Micron Stock Analysis: Micron Has A Tailwind From Growing Mobile DRAM Revenue

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • Ignore the noise/anxiety over China’s threat to file anti-trust charges against DRAM leaders like Micron. It is just China making retaliatory threats against Trump’s trade war words.
  • Better focus on the fact that mobile DRAM sales continue to surge. Growing mobile DRAM demand can offset declining prices of PC DRAM products.
  • Apple’s choice of Micron DRAM for its latest iPhones is a solid tailwind for Micron. Apple’s track record showed it can sell more than 50 million new iPhones per year.
  • Micron’s mass production of 10-nm 12GB LPDDR4X mobile DRAM should keep Apple as a customer for a long time.
  • MU has obvious notable upside potential because its valuation is way below than that of its peers in the semiconductor industry.

QCOM stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

MU Stock Predictions: Accelerating AI Drives Demand for Flash Memory

MU Stock Predictions

This article was written by Graham Ellinson, a Financial Analyst at I Know First.

Source: Shutterstock

Summary

  • Micron has taken a hit in recent months following ruling blocking sales in China
  • As the U.S. – China trade war continues Micron could be considered one of the victims
  • Remain patient with Micron as NAND flash storage is set for an upward shift as AI is accelerating
  • Prices set to remain stable with DRAM products owing to small number of competitors

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Micron Technology Stock Forecast: NAND and DRAM Prices Maintained High

   


This article was written by Kwon Sok Oh, a Financial Analyst at I Know First.    




Summary

  • Micron Achieves Record Revenue for FQ3 2018

  • Average Sales Price for NAND Maintained

  • AI Applications are Driving DRAM Growth

  • DCF Model Suggests MU is Currently Underpriced

  • I Know First’s Algorithm Forecast is Bullish for MU in the Long Run

  • premiumRead The Full Premium Article

    Subscribe to receive exclusive PREMIUM content here

    MU stock forecast: Virtuous Cycle In Data Economy Helps Micron Surge, But Cyclical Risk Remains Concerning

      The article was written by Yutian Fang, Financial Analyst at I Know First and Master of Science in Finance candidate at Brandeis International Business School

    MU stock forecast: Virtuous Cycle In Data Economy Helps Micron Surge, But Cyclical Risk Remains Concerning

     Summary:
    • Micron holds very competitive positions in both DRAM and NAND markets after series of acquisitions
    • The latest quarterly report demonstrated Micron’s strong profitability but the future growth would be impacted by the market demand and pricing dynamics
    • The company enjoys outstanding operating efficiency and financial health
    • The cyclical risk is still one of the major concerns from market and the stock price need adjustment for the confirmative ascending channel
    • Supported by I Know First Algorithm Forecast, currently my recommendation for MU is to hold in the short term

    premiumRead The Full Premium Article

    Subscribe to receive exclusive PREMIUM content here

    NANO Stock Forecast: Stock Skyrockets as It Surpasses Expectations

      This article was written by Julia Masch, a Financial Analyst at I Know First.



      “Our outlook for 2018 has strengthened since last quarter, both in terms of revenue growth and profitability. Our greater market share, higher revenue volume, and increased gross margin are enabling us to make investments in R&D and our global sales organization in support of future growth, while delivering strong profits and cash flows.” - Pierre-Yves Lesaicherre, president and CEO of Nanometrics

    Highlights:

    • Strong Q1 brings high expectations for 2018
    • What’s next for Nanometrics?
    • Current Bullish I Know First For NANO

    premiumRead The Full Premium Article

    Subscribe to receive exclusive PREMIUM content here

    Winning Stock Forecast: Micron (MU) Up 78.5% and On the Path to Success Despite Staggering Stock Prices

    Winning Stock Forecast: Micron (MU) On the Path to Success Despite Staggering Stock Prices

    [Source: Wikimedia Commons, May 15th, 2018]

    “Near-term conditions are in fact exceptional, and the exceptional cloud spending that has driven such conditions seems likely to persist. So, our ‘stronger for longer’ thesis remains intact.”

    –Morgan Stanley Analyst Joseph Moore

    Micron Technology is nearing a potentially big breakout, one that may result in shares jumping by nearly 15%, to roughly $61.50, from its current price around $53.50. Over the past 12 months, Micron Technologies stock has risen from its original price of $28.90 to $51.80, jumping a whopping

    Read More

    MU Stock Predictions: Micron Can Still Hit A New 52-week High This Year, Maybe $43

    motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

    MU Stock Predictions

    Summary:

    • Micron’s stock posted a new 52-week high price of $38.46 on September 28.
    • The big beat on Q4 ER numbers last September 26 is fueling a bull rush for Micron. I am betting MU can hit $42 before 2017 ends.
    • The short supply and high prices for DRAM and NAND will persist to 2018. Micron therefore has more upside potential. DRAM accounts for 66% of Micron. NAND is 30% of revenue.
    • An iPhone 8 Plus teardown confirmed that Apple is still using Micron mobile DRAM.
    • Micron is also a beneficiary of the high prices and tight supply of discrete GPUs caused by crypto-currency mining.

    MU Stock PredictionsRead The Full Premium Article

    Subscribe to receive exclusive PREMIUM content Here
    Pages:12»