Micron Technology Inc

MU: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Micron Earnings: Weak Outlook Leads Us to Lower Our NAND Forecast and Trim Our Fair Value to $100

William Kerwin

Dec 19, 2024

Micron Technology's November-quarter results met management guidance, highlighted by revenue rising 12% sequentially to $8.7 billion. The firm's outlook for the February quarter implies a 9% sequential decline in revenue, with management citing weakness in PC and mobile phone demand.

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Micron Technology Inc

Micron Earnings: Weak Outlook Leads Us to Lower Our NAND Forecast and Trim Our Fair Value to $100

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