@alojohhardcore Added a small position today, but wish I
saw this post first. I need to get better at putting earnings dates on my calendar. Thanks for the insight. 🤝
It sounds like if Micron sustains/expands SCAs (toward 50%+ of revenue), delivers on HBM4, and consensus EPS rises further, a 12–15x multiple becomes possible over time implying $1,900–$2,400+ per share.
Currently trading at 7.5x EPS.
• 10x: ~$1,610/share (~$1.9T mkt cap)
• 12x: ~$1,932/share (~$2.3T)
• 15x: ~$2,415/share (~$2.9T)
Bullcase
• 18x:~$2,898/share (~$3.5T)
• 20x: $3,220+/share (~$3.8T+)