My dears, while last year many AI shares continued to rise at horrendous P/E ratios. Micron slipped more and more into the red for me. Even at a P/E ratio of less than 10, the share was ignored by investors. But that didn't stop me from buying more from time to time. It was not only the valuation but also the multiples that convinced me to stick with it.
And here I ask myself the question " What figures are analysts and investors actually looking at?
Here too, discipline, patience and loyalty have paid off.
To be in with a large position today.
And to know that you haven't looked at the wrong figures.
The British bank Barclays and others have commented on DRAM manufacturer Micron Technology in a research report and significantly raised the price target for the company's shares.
Morgan Stanley has upgraded the rating for Micron Technology Inc. (Nasdaq: MU, ISIN: US5951121038) from "Equalweight" (equivalent to "Neutral") to "Overweight" and raised the price target for the share significantly.
The revenue of America's largest DRAM manufacturer Micron grew by 46% year-on-year to USD 11.315 billion in the fourth quarter of the 2024/2025 financial year, accelerating revenue growth.
Operating profit also improved significantly to USD 9.770 billion compared to USD 1.304 billion in the previous year. The (adjusted) free cash flow (non-GAAP) grew to USD 803 million (previous year: USD 323 million).
In April 2025, Micron Technology launched a new business segment called the "Cloud Memory Business Unit", which focuses on products for hyperscalers and HBM chips that enable the rapid execution of data-intensive AI tasks.
Micron Technology Inc. sells a key component of AI hardware - high bandwidth memories (HBMs) - to capitalize on the increasing spending on artificial intelligence (AI).
Demand is outstripping supply, enabling the company to increase prices and secure long-term guaranteed contracts. The product for 2025 is sold out, the company announced in advance.
Alongside South Korean companies SK hynix and Samsung, Micron Technology Inc. is one of the three suppliers of high-bandwidth memory (HBM) chips required for AI applications.
In a report published today, Thomas O'Malley from Barclays confirms his buy recommendation for Micron with a price target of USD 240. The company's shares closed last Friday at 202.38 US dollars.
On October 17, the Japanese bank Mizuho raised its price target for Micron Technology from USD 195 to USD 240 and confirmed its "outperform" rating.
