A Poor Performance By Micron May Signal An Incoming Rebound

Dec 24, 2024 · Micron's rare drop following its poor earnings shifts the odds for a rebound, making a bull call spread a smart high-upside trade. ... Options Corner: A Poor Performance By Micron May Signal An ...

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Options Corner: A Poor Performance By Micron May Signal An …

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Dec 24, 2024 · Micron’s management has estimated that revenue for the current quarter may only be about $7.9 billion, which is significantly lower than the analysts’ prediction of $9 billion. …

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Micron (MU) Down 18.7% Since Last Earnings Report: Can It …

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Jul 26, 2024 · Micron’s long-term debt as of May 30, 2024, was $12.9 billion compared with $13.7 billion at the end of the second quarter. The company generated an operating cash flow of …

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Up 50% And Then Down 25% This Year: What Explains These Wild …

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Aug 29, 2024 · However, Micron’s guidance for Q4, which projects earnings of between $1 and $1.16 per share on an adjusted basis, was only in line with consensus and this appears to …

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Micron Tumbles 16%: Weak Outlook And Analyst Downgrades …

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After the tech giant released a poor revenue forecast, and analysts lowering their outlook, Micron Technology shares fell 16% Thursday, the lowest level since September. Late Wednesday …

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Why Micron's Stock May Rebound 10% - Investopedia

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Jul 11, 2018 · Micron Technology Inc.'s stock may be ready to rebound by roughly 10% in the coming weeks, based on how traders are betting in the options market.The chipmaker's stock …

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Micron Declines After Forecast Fails To Meet Lofty Expectations

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In the third quarter, which ended May 30, Micron’s revenue rose 82% to $6.81 billion. The Boise, Idaho-based company reported a profit of 62 cents a share, excluding certain items. That …

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FAQs about A Poor Performance By Micron May Signal An Incoming Rebound Coupon?

Why did micron drop?

(Bloomberg) -- Micron Technology Inc., the largest US maker of computer memory chips, dropped after its forecast disappointed investors seeking a bigger payoff from artificial intelligence mania. Most Read from Bloomberg Fiscal fourth-quarter sales will be $7.4 billion to $7.8 billion, the company said in a statement Wednesday. ...

What's going on with Micron Technology (Mu)?

Things are looking up for Micron Technology (NASDAQ: MU) (NEOE: MU:CA) as favorable market conditions create the strongest sales momentum in years. Customers who stocked Micron's memory chips during the post-pandemic supply chain disruptions are coming back as their inventories have finally returned to normal levels. ...

Will micron be able to benefit from a cyclical growth?

We expect data centers, mobile phones, and cars to require greater amounts of memory content, driven by secular trends towards artificial intelligence, 5G, and autonomous vehicles. In our view, Micron should be able to benefit from this growth with its scale, despite cyclical effects in the short-term. ...

Is micron's 1 node technology a competitive edge in the memory market?

Micron has been touting its 1β node technology as a competitive edge in the memory market. But, while this is genuine progress, it is a manifestation of the same-old Moore's law. Microchip nodes, which refer to the size of the wires connecting microchip components, have been decreasing year over year for decades. ...

Does Micron have a weakness in the DRAM & NAND market?

DRAM and NAND markets show potential weakness, with slowing demand growth and reduced capital expenditures indicating limited pricing power and future challenges. Micron's heavy reliance on the data center market and geopolitical risks, particularly with China, pose significant threats to its future performance. ...

How did micron perform in Q4 2024?

In the fourth quarter of 2024, the company reported a net income of $887 million on $7.75 billion in revenue—a 93% increase from $4 billion in the same quarter the previous year. Non-GAAP earnings were $1.18 per share. Micron also forecasted first-quarter revenue of about $8.7 billion, surpassing Wall Street estimates of $8.21 billion. ...