MU has real value after a significant decline due to a low forward P/E of ~6x.
Bullish
“askSlim Market Week 09/18/26 - Analysis of Financial Markets”
Steve MillerPublished Sep 18 · 1 passage
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Micron's projected earnings multiple for the next 12 months is about six times. Therefore, they view it as having real value after it has experienced such a significant decline.
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2026-09-18BullishThis one
Micron's projected earnings multiple for the next 12 months is about six times. Therefore, they view it as having real value after it has experienced such a significant decline.
2026-09-07Bullish
Now, if you look at the valuations, the market is insanely rated when I look at the market as a whole. When you look at a company like Micron, it is currently trading at 21 times earnings. Looking at future earnings, it is trading at a P/E ratio of only about 6 due to earnings expectations for the next quarter and early next year.
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