{"id":398730,"date":"2026-01-10T06:18:20","date_gmt":"2026-01-10T06:18:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/398730\/"},"modified":"2026-01-10T06:18:20","modified_gmt":"2026-01-10T06:18:20","slug":"why-micron-stock-popped-again-today","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/398730\/","title":{"rendered":"Why Micron Stock Popped Again Today"},"content":{"rendered":"\n

Micron (Nasdaq: MU) stock resumed marching higher Friday, gaining 4.1% through 1:25 p.m. ET after Mizuho analyst Vijay Rakesh issued a 2026 outlook for semiconductor stocks<\/a> and raised his price target on Micron to $390 per share.<\/p>\n

\"Glowing Image source: Getty Images. <\/p>\n

Rakesh cites “attractive valuations” as propitious for semi stocks to continue gaining in 2026, although the analyst doesn’t expect gains as large as the sector enjoyed in 2025.<\/p>\n

AI accelerators, wafer fab equipment, optical, and memory are three subsets of semiconductors Mizuho is most keen to own. Mizuho is less sanguine about the prospects for electric vehicles<\/a> in particular, semiconductors for automobiles in general, or computers and handsets.<\/p>\n

Micron reported a 56% increase in sales in its most recent quarter, while earnings per share nearly tripled year over year. In the current quarter, Micron CEO Sanjay Mehrotra forecasts the company will book $18.7 billion in revenue and earn approximately $8.19.<\/p>\n

Analysts who follow the stock think this year could see Micron earn as much as $32.30 total — and then grow another 23% in 2027.<\/p>\n

Assuming they’re right, that’s a 10.5 current-year P\/E ratio on a stock growing at 23%, which seems a pretty amazing valuation on Micron stock (and not coincidentally, a good reason for Mizuho to think the stock will “outperform” this year).<\/p>\n

If there’s one caveat I’d make, it would be to point out that Micron’s trailing free cash flow is only $4.7 billion — much less than the $11.9 billion Micron reports for TTM “earnings.” Valued on FCF, the stock sells for a multiple of 78x, which is much more expensive than the P\/E.<\/p>\n

If you’re looking for a bear case on Micron stock, I’d start there.<\/p>\n

Before you buy stock in Micron Technology, consider this:<\/p>\n

The Motley Fool Stock Advisor analyst team just identified what they believe are the\u00a010 best stocks<\/a> for investors to buy now\u2026 and Micron Technology wasn\u2019t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.<\/p>\n

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you\u2019d have $488,222!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you\u2019d have $1,134,333!*<\/p>\n","protected":false},"excerpt":{"rendered":"Micron (Nasdaq: MU) stock resumed marching higher Friday, gaining 4.1% through 1:25 p.m. ET after Mizuho analyst Vijay…\n","protected":false},"author":2,"featured_media":398731,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,24583,14326,192561],"class_list":["post-398730","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-earnings-per-share","tag-micron","tag-micron-stock"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/398730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=398730"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/398730\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/398731"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=398730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=398730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=398730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}