Needham reiterated coverage of Micron with a rating of Buy and set a new price target of $120.00 from $140.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/19/2024 | $125.00 → $110.00 | Buy → Neutral | BofA Securities |
| 12/19/2024 | $135.00 → $125.00 | Buy | TD Cowen |
| 12/19/2024 | $140.00 → $120.00 | Buy | Needham |
| 10/28/2024 | $148.00 | Buy | China Renaissance |
| 9/26/2024 | $115.00 → $135.00 | Buy | TD Cowen |
| 9/19/2024 | $160.00 → $115.00 | Buy | TD Cowen |
| 9/18/2024 | $190.00 → $175.00 | Overweight | Wells Fargo |
| 9/16/2024 | $140.00 → $100.00 | Equal-Weight | Morgan Stanley |
4 - MICRON TECHNOLOGY INC (0000723125) (Issuer)
4 - MICRON TECHNOLOGY INC (0000723125) (Issuer)
4 - MICRON TECHNOLOGY INC (0000723125) (Issuer)
BofA Securities downgraded Micron from Buy to Neutral and set a new price target of $110.00 from $125.00 previously
TD Cowen reiterated coverage of Micron with a rating of Buy and set a new price target of $125.00 from $135.00 previously
Needham reiterated coverage of Micron with a rating of Buy and set a new price target of $120.00 from $140.00 previously
8-K - MICRON TECHNOLOGY INC (0000723125) (Filer)
8-K - MICRON TECHNOLOGY INC (0000723125) (Filer)
DEFA14A - MICRON TECHNOLOGY INC (0000723125) (Filer)
SC 13G/A - MICRON TECHNOLOGY INC (0000723125) (Subject)
SC 13G - MICRON TECHNOLOGY INC (0000723125) (Subject)
SC 13G/A - MICRON TECHNOLOGY INC (0000723125) (Subject)
Micron delivers record fiscal Q1 revenue, driven by strong AI demandData center revenue grew over 40% sequentially and over 400% year over year BOISE, Idaho, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its first quarter of fiscal 2025, which ended November 28, 2024. Fiscal Q1 2025 highlights Revenue of $8.71 billion versus $7.75 billion for the prior quarter and $4.73 billion for the same period last yearGAAP net income of $1.87 billion, or $1.67 per diluted shareNon-GAAP net income of $2.04 billion, or $1.79 per diluted shareOperating cash flow of $3.24 billion versus $3.41 billion for the prior quarter and $1.40 billion for the sam
BOISE, Idaho, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) announced today that it will hold its fiscal first quarter earnings conference call on Wednesday, Dec. 18, 2024, at 2:30 p.m. Mountain time. The call will be webcast live at http://investors.micron.com/. Webcast replays of presentations can be accessed from Micron's Investor Relations website for approximately one year after the call. About Micron Technology, Inc. We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellenc
BOISE, Idaho, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its fourth quarter and full year of fiscal 2024, which ended August 29, 2024. Fiscal Q4 2024 highlights Revenue of $7.75 billion versus $6.81 billion for the prior quarter and $4.01 billion for the same period last yearGAAP net income of $887 million, or $0.79 per diluted shareNon-GAAP net income of $1.34 billion, or $1.18 per diluted shareOperating cash flow of $3.41 billion versus $2.48 billion for the prior quarter and $249 million for the same period last year Fiscal 2024 highlights Revenue of $25.11 billion versus $15.54 billion for the prior yearGAAP net income of $778
BOISE, Idaho, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced that Robert (Bob) Switz, its current Board Chair, will retire at the annual shareholders meeting on Jan. 16, 2025. The Board has unanimously approved the appointment of Micron's President and CEO, Sanjay Mehrotra, to serve as Board Chair and Lynn Dugle as Lead Independent Director following the annual shareholders meeting. Switz joined Micron's Board of Directors in 2006 and was named Chair in 2012. With broad experience, a clear-headed approach and exceptional business acumen, Switz has been a leading voice in driving strong governance and the company's successful strategy. Throughout his
USA News Group CommentaryIssued on behalf of Avant Technologies Inc. VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- With integration of AI-powered computing steadily on the rise, analysts at Goldman Sachs Research are projecting that the global data center power behind this tech boom is poised to more than double by 2030. However, the catch is that Goldman's teach believes that the supporting data center load growth will require at least $50 billion in new power generation capacity investment to achieve this. Experts are now declaring that 'futuristic AI needs futuristic data centers' in order to achieve the dreams of developers and end-users. According to WhaTech, the growth for data centers ma
Seasoned financial leader brings deep experience delivering operational efficiency and profitable growth Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, announced today the appointment of Daniel Berenbaum as Chief Financial Officer, effective April 29, 2024. Berenbaum will succeed Greg Cameron, who will remain with the company until mid-May 2024 to ensure a smooth transition. "We're thrilled to have Dan join our leadership team," said KR Sridhar, Founder, Chairman and Chief Executive Officer. "He stood out among an exceptional group of finalists by showing a strong record of success across the board – on scaling and strategy; on financial discipline and cost r
Micron delivers record fiscal Q1 revenue, driven by strong AI demandData center revenue grew over 40% sequentially and over 400% year over year BOISE, Idaho, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its first quarter of fiscal 2025, which ended November 28, 2024. Fiscal Q1 2025 highlights Revenue of $8.71 billion versus $7.75 billion for the prior quarter and $4.73 billion for the same period last yearGAAP net income of $1.87 billion, or $1.67 per diluted shareNon-GAAP net income of $2.04 billion, or $1.79 per diluted shareOperating cash flow of $3.24 billion versus $3.41 billion for the prior quarter and $1.40 billion for the sam
BOISE, Idaho, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) announced today that it will hold its fiscal first quarter earnings conference call on Wednesday, Dec. 18, 2024, at 2:30 p.m. Mountain time. The call will be webcast live at http://investors.micron.com/. Webcast replays of presentations can be accessed from Micron's Investor Relations website for approximately one year after the call. About Micron Technology, Inc. We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellenc
BOISE, Idaho, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), today announced it has begun qualification of the 6550 ION NVMe™ SSD with customers. The Micron 6550 ION is the world's fastest 60TB data center SSD and the industry's first E3.S and PCIe Gen5 60TB SSD.1 It follows the success of the award-winning 6500 ION and is engineered to provide best-in-class performance, energy efficiency, endurance, security, and rack density for exascale data center deployments. The 6550 ION excels in high-capacity NVMe workloads such as networked AI data lakes, ingest, data preparation and checkpointing, file and object storage, public cloud storage, analytic databases, and conte