Has The Time Arrived To Buy This Blue Chip Stock-MU

Acrobull Canada Advisory Inc.

January 29			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Micron Technology Inc.	MU-NASDAQ	Technology		$98.32 Billion	Medium

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Mainland China, rest of the Asia Pacific, Hong Kong, Japan, Europe, and internationally.

Recent Highlights

Micron achieved record revenue in fiscal Q1, with revenue, gross margins and earnings per share (EPS) all at or above the midpoint of our guidance range.

Data center revenue grew over 400% year over year and 40% sequentially, reaching a record level, with data center revenue mix surpassing 50% of Micron’s revenue for the first time.

We delivered record revenue in data center SSDs and achieved new records in market share for data center SSDs and overall SSDs.

Quarter 1 2025 Financial Highlights

The company reported Revenue of $8.71 billion versus $7.75 billion for the prior quarter and $4.73 billion for the same period last year

The company reported GAAP net income of $1.87 billion, or $1.67 per diluted share

The company reported Non-GAAP net income of $2.04 billion, or $1.79 per diluted share.

The company reported Operating cash flow of $3.24 billion versus $3.41 billion for the prior quarter and $1.40 billion for the same period last year

Stock Observation- The company has reported very good financial results in the first quarter of 2025 and is expected to further report better financial results in the next quarter. The RSI level for the stock is at 41 which shows close to oversold conditions.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull Canada Advisory Inc. maintains Customer Choose Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull Canada Advisory Inc. only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull Canada Advisory Inc. would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull Canada Advisory Inc. is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull Canada Advisory Inc. does not guarantee returns.

Acrobull Recommendation Based on Evaluation

Current Market Price	$88.25 USD
Acrobull Recommendation	Buy
Target Price	Target $98.25 USD
RSI Level	14 Day RSI 41
Total Shares Outstanding	1.11 Billion
Shares held by Insiders Risk Factor Stop Loss	0.29% Medium 5%