Micron Technology is a leading global provider of advanced semiconductor solutions, specializing in memory and storage products
The company designs and manufactures dynamic random-access memory (DRAM) and NAND flash memory, which are essential components used in various electronic devices, including smartphones, computers, data centers, and automotive applications. By delivering innovative and high-performance memory solutions, Micron plays a crucial role in supporting the growing demand for data storage and processing capabilities in an increasingly digital world. Additionally, they engage in research and development to advance technology and improve product efficiency, making significant contributions to the evolution of the semiconductor industry.
Market indexes spent all trading day in the green for this Hump Day session, and felt encouraged enough by the Fed’s latest monetary policy overview — and later Fed Chair Jerome Powell’s press conference — to take levels higher.
Earlier this week, Citi said that it expects the company to post "decent results but guide below consensus, driven by worse consumer mix and NAND underutilization charges.”
NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Micron Technology, Inc. (NASDAQ:MU) on behalf of long-term stockholders following a class action complaint that was filed against Micron on January 9, 2025 with a Class Period from September 28, 2023 to December 18, 2024. Our investigation concerns whether the board of directors of Micron have breached their fiduciary duties to the company.
According to JPMorgan, Micron Technology is expected to report in-line Q2 earnings with soft guidance. Analyst maintains Overweight rating and $145 target.
Citi anticipates "decent results" but warns that guidance may fall short of consensus estimates, while Baird took a more optimistic stance, stating it is “incrementally positive” on Micron’s outlook.
The brokerage said it is “incrementally positive” on the outlook for Micron this year after a recent field trip to Asia. It underscored that Micron’s current valuation levels offer attractive entry point opportunities for investors.
Stocks continued to be under pressure on concerns over tariffs and growing inflation concerns, but history shows that corrections can set up opportunities
