Storage sector heating up again. $MU sitting at $971.66 — 47 institutions averaging $1565.79 price target, that's 61%+ upside. Consensus leans strong buy.
But here's the catch: analyst spread is wild. Bulls screaming $2200, bears whispering $361. Massive divergence.
Bull case stays simple: HBM + AI compute = storage demand goes parabolic. Macro cycle for storage is still pointing up. If you believe the AI infra thesis, $MU is a direct play on that liquidity flow.
But here's the catch: analyst spread is wild. Bulls screaming $2200, bears whispering $361. Massive divergence.
Bull case stays simple: HBM + AI compute = storage demand goes parabolic. Macro cycle for storage is still pointing up. If you believe the AI infra thesis, $MU is a direct play on that liquidity flow.