Bernstein analyst Mark Li maintains $Micron Technology (MU.US)$ with a buy rating, and maintains the target price at $140.
According to TipRanks data, the analyst has a success rate of 61.1% and a total average return of 29.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Micron Technology (MU.US)$'s main analysts recently are as follows:
Micron reported a robust quarter and outlook, which was particularly notable considering the tempered recent expectations. Their EPS guidance aligned with the previous consensus before the negative revisions began. The company reached its sales goal for HBM in FY24 and is on track to achieve a multi-billion-dollar target the following year. Additionally, they are adhering to their anticipated DRAM market share in the mid-twenties for HBM, although there are suggestions that overall market forecasts may be too optimistic. While Micron's management is performing strongly, the stock is deemed to be on the pricier side. Analysts believe there may be more favorable risk-reward opportunities in other areas such as AI and memory.
Micron's ability to post 'beat/raise results' amidst growing macroeconomic challenges can be credited to strong data center demand and the expansion of its AI-levered high-bandwidth memory (HBM) sales. While a milder fiscal second quarter is anticipated due to seasonal effects, long-term earnings per share estimates for FY25 and FY26 have been increased reflecting a positive outlook on the company's performance.
Micron anticipates its High Bandwidth Memory (HBM) market share to align with its general DRAM market share by calendar year 2025. This expectation is central to the analyst's investment thesis, as they believe HBM has the potential to yield gross margins in the low-60% range and could exhibit a compound annual growth rate (CAGR) of 60%. The analyst maintains that the stock remains one of their preferred selections, citing an appealing valuation and the view that the opportunity presented by HBM is not yet fully reflected in the stock's price.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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聯博集團分析師Mark Li維持$美光科技 (MU.US)$買入評級，維持目標價140美元。
根據TipRanks數據顯示，該分析師近一年總勝率為61.1%，總平均回報率為29.0%。
此外，綜合報道，$美光科技 (MU.US)$近期主要分析師觀點如下：
美光公佈了強勁的季度表現和前景，考慮到近期預期疲軟，這一點尤其引人注目。他們的每股收益指引與負面修訂開始之前的共識一致。該公司在24財年實現了HbM的銷售目標，並有望在次年實現數十億美元的目標。此外，儘管有人認爲整體市場預測可能過於樂觀，但他們仍堅持其在二十年代中期對HbM的預期DRAM市場份額。儘管美光的管理層表現強勁，但該股被認爲價格更高。分析師認爲，在人工智能和記憶等其他領域可能會有更有利的風險回報機會。
美光能夠在日益加劇的宏觀經濟挑戰中發佈 「超越/提高業績」，這可以歸因於強勁的數據中心需求及其人工智能槓桿高帶寬存儲器（HBM）銷售的擴大。儘管由於季節性影響，預計第二財季將溫和，但對25財年和26財年的長期每股收益預期有所增加，這反映了公司業績前景樂觀。
美光預計，到2025日曆年，其高帶寬存儲器（HBM）的市場份額將與其一般DRAM市場份額持平。這一預期是分析師投資論點的核心，因爲他們認爲HbM有可能在-60％的低範圍內實現毛利率，並且可能表現出60％的複合年增長率（CAGR）。該分析師堅持認爲，該股仍然是他們的首選選擇之一，理由是估值具有吸引力，而且認爲HbM帶來的機會尚未完全反映在股票價格中。
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