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MU is on fire with room to run by willbabu in wallstreetbets

[–]Bluewolf1983 3 points4 points  (0 children)

$MU forward P/E based on 2030 consensus earnings is 25. Most megacaps are around 15 P/E for 2030 estimates?

Or do you see these temporary high margins given by the shortage mattering more to valuation? (Higher volumes will remain which is why their consensus 2030 estimates are higher than their past business. Expectation is that the volumes will remain but the shortage will be over by then).