MU has been insane this year, AI driven memory demand is still booming, margins are improving, and earnings keep beating expectations. But memory is cyclical, so some pullback is possible. Curious what everyone thinks. Are we looking at more upside in 2026? Or is the stock priced for perfection already? Any strategues you're using to play MU going forward? Would love to hear how you're all thinking about this!
Micron(MU) up 217% in 2025, is the rally just getting started?
byu/Gladiator679 instocks
Posted by Gladiator679
8 Comments
Yes
I think it has room to grow. Put in $5K yesterday.
Room to grow. Especially if Costco selects Micron for its Kirkland branded memory.
Micron is probably booked solid for the next two years. I think it’s going double again by the end of next year. I would accumulate on dips. I sold a put at $225.
It’ll go up until China fills the void and Micron goes out of business
Yes… but… As a long time holder I can tell you Micron is highly cyclical. Memory is in short supply now, so they’re making a lot of money. But the market will change at some point. There will be an oversupply and Micron’s share price will drop as their profits drop. If you’re investing long term it takes fortitude to last through MU’s inevitable down cycles.
We getting that micron money son
Micron is not the stock you want to buy up 217% in a year. You know from your post that memory is cyclical so you really don’t want to be holding the bag when the cycle turns down. Right now they’re at a 56% gross profit market and they historically have peaked around 60%. Maybe they go higher this cycle but these levels the risk is much higher to the downside.
Micron does a good job of buying back shares when the stock is cheap so it’s generally a good idea to buy when they’re buying. They bought back 6% of their stock in 2015 and 5% in 2022, all other years including now have been 0 or close to 0%.
Momentum is momentum, but if gross margins start to compress one of the first things people will start to ask is why they’re holding a memory company at 7 times sales.