Micron Technology Expects 132% Revenue Growth in 2025, Stock Poised for Another Doubling
Written by Emily J. Thompson, Senior Investment Analyst
Source: Fool
- Significant Revenue Growth: Micron Technology reported $13.64 billion in revenue for Q1 2025, marking a 56% year-over-year increase and surpassing estimates of $12.88 billion, highlighting the company's robust growth potential in the memory market.
- Improved Profitability: The GAAP operating margin surged from 25% to 45%, with adjusted earnings per share rising from $1.79 to $4.78, exceeding expectations of $3.94, indicating successful cost management and strong market demand.
- Optimistic Future Outlook: Micron anticipates Q2 2025 revenue around $18.7 billion, a 132% increase year-over-year, with adjusted earnings per share projected to reach $8.42, reflecting confidence in the booming high-bandwidth memory market.
- Strategic Investment Plans: Micron is set to break ground on a $100 billion megafab in upstate New York, which will be the largest memory manufacturing facility in the U.S., further solidifying its leadership in the global memory market and benefiting from support under the CHIPS Act.
Analyst Views on MU
Wall Street analysts forecast MU stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MU is 228.21 USD with a low forecast of 170.00 USD and a high forecast of 325.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
29 Analyst Rating
26 Buy
3 Hold
0 Sell
Strong Buy
Current: 327.020
Low
170.00
Averages
228.21
High
325.00
Current: 327.020
Low
170.00
Averages
228.21
High
325.00
About MU
Micron Technology, Inc. provides memory and storage solutions. The Company delivers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. The Company's products enable advancing in artificial intelligence (AI) and compute-intensive applications. Its segments include Cloud Memory Business Unit (CMBU), Core Data Center Business Unit (CDBU), Mobile and Client Business Unit (MCBU) and Automotive and Embedded Business Unit (AEBU). CMBU is focused on memory solutions for large hyperscale cloud customers, and high bandwidth memory (HBM) for all data center customers. CDBU is focused on memory solutions for mid-tier cloud, enterprise, and OEM data center customers and storage solutions for all data center customers. MCBU is focused on memory and storage solutions for mobile and client segments. AEBU is focused on memory and storage solutions for the automotive, industrial, and consumer segments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
