Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Why Citi Thinks Micron Stock Is Headed to $150 After Earnings Beat
Economy

Why Citi Thinks Micron Stock Is Headed to $150 After Earnings Beat

Last updated: July 6, 2025 2:05 am
Share
Why Citi Thinks Micron Stock Is Headed to 0 After Earnings Beat
SHARE

Micron Technology Inc, a prominent American semiconductor company, has been making waves in the semiconductor industry. Recently, Micron reported strong fiscal third-quarter results, leading to a Citi analyst raising the stock’s price target to $150 from $130, indicating a potential upside of 23.2% from current levels. Micron’s stock has surged by 45.6% year-to-date, significantly outperforming the broader market index.

The optimism surrounding Micron stems from its robust performance in the third quarter, driven by improved pricing and higher shipments. While the majority of the growth came from NAND rather than DRAM, leading to a slight drop in the stock post-earnings call, the Citi analyst remains bullish. Citi also revised its earnings estimates, citing a rebound in DRAM pricing and Micron’s increasing exposure to artificial intelligence (AI) as key growth factors.

Micron’s core business revolves around manufacturing memory and storage products such as DRAM, NAND Flash Memory, and high-bandwidth memory (HBM). These products cater to various sectors including data centers, cloud computing, AI, machine learning, smartphones, automotive, and consumer electronics. The company’s third-quarter fiscal 2025 earnings reflect this versatility, with total revenue increasing by 36.6% year-on-year to $9.3 billion. Adjusted net income surged by 208% to $1.91 per share, while adjusted gross margin rose to 39% from 28.1% in the prior year quarter.

In terms of innovation and growth, Micron is investing heavily in expanding its manufacturing footprint in the U.S., supported by government incentives under the CHIPS Act. Despite these investments, Micron maintains a strong balance sheet with nearly $12.2 billion in cash and marketable securities and $1.95 billion in adjusted free cash flow at the end of Q3. This financial strength allows the company to invest in product innovations and navigate through market volatility.

See also  AMD Stock Target Lifted to $270 by TD Cowen After Landmark OpenAI Deal

Looking ahead to Q4, Micron management anticipates revenue of $10.7 billion, reflecting a 39% increase from the fourth quarter of fiscal 2024. Analysts project a substantial sales growth of 46.5% in fiscal 2025 to $36.8 billion, followed by a 28% year-over-year increase in fiscal 2026. Earnings are also expected to rise significantly, with a 501.9% increase in fiscal 2025 and a 54% increase in fiscal 2026. Despite these positive projections, Micron stock is trading at a modest 15x forward earnings compared to peers like Nvidia and Advanced Micro Devices.

Several other firms have also expressed optimism about Micron stock post-Q3 results. Barclays analyst Tom O’Malley raised the price target to $140 from $95, citing strong high-bandwidth memory demand. Similarly, KeyBanc raised its price target to $160 from $135, emphasizing Micron’s strong results and guidance driven by favorable pricing and product mix. DBS analyst Jim Hin Kwong Au reiterated a “Buy” rating with a price target of $149, highlighting Micron’s strong position in the AI-driven memory market.

On Wall Street, Micron stock has garnered a “Strong Buy” rating, with most analysts bullish on its prospects. The average target price for the stock is $150.72, representing a 23% upside potential, with a Street-high estimate of $200 implying a 64% increase over the next 12 months.

In conclusion, Micron Technology Inc’s stellar performance, strategic investments, and growth prospects have positioned it as a standout player in the semiconductor industry. With a strong financial foundation, innovative products, and positive analyst sentiment, Micron is poised for continued success in the evolving tech landscape.

TAGGED:beatCitiEarningsheadedMicronStockThinks
Share This Article
Twitter Email Copy Link Print
Previous Article The best popular science books of 2025 featuring Robert MacFarlane and Patrick McGee The best popular science books of 2025 featuring Robert MacFarlane and Patrick McGee
Next Article Scarlett Johansson — Good Genes or Good Docs?! Scarlett Johansson — Good Genes or Good Docs?!
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Lucy Liu to Lead Peacock Series ‘Superfakes’ From ‘Beef’ Writer, Josh & Benny Safdie, A24

Lucy Liu is poised to take the lead in the highly anticipated Peacock crime drama…

September 25, 2025

My City Got Disaster Recovery Money, Now What?  

Trump Administration Undermining Disaster Recovery Funds In December 2024, state and local governments received disaster…

March 29, 2025

WATCH: Chuck Schumer Left HUMILIATED on CNN When Reporter Confronts Him With a Good Question About the Government Shutdown | The Gateway Pundit | by Cullen Linebarger

As reported earlier, the government has officially shut down as of 12:01 AM following the…

October 1, 2025

Aural Fixation: Celebrity Audio Erotica Is 2025’s Answer to the Centerfold

The Rise of Audio Erotica: Christopher Briney Takes the Stage in "Hidden Harbor" Barely a…

September 23, 2025

Oil price jumps after US strikes Iran

Oil prices hit a five-month high following the US airstrikes on Iran's nuclear facilities, raising…

June 22, 2025

You Might Also Like

Is This The Best ETF to Invest In Ahead of Potential AI Bubble Burst?
Economy

Is This The Best ETF to Invest In Ahead of Potential AI Bubble Burst?

October 31, 2025
Alphabet hikes capex again after earnings beat on strong ad, cloud demand
Economy

Alphabet hikes capex again after earnings beat on strong ad, cloud demand

October 31, 2025
How Nigerian Brand Orange Culture Beat the Odds
Lifestyle

How Nigerian Brand Orange Culture Beat the Odds

October 31, 2025
What is a merchant bank?
Economy

What is a merchant bank?

October 30, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?