Micron Technology is a Potential Multi-Bagger by 2030 – I am Buying (A Deep Dive)
5 months ago
Rijnberk InvestInsights
"MU target $189: Trading at 10x 2025 EPS, benefiting from strong AI-driven HBM demand (sold out 2025 capacity). Gaining DRAM market share (25%, up from low-20s), tech leadership in HBM3E/HBM4. Cyclicality risk but well-positioned for upcycle with record $9.3B Q3 revenue (+37% YoY). Low-double-digit revenue CAGR expected."
Sentiment
bullish
Conviction
Medium
Tier
Trade Call
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Episode Information
Episode:
Micron Technology is a Potential Multi-Bagger by 2030 – I am Buying (A Deep Dive)
Source:
Rijnberk InvestInsights
Published:
July 12, 2025
Idea Type:
Stock Idea