Top Analyst Reaffirms Buy Rating on Micron Stock (MU) Ahead of Its Q2 Earnings

Micron is set to release its second quarter Fiscal 2025 financials on March 20. Wall Street analysts expect the company to report earnings of $1.43 per share, reflecting a 240% increase year-over-year. Meanwhile, revenues are expected to rise 36% year-over-year to $7.90 billion. Ahead of the Q2 earnings release, five-star analyst Krish Sankar of TD Cowen maintained his Buy rating on the stock with a price target of $125 per share.
Light Up your Portfolio with Spark:
Easily identify stocks' risks and opportunities.
Discover stocks' market position with detailed competitor analyses.
Notably, Sankar is ranked 400 out of 9,416 analysts tracked by TipRanks. He has a 51% success rate with an average return per rating of 15.10% over a one-year time frame.
Micron is amemory chip maker, specializing in DRAM and NAND flash storage solutions for data centers, AI, and consumer electronics.
Sankar's Views on Micron Stock
Analyst Krish Sankar has a positive outlook on Micron. He expects the company to report stronger earnings in the near future as memory suppliers work together to raise DRAM and NAND prices. Higher prices would allow Micron to generate more revenue while improving profit margins.
The analyst also pointed out Micron's growing role in the High Bandwidth Memory (HBM) market, where HBM prices are expected to stay steady through 2026. Some industry feedback suggests Micron's HBM3e is the best in the market. The analyst noted that investors are now less worried about an oversupply of HBM and more focused on whether suppliers can raise prices later this year. If this continues, Micron could see strong growth going forward.
At the same time, the analyst also noted that Micron is expanding its reach with major cloud providers like Amazon's (AMZN) AWS, Microsoft's (MSFT) Azure, and Alphabet's (GOOGL) Google Cloud. Its share at AWS is increasing from nearly zero in Trainium 2 to 15-20% in Trainium 3, making AWS its second-biggest HBM customer after Nvidia (NVDA).
Still, Sankar remains cautious due to weak demand in the mobile and PC markets, which account for a large share of DRAM and NAND sales. If demand does not pick up, keeping prices high could be a challenge. Despite these concerns, Micron's growth in the HBM market and stable pricing trends make it a promising long-term investment.
Is Micron a Good Stock to Buy?
Wall Street has a Strong Buy consensus rating on Micron stock based on 19 Buys and two Holds. The average MU stock price target of $133.50 implies about 32.45% upside potential from current levels. MU stock has risen about 19.76% year-to-date.
See more MU analyst ratings
Disclosure
Questions or Comments about the article? Write to editor@tipranks.com

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

National Post

2 days ago

• National Post

Experian Accelerates Migration to AWS to Drive Innovation with Generative AI

Article content Global data and technology leader expands its cloud footprint to enhance performance and reliability, using AWS analytics and AI capabilities to give financial organizations access to real-time intelligence Article content SEATTLE — Amazon Web Services, Inc. (AWS), an Inc. company (NASDAQ: AMZN), today announced that Experian, a global data and technology company, is embarking on the next phase of its cloud migration and has selected AWS as its preferred cloud. By leveraging AWS's advanced cloud capabilities, Experian can provide faster, more scalable solutions that empower clients with deeper insights and more secure data services. Article content Article content Experian's cloud first strategy, in partnership with AWS, accelerates innovation by enhancing performance, scalability, and reliability, while enabling the company to better serve its clients with innovative products and solutions. By migrating off mainframe computers and moving multiple on-premises servers to the cloud, Experian is able to centralize its technology platforms in the cloud and use its data to drive deeper insights and predictive capabilities. Leveraging AWS's robust infrastructure, Experian can quickly adapt to evolving client needs, ensuring secure and efficient data handling. Article content As part of this new 10-year strategic agreement, Experian has selected AWS as their strategic partner for generative artificial intelligence (AI), developing more than 100 generative AI use-cases. This collaboration will drive operational efficiency, democratize data technologies for employees, and develop new credit and financial analytics offerings. With the integration of generative AI, Experian is streamlining the complex process of database migrations, automating and optimizing the transfer of vast datasets, reducing downtime, improving data accuracy, and further solidifying its position as a leader in the global data and technology industry. Article content 'AWS is delighted to partner with Experian to unlock opportunities that drive innovation, increase agility, and accelerate their modernization,' said Scott Mullins, Managing Director, Worldwide Financial Services at AWS. 'As they build intelligent data platforms, develop cutting-edge applications with generative AI, and gain real-time insights, Experian is demonstrating how organizations can reinvent their operations while maintaining security, compliance, and resilience at scale.' Article content 'Our initial migrations gave us enhanced performance, security, and reliability, making it an easy choice to take that a step farther and embrace a cloud-first strategy,' said Rodrigo Rodrigues, Chief Technology Officer at Experian. 'Having our data readily available in the cloud sets us up to invest in new capabilities like generative AI and advance products and solutions for our clients with proven security. By moving to AWS, we've reduced our data processing time by 60%, improved our ability to launch new products from months to weeks, and can now analyze credit data in real-time to better serve our customers.' Article content By leveraging AWS's robust security controls and advanced threat detection and mitigation capabilities, Experian can ensure the highest levels of data protection and regulatory compliance. Together, Experian and AWS are committed to creating transformative experiences that benefit both businesses and consumers, fostering growth, trust, and innovation across the digital landscape. Article content About Amazon Web Services Article content Since 2006, Amazon Web Services has been the world's most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 117 Availability Zones within 37 geographic regions, with announced plans for 13 more Availability Zones and four more AWS Regions in Chile, New Zealand, the Kingdom of Saudi Arabia, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit Article content About Amazon Article content Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth's Most Customer-Centric Company, Earth's Best Employer, and Earth's Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit and follow @AmazonNews. Article content About Experian Article content Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software. We also assist millions of people to realise their financial goals and help them to save time and money. Article content We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments. Article content Article content Article content Article content Contacts Article content Media Contacts: Article content AWS: Naomi Little njlittle@ 1 771 233 2089 Article content Article content Article content

