daz999999999
01:02

$Micron Technology(MU)$ 

$SanDisk Corp.(SNDK)$ 

On September 28, SanDisk Corp. fell 3.05% in pre-market trading, trading at $1,720.09/share, with turnover of $12.716 million. The decline was driven by broad weakness across the storage sector ahead of Micron Technology's upcoming earnings report, compounded by persistent insider selling by the company's top executive.

On the sector front, market participants adopted a wait-and-see stance ahead of Micron's financial results, dampening sentiment across storage names. Within the Technology Hardware, Storage & Peripherals sector, Western Digital fell 2.45%, Seagate Technology declined 2.11%, and Dell Technologies dropped 1.76%, reflecting widespread selling pressure.

Meanwhile, SanDisk Chairman and CEO David Goeckeler has conducted consecutive large-scale share disposals. On September 17, he sold approximately 30,269 shares and cashed out roughly $53.27 million, followed by a cumulative reduction of 31,478 shares on September 14 with planned proceeds of approximately $55.27 million. All transactions were executed under a pre-arranged Rule 10b5-1 plan. While such plans are routine, the magnitude and frequency of recent sales have weighed on near-term market sentiment. Notably, Rosenblatt Securities recently initiated coverage on SanDisk with a Buy rating and a $2,400 price target, citing NAND's evolving role as a critical AI infrastructure component.

Micron Technology (MU) Likely To Soar To Above $1,300

@daz999999999：
$Micron Technology(MU)$ Investors are eagerly awaiting Micron Technology’s fiscal fourth-quarter earnings on September 30 to see whether the memory chip company continues to enjoy solid demand and pricing tailwinds. Ahead of Q4 FY26 earnings, BMO Capital analyst, Harsh Kumar, reiterated a Buy rating on MU stock with a price target of $1,300. The analyst is bullish on Micron, as he believes that “memory remains in a supercycle as demand trends continue to exceed supply through FY27.” Kumar ranks No. 9 among more than 12,500 analysts tracked on TipRanks. He has a 74% success rate, with an average return per rating of 46.9% over a one-year period. Kumar raised his Q4 FY26 revenue estimate by $2 billion. He also increased his full-year FY27 revenue and EPS estimates to $268 billion and $168.62, respectively, from $249 billion and $151.91. Kumar doesn’t expect any new significant memory supply to arrive until the second half of 2027. Meanwhile, Kumar expects HBM and DDR5 to drive Q4 FY26 results, with BMO’s checks indicating server DDR5 pricing offering the greater upside surprise. The analyst noted that both HBM3e and HBM4 likely saw a sequential rise in pricing, while client and consumer memory saw weaker demand. For Q1 FY27, Kumar expects . He sees HBM3e and HBM4 prices rising modestly under annual pricing contracts. While server DDR5 pricing continues to offer the greater potential for upside surprises, Kumar expects demand to shift towards HBM4. Kumar highlighted that, as per his checks, HBM4 carries about a 20% to 25% price premium compared to HBM3e. As the product mix shifts toward HBM4, Kumar expects the average selling price (ASP) to move higher. Meanwhile, Wall Street expects Micron to report , up from $3.03 in the prior-year quarter. Revenue is projected to surge about 351% to $51.07 billion. Is Micron Stock a Good Buy? With 20 Buys and one Hold, Wall Street has a Strong Buy consensus rating on Micron Technology stock. The average of $1,526.75 indicates 41.2% upside potential.
Micron Technology (MU) Likely To Soar To Above $1,300

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