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Nvidia, Micron and more semiconductors in analyst crosshairs this week
Proactiveinvestors NA· 2024-12-20 21:20
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Micron Technology Q1: Undervalued And Innovative
Seeking Alpha· 2024-12-20 21:19
Bashar is a contributing writer at Seeking Alpha, focusing on Long/Short investment ideas, with a geographic focus in North America. Before that, Bashar worked at an Investment Fund in the United Kingdom. He has a Master's degree in Finance from the Queen Mary University of London and a Bachelor's degree in Economics from Middlesex University.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within t ...
Micron Q1 Earnings: Buy This Dip
Seeking Alpha· 2024-12-20 15:20
Micron Technology (NASDAQ: MU ) stock cratered after hours despite reporting record Q1 revenue and 400% YoY growth in data center sales. The market was much more focused on the fiscal Q2 guidance that significantly lagged analystRetail investor researching mostly semiconductors and fintech. Some general macro musings. My goal is to bring you timely and digestible research on the stocks that I cover.Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, ...
Micron Stock: The Sell-Off We've Been Waiting For - Upgrading To Strong Buy
Seeking Alpha· 2024-12-20 13:00
Tired of losing money? Our Tech Contrarians team of Wall Street analysts sifts through the noise in the tech industry and captures outperformers through a coveted research process. We let the work speak for itself here .Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (othe ...
Here's what's happening with Micron stock
Finbold· 2024-12-20 11:47
Micron Technology (NASDAQ: MU) experienced a sharp 16% plunge on December 19, marking its worst trading day since March 2020. The sell-off followed the release of disappointing guidance for its fiscal second quarter, which fell significantly below Wall Street expectations, overshadowing its otherwise robust first-quarter results of fiscal 2025.Micron one-day price chart. Source: Google FinanceThe stock closed at $87.09, down nearly 45% from its all-time high in June, as concerns mounted over weaker demand f ...
Here's what's happening with Micron (MU) stock
Finbold· 2024-12-20 11:47
Micron Technology (NASDAQ: MU) experienced a sharp 16% plunge on December 19, marking its worst trading day since March 2020. The sell-off followed the release of disappointing guidance for its fiscal second quarter, which fell significantly below Wall Street expectations, overshadowing its otherwise robust first-quarter results of fiscal 2025.Micron one-day price chart. Source: Google FinanceThe stock closed at $87.09, down nearly 45% from its all-time high in June, as concerns mounted over weaker demand f ...
Why Is Micron Stock Crashing After Double Earnings Beat?
The Motley Fool· 2024-12-20 09:44
Micron stock crashed after the company reported weaker-than-expected guidance.In this video, I will go over Micron Technology's (MU -16.18%) first-quarter earnings report and explain why the stock is dropping. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Dec. 18, 2024. The video was published on Dec. 18, 2024. ...
Micron Q1 Review: Strong AI Demand Means I'm Still Bullish (Rating Upgrade)
Seeking Alpha· 2024-12-20 06:59
This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell.Analyst’s Disclosure: I/we h ...
Micron Stock Plunges After Company Cuts Outlook, Analysts Raise Concerns
Investopedia· 2024-12-19 18:36
Key TakeawaysMicron Technology shares tanked Thursday after the chipmaker warned about near-term demand issues.Bank of America analysts lowered their rating on Micron's stock and cut their price target, while Citi lowered its estimates for Micron's fiscal 2025 and 2026 earnings and revenue.The shares recently traded around their lowest levels since September. Micron Technology (MU) shares sank Thursday after the chipmaker warned about softness in consumer-oriented markets and some analysts lowered their ou ...
Micron Q1: Riddled With A Challenging Outlook (Rating Downgrade)
Seeking Alpha· 2024-12-19 18:30
Providing alpha-generating investment ideas. I am an independent investor managing my family's portfolio, primarily via a Self Managed Super Fund. You can expect my articles to deliver a clearly structured, evidence-based thesis. But first and foremost, I encourage readers to judge me on my performance.I have a generalist approach as I explore, analyze and invest in any sector so long there is perceived alpha potential vs the S&P500. The typical holding period ranges between a few quarters to multiple years ...