Cision Canada

3 days ago

• Cision Canada

Zilliz Launches Milvus Ambassador Program to Empower AI Infrastructure Advocates Worldwide

Global initiative recognizes passionate individuals building the future of AI-powered vector search through open-source vector database technology SAN FRANCISCO, June 18, 2025 /CNW/ -- Zilliz, the company behind the leading open-source vector database Milvus, today announced the launch of the Milvus Ambassador Program, a global initiative designed to recognize and support passionate individuals who believe in the power of AI infrastructure and vector databases. The program creates opportunities for developers, advocates, and anyone who loves to share knowledge, inspire innovation, and make friends to contribute to the rapidly growing AI developer community. The Milvus Ambassador Program addresses the increasing demand for vector database expertise as organizations worldwide implement AI-powered vector search and retrieval systems. By fostering a global network of contributors, the program aims to accelerate the adoption of Milvus technology while empowering developers to become thought leaders in AI infrastructure innovation. "The future of AI-powered applications depends on robust infrastructure, and vector databases are at the heart of that infrastructure," said Chris Churilo, VP of Marketing at Zilliz. "Our ambassador program recognizes that the most impactful innovations come from passionate community members who share knowledge, mentor others, and push the boundaries of what's possible with vector database technology." What Ambassadors Can Expect: Visibility and recognition through Milvus's digital channels and media Exclusive Milvus swag and badges Skill-building opportunities in community leadership and developer advocacy Opportunities to speak at local events, meetups, and conferences to grow regional communities (travel covered) Join a global network of contributors dedicated to the success of Milvus Direct collaboration with Milvus engineering teams and core contributors, providing feedback and influence on product direction Who Should Apply? The program is open to developers, researchers, content creators, and technical leaders with experience using Milvus vector databases and a passion for empowering others through content, events, and code. Ambassadors can contribute at their own pace, with flexible engagement levels. Visit the Milvus Community Page to learn more about the program, or apply now by filling out the application form. About Zilliz Zilliz is a US-based global leader building next-generation vector database technologies, helping organizations unlock the value of unstructured data and rapidly develop AI and machine learning applications. By simplifying complex data infrastructure, Zilliz brings the power of AI within reach for enterprises, teams, and individual developers alike. Zilliz offers a fully managed, multi-cloud vector database service powered by open-source Milvus, supporting major cloud platforms such as AWS, GCP, and Azure, and is available across more than 20 countries and regions. Headquartered in Redwood Shores, California, United States, Zilliz is backed by leading investors including Aramco's Prosperity7 Ventures, Temasek's Pavilion Capital, Hillhouse Capital, 5Y Capital, Yunqi Partners, Trustbridge Partners, and others.

Globe and Mail

4 days ago

• Globe and Mail

NBIS vs. AMZN: Which AI-Infra Stock Seems a Better Pick at the Moment?

