Wedbush Urges Investors: ’Load Up on Micron Stock Before Earnings Drop’
Micron's about to report earnings—and Wall Street's whispering 'buy' like it's a hot crypto tip.
Memory chips meet momentum
Wedbush analysts are pounding the table on MU shares ahead of what could be a make-or-break earnings call. No specifics on price targets (classic analyst move), but the sentiment's clear: get positioned before the numbers hit.
The crypto parallel
Memory demand cycles are starting to look as volatile as Bitcoin's halving events—except with actual industrial use cases. When the sector flips from glut to shortage, it happens fast. Micron's riding the DRAM/NAND wave that powers everything from AI servers to your overpriced smartphone.
The fine print
This isn't some degen trade—semiconductor cycles have clearer fundamentals than most altcoins. But let's be real: if the guidance disappoints, those 'strong buy' ratings will vanish faster than a shitcoin's liquidity pool.
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For the current quarter, Micron had forecast stronger shipments but expected lower prices and profit margins. This was mainly due to a higher mix of consumer-focused products, which helped boost sales volume but pulled down average selling prices. However, Wedbush now believes that the pricing and product mix turned out better than Micron’s original guidance, so it raised its Q2 estimates to the high end of Micron’s projected range.
Looking ahead to Fiscal Q4 2025 and Q1 2026, Wedbush lowered its very bullish forecasts and now expects smaller price gains, likely in the low to mid-single digits instead of large gains. However, for the full fiscal year 2026, Wedbush raised its growth expectations for High Bandwidth Memory (HBM) due to strong demand for AI and new government technology projects. As a result, Bryson’s team said that this growing HBM demand is good for Micron’s numbers and a positive trend for the whole memory chip industry.
Is MU a Good Stock to Buy Right Now?
Overall, analysts have a Strong Buy consensus rating on MU stock based on 16 Buys, three Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average Micron price target of $122.65 per share implies that shares are fairly valued.
