Revenue is projected to increase 190% this FYE 8/26 and 52% next fiscal year:
https://finance.yahoo.com/quote/MU/analysis/
The stock is trading at 9x EV/projected operating profit, for a Value Score of 26. Anything above a 2 is a buy candidate for me.
At the grassroots level, VCs are still investing heavily in AI. It accounted for 46% of VC investments in February.
MU is a strong buy in my model
byu/Constant-Bridge3690 ininvesting
Posted by Constant-Bridge3690
3 Comments
All the best traders I know use Yahoo Finance
/s
The question isn’t what its gonna make next year, the question is what will it be making in 3 years. I have a lot of micron and i believe there has been a structural shift due to AI (the CEO also said there has been), but a lot of people seem to think the earnings will totally tank in 2-3 years.
Please no more MU pumping, it had its pump.