Is Micron Technology Stock a 'Buy' or 'Sell' In 2026?
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Micron Technology (MU) is positioned well as demand for high-bandwidth memory (HBM) rises with the AI boom. In Q1 2026, it reported $13.6 billion in net revenue, a 21% increase, with a gross margin of about 57%. The HBM shortage has led to increased customer payments and committed orders for 2026. Analysts project an average target price of $290.92 for Micron, indicating a potential upside of 1.93%. GuruFocus estimates a fair value of $322.47, suggesting a 12.98% upside from the current price of $285.41. Micron presents a value play in AI infrastructure memory.
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