micronguidewatch

$MU reports today after the close. I'm bullish going in, and I've got money on it.

Guide is about $50B revenue, ~86% margin, ~$31 EPS. Consensus is already at $31.49, vs $3.03 a year ago. UBS is at $52.4B and 87.6% margin. Goldman is at $51.9B and 87.3%. The Street is above the guide, and I think that's fair.

I'm in for the $100B in contracted obligations and HBM4 pricing power. That's a real edge.

Yes, 8 beats in a row and the stock still averages a 3.4% drop the week after. Last June it jumped 15%, then gave back 32% in a month. I know the risk. That's why I'm sized for it.

50% long before the print. If margin clears 87% and it gaps up, I take profit. The rest rides for the guide.

Also, this quarter has 14 weeks and next has 13. A soft-looking guide can be a fake signal.

Bullish or bearish after the print?
#EarningsSeason #MicronGuideWatch #stockmarketnews