◆ NeutralMU

Think You Missed Out on Micron's Run? Think Again.

The Motley Fool·
Think You Missed Out on Micron's Run? Think Again.

Micron Technology has surged nearly 350% over the past year driven by AI data center demand. Despite the impressive rally, the company has significant upside potential as memory supply is expected to remain tight through 2027-2028, with high-bandwidth memory prices projected to jump 70%-140% in 2027. Trading at just 14x trailing earnings and 5x forward earnings with 133% projected earnings growth, Micron offers attractive valuation with a 12-month price target implying 60% gains.

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