UPDATE: Micron Technology (MU) Agrees to Sell Utah Factory to Texas Instruments for $900M

Micron Technology (MU) PT Raised to $107 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh raised the price target on Micron Technology (NASDAQ: MU) to $107.00 (from $104.00) while maintaining a Buy rating following earnings.

The analyst commented, "MU reported a solid MayQ of $7.4B/$1.88 in line with its updated outlook of... More

Micron Technology (MU) Tops Q3 EPS by 17c, Revenue Beats, Offers Q4 Guidance

Micron Technology (NASDAQ: MU) reported Q3 EPS of $1.88, $0.17 better than the analyst estimate of $1.71. Revenue for the quarter came in at $7.42 billion versus the consensus estimate of $7.23 billion.

GUIDANCE:

Micron Technology sees Q4 2021 EPS of $2.20-$2.40, versus the consensus of... More

Popular stocks with increasing volume: SPCE BBBY MU GE SNAP WMT ROKU

Popular stocks with increasing volume: SPCE BBBY MU GE SNAP WMT ROKU

Micron Technology (MU) July weekly 84.50 straddle priced for a move of +/- 5.5% into quarter results

Micron Technology (NASDAQ: MU) July weekly 84.50 straddle priced for a move of +/- 5.5% into the expected release of quarter results today after the bell.

Micron Technology (MU) call put ratio 6.8 calls to 1 put with focus on July 85 calls into quarter results

Micron Technology (NASDAQ: MU) July weekly call option implied volatility is at 81, July is at 44; compared to its 52-week range of 34 to 61 into the expected release of quarter results today after the bell. Call put ratio 6.8 calls to 1 put with focus on July 85 calls.

Pre-Open Stock Movers 06/30: (OCUP) (ASTS) (XELA) Higher; (ALT) (ECOR) (REPX) Lower (more...)

Pre-Open Stock Movers:

Ocuphire Pharma, Inc. (Nasdaq: OCUP) 40.6% HIGHER; announced that the VEGA-1 Phase 2 clinical trial evaluating the efficacy and safety of Nyxol in combination with low-dose pilocarpine (LDP) in presbyopic subjects successfully met its primary and many secondary endpoints. On the strength of these results, Ocuphire plans to move into Phase 3. Given the rapid onset and sustained duration of efficacy, the favorable safety profile, and the potential tunability of... More

Micron (MU) Upgraded at BMO to 'Outperform' on Expectations that Supply-Demand Imbalance Will Continue Well into 2022

BMO analyst Ambrish Srivastava has upgraded Micron Technology (NASDAQ: MU) to Outperform from Market Perform as a change in the supply-demand thesis leads to new higher estimates for earnings.

This is a call on a positive underpinning to fundamentals we see leading to a continued supply-demand imbalance 2022, with positive implications for DRAM pricing vs. our prior thinking, the analyst said in a note sent to clients.

Srivastava notes that todays call is not a call about the upcoming quarterly earnings. Instead, he sees a potential for a continued... More

Micron Technology (MU) July weekly IV bid into quarter results

Micron Technology (NASDAQ: MU) July weekly call option implied volatility is at 74, July is at 42; compared to its 52-week range 34 to 61 into expected release of quarter results on June 30. Call put ratio 2.7 calls to 1 put.

Stocks expected to have increasing option volume: BBBY MU FIZZ GIS

Stocks expected to have increasing option volume: BBBY MU FIZZ GIS

BMO Capital Upgrades Micron Technology (MU) to Outperform on Continuation of Supply-Demand Imbalance

BMO Capital analyst Ambrish Srivastava upgraded Micron Technology (NASDAQ: MU) from Market Perform to Outperform with a price target of $110.00 (from $90.00).

The analyst comments "Shares have underperformed meaningfully vs. the SOX YTD, up 10% vs. 20%. We believe there is a fair amount of concern related to near-term pricing driven by inventory... More

Micron Technology (MU) call put ratio 2.3 calls to 1 put into quarter results

Micron Technology (NASDAQ: MU) July weekly call option implied volatility is at 73, July is at 44; compared to its 52-week range of 34 to 61 into the expected release of quarter results after the bell on June 30. Call put ratio 2.3 calls to 1 put.

Micron Technology (MU) Expected to Beat/Raise, Citi Earnings Preview

Citi analyst Christopher Danely reiterated a Buy rating and $135.00 price target on Micron Technology (NASDAQ: MU) ahead of F3Q21 results expected on June 30th after market close. The analyst is expecting results above guidance and the company to guide August quarter EPS above... More

Micron Technology (MU) Medium Term Stock Performance is Binary, Short Term Appears Strong - Morgan Stanley

Morgan Stanley analyst Joseph Moore reiterated an Overweight rating and $105.00 price target on Micron Technology (NASDAQ: MU) expecting strong results and a positive stock reaction when the company reports on Wednesday, June 30th.

The analyst believes that a less tight DRAM market will improve heading into the seasonally strong period but has become "incrementally cautious". He stated "We like Micron tactically heading into the print... More

Micron Technology (MU) call put ratio 2.5 calls to 1 put into quarter results

Micron Technology (NASDAQ: MU) 30-day option implied volatility is at 39; compared to its 52-week range 34 to 61 into expected release of quarter results on June 30. Call put ratio 2.5 calls to 1 put.

Stocks expected to have increasing option volume: TSLA MU SPCE

Stocks expected to have increasing option volume: TSLA MU SPCE