Micron Technology(MU)

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Micron's Poor Performance Is Not Surprising (Rating Downgrade)
Seeking Alpha· 2024-12-19 17:59
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Micron Technology, Inc. (NASDAQ: MU ) surged with its 4Q 2024 results just a few months ago, despite us discussing in an article at the time how the earni ...
Micron stock headed for worst day since 2020 after disappointing guidance
CNBC· 2024-12-19 17:21
Micron CEO Sanjay Mehrotra speaks before US President Joe Biden delivers remarks on "how the CHIPS and Science Act and his Investing in America agenda are growing the economy and creating jobs," at the Milton J. Rubenstein Museum in Syracuse, New York, on April 25, 2024.Micron shares plummeted 16% on Thursday — heading for their worst day since March 2020 and the start of the Covid pandemic — after the chipmaker issued disappointing second-quarter guidance in its earnings report.The stock fell to $86.78 in ...
Micron Technology Q1 Earnings Beat, Stock Dips 16% on Dim Guidance
ZACKS· 2024-12-19 17:00
Micron Technology (MU) reported first-quarter fiscal 2025 earnings of $1.79 per share, beating the Zacks Consensus Estimate by 2.3%. The company had incurred a loss of 95 cents per share in the year-ago period.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Micron’s revenues increased 84.3% year over year to $8.71 billion and matched the Zacks Consensus Estimate.Despite reporting strong fiscal first-quarter performance, shares of the memory chip maker plunged more than 16% during Wedn ...
Why Micron Stock Crashed 16% Today
The Motley Fool· 2024-12-19 16:37
Is today's sell-off a good opportunity to buy Micron stock?Computer memory maker Micron (MU -15.54%) stock tumbled 16.5% through 9:45 a.m. ET Wednesday despite the company reporting earnings that equaled or exceeded the targets Wall Street had set for it in fiscal Q1 2025.Expected to report $1.77 per share in profit on $8.7 billion in sales, Micron actually reported $1.79 per share in profit and sales of $8.71 billion -- beating on both top and bottom lines, if only just barely. Micron Q1 earningsNot all Mi ...
Micron's poor sales guidance leads to BofA rating downgrade
Proactiveinvestors NA· 2024-12-19 16:04
About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...
Micron (MU) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-12-19 15:30
For the quarter ended November 2024, Micron (MU) reported revenue of $8.71 billion, up 84.3% over the same period last year. EPS came in at $1.79, compared to -$0.95 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $8.71 billion, representing a surprise of -0.01%. The company delivered an EPS surprise of +2.29%, with the consensus EPS estimate being $1.75.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...
Micron Stock Under $100: Seize the AI-Driven Upside
MarketBeat· 2024-12-19 14:53
Investors interested in Micron Technology NASDAQ: MU should cheer the fact that its stock tanked following the FQ1 2025 earnings report. The move is a knee-jerk reaction to mixed results and guidance that point to near-term weakness and long-term strength, driven by its shift to AI. Micron Technology TodayMUMicron Technology$88.52 -15.38 (-14.80%) 52-Week Range$78.63▼$157.54Dividend Yield0.52%P/E Ratio130.18Price Target$139.89Add to WatchlistThe legacy business remains a problem for Micron. The global sem ...
Micron set for Thursday shocker after dour sales outlook
Proactiveinvestors NA· 2024-12-19 12:57
About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...
Bad Guidance Makes Micron Slump
Seeking Alpha· 2024-12-19 11:01
The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7-10% range. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The portfolio's price can fluctuate, but the income stream remains consistent. Start your free two-week trial today!Micron Technology, Inc. (NASDAQ: MU ) reported its most recent quarterly earnings results on Wednesday afternoon. While the numbers for the past quarter were far from bad, M ...
Watch These Micron Price Levels as Stock Plummets on Weak Outlook
Investopedia· 2024-12-19 04:15
Key TakeawaysMicron shares traded sharply lower in extended trading on Wednesday after the memory chip maker and Nvidia partner issued a weaker-than-expected current-quarter outlook. The stock looks set to stage a decisive breakdown below a trading range on Thursday, increasing the potential for further earnings-driven selling. Investors should monitor key price levels on Micron's chart around $85, $78, and $72, while also watching an important overhead area near $97. Micron Technology (MU) shares traded sh ...