Micron Technology Inc reported that its profits for the first quarter of 2025 exceeded Financial Estimates, but fell short of revenue expectations for the second quarter, causing a 16% drop in stock price, which then slightly recovered.
Although falling below expectations for the second quarter, Micron's strong sales momentum in AI-driven Datacenter does not suggest bearish reasons.
Micron's current stock price is low, offering an attractive long-term investment opportunity with a healthy risk/return ratio and the potential for 44% profit growth in 2025.
The current low stock price valuation compared to competitors, along with strong Datacenter demand, supports the potential for the stock price to return to the $110 range.