After Gaining 800% in 1 Year, Wall Street Just Upgraded Micron to "Strong Buy" -- Unanimously. Here's Why.

Micron Technology delivered exceptional Q3 results with $41.46B in revenue (350% YoY growth) and $25.11 EPS, significantly beating expectations. The company announced strategic customer agreements (SCAs) worth $100B in cumulative revenue potential over five years, providing long-term revenue visibility. Wall Street unanimously upgraded the stock to 'Strong Buy,' with analysts noting Micron is sold out through 2027. Trading at 11x forward earnings despite 20%+ sequential growth rates, the stock carries risks if AI spending cools or capacity constraints ease.