$MU$ Summary Micron Technology-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Summary

Micron Technology, Inc. delivered a record-breaking quarter with Q3 FY26 revenue of $41.5B, up 346% YoY, and non-GAAP gross margin surging to 84.9%.

MU's growth is powered by AI data center demand and transformative long-term take-or-pay contracts, securing ~50% of revenue and reducing cyclicality.

Management guides for $50B revenue next quarter and $30B in free cash flow for Q4 FY26, fully funding aggressive CapEx from operational cash generation.

I estimate MU's EPS at $114 in 12 months, supporting a $1,725/share price target by July 2027 at 15x P/E, with upside potential if growth outperforms.

SanDisk Surges 6.8% to Lead Memory Rebound — Is the Supercycle Back?

SanDisk (SNDK) surged 6.77% to $172.7, leading a broad memory sector rebound. Bullish narratives are regaining traction — media urged investors to "buy Micron and SanDisk like there's no tomorrow" and named SNDK among "the most profitable cheap stocks," highlighting valuation appeal after the sharp prior selloff. The storage sector, however, just endured a supply scare triggered by Samsung, leaving volatility elevated. With dip-buyers flooding in and SNDK up nearly 7% in a single session, is this the supercycle's second launch — or another bear-market trap?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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