Nebius Group N.V. NBIS is an upcoming player in the AI-infrastructure market, while Amazon AMZN is an established tech behemoth. NBIS is a GPU-focused cloud platform, while Amazon dominates the AI cloud space through Amazon Web Services or AWS, the world's leading cloud provider, integrating AI capabilities at scale. Per an IDC report, spending on AI infrastructure is expected to top $200 billion by 2028. This uptrend in spending benefits both Amazon and Nebius, but not equally. So, if an investor wants to make a smart buy in the AI infrastructure space, which stock stands out? Let's break down how each company is performing and which one looks like the better investment right now. Nebius: A Fast-Growing Pure-Play AI Infra Provider Amsterdam-based Nebius is positioning itself as a specialized AI infrastructure company. NBIS also builds full-stack infrastructure for AI, like large-scale GPU clusters, cloud platforms, and tools and services for developers. Collaboration with Saturn Cloud and deeper NVIDIA integration boosts bodes well. NBIS is doubling down on AI infrastructure with an ambitious $2 billion capital expenditure plan for 2025, up from its earlier guidance of $1.5 billion. NBIS stated that the increase was primarily due to some planned fourth-quarter spending shifting into the early first quarter. Nebius is focusing on building a global footprint, with capacity in the United States, Europe and the Middle East amid accelerating demand for its AI-infrastructure services. It added three new regions, including a strategic data center in Israel, in the last reported quarter. In June 2025, NBIS announced private placement of $1 billion in convertible notes to capitalize on the AI-infrastructure boom and drive-up revenue opportunities in 2026. It recently announced the general availability of NVIDIA GB200 Grace Blackwell Superchip capacity for its customers in Europe. NBIS plans to build a data-center infrastructure pipeline that can offer scalability to more than 1 gigawatt ('GW') of capacity. With 1 GW of power, NBIS expects significantly higher revenues beyond its current guidance. To gain a larger share of the AI cloud compute market, NBIS is focusing on technical enhancements that increase reliability and reduce downtime to boost customer retention. In the first quarter, Nebius significantly upgraded its AI cloud infrastructure through improvements to its Slurm-based cluster and its object storage capabilities. The upgraded storage system ensures that big data sets can be easily accessed and saved quickly during model training, directly lowering time-to-result for end users. NBIS successfully graduated multiple platform services like MLflow and JupyterLab Notebook from beta to general availability. Nebius expanded integrations with external AI platforms like Metaflow, D Stack and SkyPilot, enabling customers to migrate tools with nominal friction. Nebius remains confident in achieving its full-year ARR guidance of $750 million to $1 billion. For 2025, the company also reaffirmed its overall revenue guidance of $500 million to $700 million. Nonetheless, the intense competition from behemoths remains a concern, along with profitability Management reaffirmed that adjusted EBITDA will be negative for the full year 2025. Though it added that adjusted EBITDA will turn positive at 'some point in the second half of 2025.' Amazon: Dominant Force With Its AWS Platform While NBIS is an early-stage player, Amazon is one of the dominant names in the AI cloud infrastructure space with its AWS platform. AWS revenues surged 17% year-over-year in the first quarter of 2025, with an annualized revenue run rate pegged at $117 billion. AWS backlog reached $189 billion with a 4.1-year weighted average life, offering forward revenue visibility. In the last reported quarter, AWS signed new agreements with major companies, including Ericsson, Adobe, Uber Technologies, Nasdaq, Fujitsu and many others. Amazon highlighted that more than 85% of global IT spending is still on-premises, suggesting immense growth potential for AWS. More significantly, Amazon's AI business segment now operates at a multi-billion-dollar annual revenue run rate with triple-digit percentage growth year over year. Amazon's strategy focuses on custom silicon development, particularly its Trainium 2 chips, which offer 30-40% better price performance compared to GPU-based instances. The company has also expanded its AI model offerings through Amazon Bedrock and introduced services like Amazon Nova foundation models. AMZN has added the latest foundation models in Amazon Bedrock, including Anthropic's Claude 3.7 Sonnet, Meta's Llama 4 family of models, DeepSeek's R1 and Mistral AI's Pixtral Large. AMZN is ramping up investment to boost its AI market share. It recently announced it plans to invest up to $20 billion in Pennsylvania to expand its data center infrastructure for AI and cloud computing. Before that, it allocated $10 billion in investments to expand cloud computing infrastructure in North Carolina. However, capacity constraints pose a challenge. Amazon has indicated that AI demand currently outstrips available capacity, suggesting the company could drive higher revenues with additional infrastructure. The intense competition from Microsoft's Azure and Google Cloud is concerning. Heavy capex spend could strain margins if AI returns do not materialize. NBIS Shares More Resilient Than AMZN AMZN shares have gained 2.9% while NBIS' stock has appreciated 25.5%. Valuation for AMZN & NBIS Valuation-wise, both Amazon and Nebius are overvalued, as suggested by the Value Score of D and the Value Score of F, respectively. In terms of Price/Book, NBIS shares are trading at 3.52X, lower than AMZN's 7.36X. How Do Zacks Estimates Compare for NBIS & AMZN? Analysts have significantly revised their earnings estimates downward for NBIS' bottom line for the current year. Image Source: Zacks Investment Research For AMZN, there is marginal upward revision. NBIS or AMZN: Which is a Better Pick? NBIS and AMZN currently carry a Zacks Rank #3 (Hold) each. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. NBIS is carving out a niche for itself in the AI infrastructure space, while AMZN is a force to be reckoned with. If investors are seeking an AI infrastructure stock with long-term growth potential, Amazon is a better pick. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nebius Group N.V. (NBIS): Free Stock Analysis Report