Micron Q4: Brace Yourself For The Inflection

Micron Technology, Inc. is rated Buy, supported by robust fundamentals, multi-year strategic contracts, and a massive net cash position.

MU's fiscal 2026 features explosive revenue and margin growth, driven by AI-related memory demand and pricing power, but price momentum is moderating.

Long-term contracts now cover 20% of DRAM and ⅓ of NAND volume through 2030, with $22B in financial commitments and $24.43B net cash.

MU stock trades at a 40% discount to tech sector multiples, with potential 70-100% upside if multi-year contracts prove resilient.

Since December 17, 2025, when Micron Technology, Inc. (MU) reported its Q1 fiscal 2026 results, the stock has surged by roughly 336% up to this point. That massive rally captures the sheer scale