Is Micron Technology, Inc. (MU) A Good Stock To Buy Now?
Key takeaways
- Ricardo Pillai Mon, June 8, 2026 at 10:24 PM GMT+7 3 min read MU Is MU a good stock to buy?
- Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States and internationally.
- Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Is Micron Technology, Inc. (MU) A Good Stock To Buy Now? Ricardo Pillai Mon, June 8, 2026 at 10:24 PM GMT+7 3 min read MU Is MU a good stock to buy? We came across a bullish thesis on Micron Technology, Inc. on Beyond the Noise’s Substack by Cristobal Botanch. In this article, we will summarize the bulls’ thesis on MU. Micron Technology, Inc. s share was trading at $864.01 as of June 5th. MU’s trailing and forward P/E were 40.77 and 8.78 respectively according to Yahoo Finance.
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States and internationally. MU is emerging as a re-rated AI memory leader as consensus underestimates its transformation into the key supplier of DRAM, NAND, and HBM, the bottleneck for AI compute capacity. In Q2 FY2026, it delivered $23.86B revenue (+196% YoY), 74.9% gross margin, $12.20 EPS, and $6.9B FCF, guiding Q3 to $33.5B revenue, ~81% margin, and ~$19.15 EPS. Balance sheet shifted to $6.5B net cash with $20.2B liquidity.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich