2).However, Nvidia is far from the only opportunity in the AI or semiconductor space. In fact, one chipmaker just reported 400%-plus year-over-year data center revenue growth and overall revenue growth of 84% to $8.7 billion in its latest earnings report (for the quarter ending N ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Investment Rating - The report maintains a "Buy" rating for Micron Technology (MU US) with a target price of $118 00, down from the previous target of $148 00 [2][23][25] Core Views - The report highlights potential upside in 2HFY25 driven by HBM (High Bandwidth Memory) volume growth and recovery in traditional DRAM business, which could lead to revenue outperformance [8][25] - Despite near-term challenges in NAND and DRAM markets, the report expects HBM and data center revenue growth to offset some of the pressures, particularly with 12Hi HBM3E contributing to improved product mix [12][13][25] - The report notes that the current stock price already reflects the weaker-than-expected 2QFY25 revenue and gross margin guidance, particularly due to NAND weakness [8][12][22] Financial Adjustments - The report revises FY2025-2027 EPS estimates downward to $7 05, $11 27, and $10 03, respectively, reflecting a 16%, 8%, and 8% reduction from previous estimates [5][14][25] - Revenue forecasts for FY2025-2027 are also adjusted downward by 8%, 2%, and 5%, respectively, due to weaker NAND demand and pricing pressures [11][25] - Gross margin is expected to face pressure from NAND price declines, but HBM revenue growth is seen as a mitigating factor [13][19] Market and Industry Outlook - The semiconductor industry is rated as "Neutral," with expectations of relative performance within a -10% to 10% range compared to the broader market [2][4] - Micron's HBM business is expected to gain traction, with the company already shipping to a second HBM customer and preparing to ship to a third in 1Q25 [12][25] - The report anticipates a recovery in DRAM pricing and volume in 2HFY25, driven by inventory restocking in PC and mobile markets, as well as data center demand [11][12][25] Valuation and Target Price - The report uses a Sum-of-the-Parts (SOTP) valuation method, assigning a 10x P/E multiple to the DRAM business and a 5x P/E multiple to the NAND business, resulting in a total equity valuation of $128 7 billion and a target price of $118 [25][43] - The target price implies a 35% upside from the current stock price of $87 09 [16][25]

Micron Technology showed strength in the artificial intelligence market but weakness in the consumer space.In today's video, I discuss recent updates affecting Micron Technology (MU 3.48%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the pre-market prices of Dec. 19, 2024. The video was published on Dec. 19, 2024. ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU, NVDA either through stock ownership, options, or other derivatives. I wrote this article ...

Memory chip manufacturer Micron (MU 3.48%) threw investors for a loop on Thursday with a quarterly report that featured an outlook that wasn't even in the ballpark of Wall Street's expectations.In the first quarter of its fiscal 2025, Micron's performance was solid, buoyed by soaring demand for high-bandwidth memory (HBM), which is critical for AI accelerators. However, the companies that buy its PC and mobile memory chips now have too much inventory on hand and are pulling back. Micron's guidance for the f ...

The semiconductor industry is the beating heart of the artificial intelligence (AI) revolution. Most investors are focused on Nvidia (NVDA 3.08%) -- and rightly so, because it makes the best data center chips for developing AI -- but it isn't the only semiconductor company cashing in on this technology boom.Micron Technology (MU 3.48%) is a leading supplier of memory and storage chips, which have become important components of the AI hardware story. As a result, the company's data center revenue is soaring ...