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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联博集团分析师Mark Li维持$美光科技 (MU.US)$买入评级，维持目标价140美元。
根据TipRanks数据显示，该分析师近一年总胜率为61.1%，总平均回报率为29.0%。
此外，综合报道，$美光科技 (MU.US)$近期主要分析师观点如下：
美光公布了强劲的季度表现和前景，考虑到近期预期疲软，这一点尤其引人注目。他们的每股收益指引与负面修订开始之前的共识一致。该公司在24财年实现了HbM的销售目标，并有望在次年实现数十亿美元的目标。此外，尽管有人认为整体市场预测可能过于乐观，但他们仍坚持其在二十年代中期对HbM的预期DRAM市场份额。尽管美光的管理层表现强劲，但该股被认为价格更高。分析师认为，在人工智能和记忆等其他领域可能会有更有利的风险回报机会。
美光能够在日益加剧的宏观经济挑战中发布 “超越/提高业绩”，这可以归因于强劲的数据中心需求及其人工智能杠杆高带宽存储器（HBM）销售的扩大。尽管由于季节性影响，预计第二财季将温和，但对25财年和26财年的长期每股收益预期有所增加，这反映了公司业绩前景乐观。
美光预计，到2025日历年，其高带宽存储器（HBM）的市场份额将与其一般DRAM市场份额持平。这一预期是分析师投资论点的核心，因为他们认为HbM有可能在-60％的低范围内实现毛利率，并且可能表现出60％的复合年增长率（CAGR）。该分析师坚持认为，该股仍然是他们的首选选择之一，理由是估值具有吸引力，而且认为HbM带来的机会尚未完全反映在股票价格中。
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