Micron Rallies 315% in a Year: Is the Stock Still Worth Buying?

robot
Abstract generation in progress

Micron Technology (MU) has seen a staggering 315% rally over the past year, significantly outperforming the broader tech sector, driven by strong demand for its memory chips in the AI boom. The company is well-positioned for continued growth due to its focus on AI, high-performance computing, and resilient financial performance, including a strong Q1 fiscal 2026. Despite its robust growth, Micron stock is considered attractively valued at a forward 12-month P/E multiple of 10.24, lower than its competitors, leading analysts to rate it as a Strong Buy.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)