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Micron: This Is The Moment Of Truth (NASDAQ:MU)
Bohdan Kucheriavyi · 2026-06-19 · via All Articles on Seeking Alpha

Summary

  • Micron is poised for further upside, driven by robust AI memory demand and a strong Q3 outlook.
  • Micron's ramp-up in HBM4 production and diversified memory portfolio position it to exceed near-term expectations amid constrained industry supply.
  • My DCF model values Micron at $1,242.41 per share, about 20% above current levels, with potential for greater upside if the upcycle persists.
  • Risks include memory price normalization, heavy CapEx commitments, and reliance on sustained hyperscaler AI infrastructure spending.
Chipmaker Micron Technology Reports Quarterly Earnings

Justin Sullivan/Getty Images News

Micron (MU) is about to report its Q3 results next week on June 24. Previously, the company said that it expects to generate around $33.5 billion in revenue and reach a gross margin of

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Bohdan Kucheriavyi is not a financial/investment advisor, broker, or dealer. He's solely sharing personal experience and opinion; therefore, all strategies, tips, suggestions, and recommendations shared are solely for informational purposes. There are risks associated with investing in securities. Investing in stocks, bonds, options, exchange-traded funds, mutual funds, and money market funds involves the risk of loss. Loss of principal is possible. Some high-risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including greater volatility and political, economic, and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.

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