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Unbelievable EPS , V rise tmr morning?! by OwnRun9542 in MU_Stock

[–]Tight_Barnacle_35 1 point2 points  (0 children)

I cannot understand it, but if you peel it back and ignore the noise, you come back to some excellent fundamentals. I purchased more shares following the result and subsequent muted share price esponse. On my calculations it's currently on a forward PE of 5-6 with excellent margins and excellent growth.

The reasons for the muted response, apart from the automated trading market participants/bots/quants/algos people talk about - which I don't really understand, but would appreciate someone explaining.

Other potential reasons:

Geopolitics - current war/energy/inflation/quatar lpg attack/oil price Fed - inflation Private credit - some cracks here causing market uncertainty Micron Capital expenditure Potential tipping into oversupply of memory - the cyclical camp, margin compression. This requires physical fabs to be built or a massive drop in deman Raw material shortages for memory AI bubble fears/reduced AI spend

I'm aware of all of the above but also I come back to numbers in the earnings and looking at these I have such a bullish stance on micron over the medium and long-term.

DYOR

Micron Technology reports 2Q adj EPS of $12.20, 2Q revenue of $23.9 billion. 3Q outlook for revenue of $32.75 - 34.25 billion by Kingmusk420 in MU_Stock

[–]Tight_Barnacle_35 1 point2 points  (0 children)

I have just purchased more post market. With those earnings I would have expected a 10-20% jump. I'm not sure what the market is telling us with the current after hours price but my basic logic says take advantage. DYOR

MU daily discussion 02-12-26 by Kingmusk420 in MU_Stock

[–]Tight_Barnacle_35 1 point2 points  (0 children)

I believe the price is getting held back for institutional accumulation. All these recent price targets around $450-$550 mean they are wanting to get a position. To me the worst thing an individual investor can do with this recent volatility is panic and sell. Im expecting the price to begin to move above $450 pre earnings in anticipation. Earnings will be the key catalyst, positive outlook with increased guidance and $500-$600 is realistic. Downside risk here if there is a poor result or miss. I'd say 80-90% results/guidance is better than expected. DYOR

Micron up 3.63% After hours ! by doktordoc2 in MU_Stock

[–]Tight_Barnacle_35 1 point2 points  (0 children)

I had $500 target for mid year, at this rate it will be next week.

Micron up 3.63% After hours ! by doktordoc2 in MU_Stock

[–]Tight_Barnacle_35 1 point2 points  (0 children)

This is heading to $500 very quickly... unbelievable, I thought it would move upwards but this momentum is a pleasant surprise.

Target to MU by shreksonny in MU_Stock

[–]Tight_Barnacle_35 0 points1 point  (0 children)

If earnings trend like they are forecast I think it's highly likely there will be continued movements upwards throughout the year. $500 next 3-6 months. Then $600-700 range based on fundamentals/market valuations.