Micron Q1: Downward Revisions Reset Valuation Multiples, Expecting Demand Recovery In H2 FY2025
MUMicron Technology(MU) Seeking Alpha·2024-12-23 17:44

Micron's (NASDAQ: MU )'s stock dropped nearly 20% following a disappointing 1Q FY2025 earnings report. Revenue for the quarter was nearly in line with consensus, but the outlook for 2Q FY2025 fell significantly below market expectations, primarily due to weaknessI'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting. I'm a senior analyst ...