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Micron Technology's banal rocketed to caller highs this twelvemonth pursuing beardown fiscal results.
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Data halfway request is driving up selling prices for Micron's representation products.
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Analysts expect a crisp summation successful net per stock successful the existent fiscal year.
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10 stocks we similar amended than Micron Technology ›
Micron Technology (NASDAQ: MU) is seeing beardown request for its representation and retention solutions, arsenic information centers proceed to optimize their systems for artificial quality (AI) workloads. This has caught the attraction of immoderate investors and pushed up the banal terms (although it's been a volatile ride). An capitalist who bought $1,000 worthy of banal a twelvemonth agone would presently person an concern valued astatine astir $2,512.
If you're considering buying the banal now, let's analyse what to expect from Micron's concern successful 2026 and wherever the banal is apt to commercialized successful the adjacent 12 months.
Sales to information centers are exploding, contributing to a 46% year-over-year summation successful gross successful the caller quarter. A beardown request situation besides benefits selling prices, which, successful turn, lifts its gross margin. Micron's net per stock accrued 258% implicit the year-ago quarter.
Capital spending connected AI successful the information halfway marketplace is expected to transcend $400 cardinal by 2025. This is creating a choky demand/supply marketplace for memory. While contention successful the representation marketplace tin pb to downward unit connected selling prices, absorption expects different coagulated twelvemonth successful calendar 2026, arsenic it anticipates finalizing agreements to merchantability its remaining high-bandwidth representation proviso successful the coming months.
Analysts expect net to scope $16.79 successful fiscal 2026 (which ends successful August) earlier expanding to $18.70 the pursuing year. Assuming the banal trades astatine the aforesaid guardant price-to-earnings aggregate of astir 15 this clip adjacent year, the banal would inactive commercialized astir $280, implying upside of 14% implicit the existent stock terms of $245.
I wouldn't bargain the banal expecting it to treble again, arsenic determination are galore uncertainties astir marketplace sentiment that tin interaction valuations. However, this is simply a banal worthy considering connected dips, arsenic the semipermanent outlook for maturation successful AI infrastructure provides important maturation opportunities for Micron.
Before you bargain banal successful Micron Technology, see this:
The Motley Fool Stock Advisor expert squad conscionable identified what they judge are the 10 champion stocks for investors to bargain now… and Micron Technology wasn’t 1 of them. The 10 stocks that made the chopped could nutrient monster returns successful the coming years.

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