X 討論Micron Technology reports fiscal Q4 after the close with Street near $51B revenue and $31.50 EPS. Traders treat the print as a test of whether HBM and DRAM tightness hold into 2027, after last quarter's record day then a roughly 40% month-long slide. Netlist's new ITC complaint seeking exclusion orders on HBM3E, HBM4, and HBM4E landed one day before the call.
多頭AI memory shortage is structural infrastructure demand, not a two-year product cycle. Micron trades near 7x forward earnings while consensus models FY28 EPS near $180.
空頭The beat is already priced with Street sitting at the top of Micron's own guide after a multi-hundred-percent run. Last quarter's record print peaked the same day, then the stock fell about 40% over the next month.
貼文
多頭論據
@DrJStrategyWorld is short memory; MU at ~7x forward EPS needs a rerate if HBM/DRAM tightness runs into 2028
@AIStockSavvyJPMorgan reiterates Overweight on Micron with a $1,540 PT on tight DRAM/NAND and beat-and-raise setup
@The_AI_InvestorBaird lifts Micron PT to $1,520 on agentic AI demand, slower 2027 DRAM supply growth, and higher HBM margins
空頭論據
@UdiTradeThePoolLast record print peaked same day then MU fell ~40%; watch 2027 outlook and Netlist ITC exclusion risk, not the beat
@InvestmentGuru_Bar is high after 5x run; good quarter plus cautious guide is a classic path to a ~10% pullback
中立觀點
@camilatexMU reports after the close; guide is $50B/86% GM/$31 EPS, options price a 7-9% move, and Q1 guide is the tell