Micron Technology Inc (MU · NASDAQ)

Micron's momentum is exceptional: revenue nearly quadrupled year over year (+379.3%) to $133.19B TTM, with earnings up 1,061% and the latest quarter (ended 2026-08-31) posting $54.23B in revenue and $37.70B in net income — the fourth straight sequential acceleration from $13.64B a year prior. The company beat estimates in all four of its last earnings reports, including a 5.7% beat in the most recent quarter, and carries an 80.7% gross margin, 88.3% ROE, and a fortress balance sheet with $38.36B in cash against $4.69B in total debt. The stock closed at $1,074.89, up 57.7% versus its 200-day average and sitting 86.6% through its 52-week range, though it dipped 2.1% on the day with RSI(14) at 75 signaling overbought conditions. At a $1.21T market cap, the P/E of 14.45 and PEG of 0.16 suggest the market is pricing in only a fraction of current growth, while analysts' $1,520.02 target implies further upside.