$MU, Micron is barely starting to uncoil. Here’s why.
u/Stunning-Dig-8916 ·
Reddit — r/stocks
· 2026년 2월 11일, 23:22
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Right at the end of January Micron was reaching new ATH.
The next week had it dip down to the $360 range due to a correction in tech, silver pumping like a meme coin, and some paper handed traders. This week there was even more FUD from a Korean news source claiming their HBM4 was postponed in production until next quarter. Welp, they were wrong as hell.
Today Micron participated in the Wolfe Research Auto, Auto Tech and Semiconductor Conference in New York.
\-First they dispelled the FUD issued by the Korean news as totally inaccurate.
\-They announced their HBM4 production and shipment had begun a quarter earlier than expected
\-Their LPDR ram was 60% more power efficient than DRAM
\-They announced new fabrication lab acquisitions, one specifically for DRAM & LPDR
\-Most importantly they reported their quarterly guidance from last quarter actually undershot greatly how well they performed this quarter.
\-They also noted that their supply has began to exhaust for 2027
\-Price Analyst are rising their price targets to the $450-600 range after we’ve already tapped $450 before.
We trade at a forward PE of only 12 at the moment. Seeing that there is no internal company FUD to fear, how does this sway your opinion on micron?
What are your thoughts on micron? What would your price target be?