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Think It's Too Late to Buy Micron? Here's the 1 Reason Why There's Still Time.
The Motley Fool·
Despite Micron Technology's 382% stock surge over the past year, the article argues there's still opportunity for gains. The company has locked in over a third of its revenue through 2030 via 26 long-term take-or-pay customer agreements, providing strong demand visibility. With high bandwidth memory sold out through 2027 at higher prices, management expects supply-demand conditions to remain tight through 2028. Trading at just 5x fiscal 2027 earnings estimates with expected EPS growth to $176-$206, the stock could reach new highs despite its volatility.
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