Micron Technology stock surged 30% in 2025 and could potentially jump another 32%.

From Nasdaq: 2025-01-25 05:15:00

Shares of Micron Technology (NASDAQ: MU) have surged 30% in 2025, outperforming the PHLX Semiconductor Sector index. Analysts project a 32% upside potential with a $145 median price target and 83% buy recommendations.

Micron faced challenges in Q1 2025 due to weak guidance, impacted by slower smartphone and PC market recovery. Management expects a brief adjustment period, anticipating stronger shipments in the second half of the year.

Micron’s AI-driven memory demand and growth in PC shipments are expected to boost the company’s performance in 2025. The data center segment continues to shine, with revenue increasing 400% year over year in Q1.

The company’s HBM chips are gaining traction, with partnerships with Nvidia and other customers. Micron anticipates a larger share of the $30 billion HBM market in 2025, projecting overall HBM revenue of $100 billion in 2030.

Despite guidance misses, Micron posted strong financial results in Q1 2025, with revenue up 84% year over year and an adjusted profit of $1.79 per share. The stock remains attractively valued, trading at 30 times earnings and showing potential for significant growth.



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