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Micron Technology Inc. has reached a significant milestone, with its stock hitting an all-time high of 214.78 USD. The semiconductor giant, now commanding a market capitalization of $240 billion, has achieved a remarkable revenue growth of 49% over the last twelve months. According to InvestingPro analysis, the stock is currently trading at Fair Value, with a P/E ratio of 26. This achievement marks a notable point for the company, reflecting strong investor confidence and positive market sentiment. Over the past year, Micron Technology’s stock has experienced a remarkable increase of 98.42%, showcasing robust growth and performance in the semiconductor industry. InvestingPro data reveals the company maintains excellent financial health with an overall score of 3.19/5, though their analysis suggests the stock may be in overbought territory. InvestingPro subscribers have access to 13 additional key insights about Micron’s current position and future prospects. This upward trajectory highlights the company’s successful strategies and its ability to capitalize on the growing demand for memory and storage solutions. As Micron continues to innovate and expand its market presence, investors remain optimistic about its future potential, supported by the company’s strong current ratio of 2.52 and moderate debt levels.
In other recent news, Micron Technology Inc. reported its fourth-quarter 2025 earnings, which exceeded analysts’ expectations. The company achieved an earnings per share of $3.03, surpassing the forecasted $2.77, and reported revenue of $11.32 billion, above the anticipated $11.11 billion. Additionally, Micron has started sampling its new 192GB SOCAMM2 modules for AI data centers, which offer 50% more capacity than the previous generation while enhancing power efficiency by over 20%. In corporate developments, board members Richard M. Beyer and Mary Pat McCarthy are set to retire at the annual shareholders meeting in January 2026. Meanwhile, UBS has raised its price target for Micron Technology to $245, maintaining a Buy rating due to DRAM supply shortages and robust demand. UBS also previously increased its price target to $225, citing higher demand projections for high-bandwidth memory (HBM). These developments reflect a dynamic period for Micron, marked by strong earnings performance and strategic advancements in technology and leadership.
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