Micron: Are We At The Peak Of The Supercycle? Not Even Close [Seeking Alpha]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations:
investors.micron.com
Company Research
Source: Seeking Alpha
MU's Q1 '26 sales surged 56%, and gross margin expanded from 38.5% to over 56%, driven by soaring ASPs amid persistent supply bottlenecks. Forward P/E remains attractive at just over 11x, with EPS projected to reach $33 in 2026 and $41.50 in 2027, supporting a $430 fair value target. Industry-wide capacity constraints are likely to persist for at least 2–3 years, underpinning the current supercycle, but eventual downcycle and competitive risks loom. JHVEPhoto/iStock Editorial via Getty Images Introduction I wanted to take a look at Micron Technology, Inc. ( MU ), which has performed tremendously since my last article back in September, returning over 130%, and even better since my article in This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than
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MU
News
- Micron: This Party Is Just Getting Started [Seeking Alpha]Seeking Alpha
- Micron, DataDog, Capri: Top Analyst Calls [Yahoo! Finance Canada]Yahoo! Finance Canada
- Micron Technology (NASDAQ:MU) is now covered by analysts at William Blair. They set an "outperform" rating on the stock.MarketBeat
- Stifel Raises Micron Technology (MU) Price Target to $360, Keeps Buy Rating [Yahoo! Finance]Yahoo! Finance
- If You'd Invested $1,000 in Micron Stock 10 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]Yahoo! Finance
MU
Earnings
- 12/17/25 - Beat
MU
Sec Filings
- 1/22/26 - Form 144
- 1/21/26 - Form 8-K
- 1/20/26 - Form 4
- MU's page on the SEC website