Barclays analyst Thomas O'Malley maintains $Micron Technology (MU.US)$ with a buy rating, and maintains the target price at $145.
According to TipRanks data, the analyst has a success rate of 52.2% and a total average return of 9.6% 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 delivered a robust quarter and outlook, particularly considering the dampened recent expectations, with EPS guidance aligning with consensus prior to the negative revisions. The company has met its sales goal in HBM for FY24, persisting in its projection to achieve several billion in sales next year and aiming to secure a mid-20s percentage in DRAM market share for HBM. However, there are concerns that the market forecast may be overly optimistic. Despite Micron's strong execution, concerns about the stock's valuation persist, suggesting there might be more favorable risk-reward opportunities in other AI and memory segments.
Micron's recent financial outcomes surpassed expectations, an achievement accentuated by prevailing macroeconomic challenges, driven by robust demand from data centers. This includes the company's advancement in AI-powered high-bandwidth memory sales. Despite anticipating a milder fiscal second quarter due to seasonal factors, projections for fiscal years 2025 and 2026 earnings per share have been notably increased.
Micron anticipates that its HBM share will align with its total DRAM market share by C2025, a key point underpinning the investment thesis for the stock, given the belief that HBM is capable of producing gross margins in the low-60% range and represents a 60% compound annual growth rate. It's still considered one of the top picks, with the valuation appearing attractive, and the market not fully accounting for the HBM opportunity.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
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.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
巴克萊銀行分析師Thomas O'Malley維持$美光科技 (MU.US)$買入評級，維持目標價145美元。
根據TipRanks數據顯示，該分析師近一年總勝率為52.2%，總平均回報率為9.6%。
此外，綜合報道，$美光科技 (MU.US)$近期主要分析師觀點如下：
Micron交出了堅實的季度報告和展望，尤其是考慮到最近的預期下調，EPS指引與負面修訂之前的共識一致。該公司在FY24年HBm銷售目標已實現，堅持着明年實現數十億銷售額的預測，併力爭在HBm中獲得中20%的DRAM市場份額。然而，人們擔心市場預測可能過於樂觀。儘管Micron的執行力強勁，但對股價估值的擔憂仍然存在，暗示在其他人工智能和存儲器領域可能存在更有利的風險回報機會。
Micron最近的財務業績超出了預期，這一成就在當前宏觀經濟挑戰的背景下更加突出，受到數據中心需求強勁推動。這包括該公司在人工智能驅動的高帶寬內存銷售方面的進展。儘管由於季節性因素預計財政第二季度增長幅度較小，但2025年和2026財政年度的每股收益預測明顯增加。
Micron預計其HBm份額將在C2025年與總DRAM市場份額保持一致，這是支撐該股投資論點的關鍵因素，認爲HBm能夠產生低60%範圍的毛利率，並代表60%的複合年增長率。它仍然被視爲首選之一，估值看起來具有吸引力，市場尚未充分考慮HBm機會。
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
