Creator sentiment
10 creators · 10 views · past 7 days
Updated October 20, 2026
The bull case
- +Record revenues up 379% YoY, expects $61.5B next quarter.
- +Trades at just 5x forward earnings after a 16% sell-off, a great discount.
- +Caveat: memory is cyclical and may look cheap at the top.
- +Revenue growth rate is still accelerating impressively.
- +Cash conversion is incredible, with cash and short-term investments jumping from $26B to $43B quarter over quarter.
- +A dramatic rise in long-term investments like US Treasuries generates lots of interest income, directly boosting GAAP net profit and free cash flow.
- +Cash is accumulating into a sizable war chest, though Micron hasn't committed exactly what it will do with it.
- +Strategic customer agreements lock in 35% of revenue through 2030 with favorable pricing floors, reducing cyclicality.
The bear case
- −Memory is a cyclical, commoditized business and today's record margins are unlikely to be the new normal long term.
- −Growing competition from Chinese suppliers like CXMT, plus Samsung and SK Hynix, will add supply and pressure pricing and margins.
- −New supply coming online around 2028 could turn the stock into a momentum trade rather than a long-term investment.
- −The longer the outlook, the harder it is to be bullish; the past suggests a lower long-term trajectory.
What StockTubers recently said
📹 Dips Never Last. I'm Buying These Stocks NOW.
Record revenues up 379% YoY, expects $61.5B next quarter. · Trades at just 5x forward earnings after a 16% sell-off, a great discount. · Caveat: memory is cyclical and may look cheap at the top.
📹 AMAZON'S BEST DAY SINCE AUGUST, SEMIS BREAK THE RED STREAK | MARKET CLOSE
Micron may be in an NVIDIA-style six-month consolidation phase before a breakout. · Despite record earnings, the market is reacting negatively, raising questions about how much better it must do.
📹 Micron’s revenue growth is still heating up. #Micron #investing
Revenue growth rate is still accelerating impressively. · Cash conversion is incredible, with cash and short-term investments jumping from $26B to $43B quarter over quarter. · A dramatic rise in long-term investments like US Treasuries generates lots of interest income, directly boosting GAAP net profit and free cash flow. · Cash is accumulating into a sizable war chest, though Micron hasn't committed exactly what it will do with it.
