THIS AI STOCK IS ABOUT TO REPORT EARNINGS TOMORROW...
In a Nutshell
Micron Technologies reports earnings tomorrow with a $1.19 trillion market cap, and strong results could trigger a semiconductor sector rally after today's 3.5% NASDAQ selloff and Micron's 13% drop. The company shows solid fundamentals with $58B revenue, $24B net income, 49x P/E ratio, and consistent growth, making it more attractive than hype-driven names like MSTR. Markets are watching whether Micron beats EPS/revenue estimates and provides positive 2026 guidance to determine if the AI-driven semiconductor rally resumes.
These notes were generated by AI and may contain inaccuracies.
Markets just had one of their nastiest red days and tomorrow it could actually get a lot worse. The NASDAQ market is down 3.5% with uncertainty, but that can all change tomorrow. Not enough people are talking about this because there is a gap between all the other semiconductor companies that reported earnings.
Tomorrow, Micron Technologies reports earnings. The company has a market cap of 1.19 trillion. The market's expectation for June 24th, 2026 has an estimated EPS of $19.92 and estimated revenue of 34.66 billion. If it exceeds expectations, semiconductor stocks may have a reason to rally.
Micron absolutely killed it on their last earnings, beating both EPS and revenue, and their guidance was exceptional.
Micron Technologies has revenue of 58 billion and net income of 24 billion with very healthy margins. The P/E ratio is 49.2 times current earnings, which is high but not terribly high. For comparison, Nvidia trades at 30 times its earnings.
Micron is one of the favorites aside from Nvidia, which is the world leader and market leader for a reason. Other semiconductor companies to consider include AMD.
Today was one of the biggest losing days for Micron, losing 13.1%. The only bigger loser was SanDisk at 13.6%. Despite the daily loss, zooming out on the 4-hour timeframe shows the stock has been killing it from lows of $50 per share last year to now trading over a thousand.
After this insane pump, the stock isn't terribly overvalued at a 49 P/E ratio, especially compared to companies with much higher multiples that have recently pulled back.
It is important for beginners to dive deeper beyond the charts. Using Investing Pro software, you can see the growth this company has had over the past few quarters from 2023 to current highs. It's not just accelerated growth in price, but also revenue growth.
The company is fundamentally growing, not just hyped. Unlike MSTR, which is a company that didn't earn its valuation and was all hype, Micron is a business that is actually growing both fundamentally and technically.
If you own 100% of Micron Technologies, you own a business worth $1 trillion that generates $24 billion in profit every year. This is compared to Bitcoin, which is described as fancy code on a screen. The preference is for actual businesses that are growing and innovating.
A semiconductor company in South Korea, more of a storage company, began tracking backwards in its aggressive approach to AI development, which caused selling pressure. If the same thing happens with semiconductor manufacturers in the states, there is every reason to sell off because there is a lot of forward guidance and expectations for continued accelerated growth.
It is not guaranteed that Micron has to rocket higher. We will learn more tomorrow if the company is meeting Wall Street's expectations based on earnings per share, revenue, and overall outlook and guidance for 2026.
Markets are super rational other than what happened today. Yesterday, Micron hit all-time highs and markets were thriving for semiconductors. Today there is a scare. When there's blood in the market, the idea is to look deeper and ask whether to buy into it.
The goal is not to encourage buying, but to challenge viewers to ask themselves if it's worth buying or if it's still too overpriced. This requires understanding the company both technically and fundamentally.
Tomorrow one of the largest publicly traded companies in the semiconductor space reports earnings. If they exceed market expectations, the markets, especially the semiconductor markets which got very negatively affected today, have a reason to celebrate.
Viewers were invited to comment or drop a thumbs up if they would like a free live stream to watch Micron Technologies report earnings tomorrow.
A trade plan for Micron will be shared with the LPP team, which trades every single morning right at market open. The program is designed for complete beginners with a one-time payment for lifetime access. The second link in the description leads to signup.
Investing Pro is available via the first link in the description for fundamental analysis software.
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