Parkev Tatevosian, CFA 对 $MU 的判断变化

2026-10-02看涨
《Eight Years, Hundreds of Companies, Thousands of Quarterly Reports, I Have Never Seen This Before》
MU 被低估,值得买入;当前的低估值(5.86 倍远期市盈率)提供了上行空间,尽管市场对其利润率的可持续性存有疑虑。

美光的季度财务业绩与股价反应之间的对比,正是普通人会对股市感到困惑的典型例子,他们会惊讶地想:“这世界到底怎么了?”

Micron's quarterly financial results compared to the stock price reaction are a prime example of why ordinary people are confused about the stock market, wondering in amazement, "What's going on in the world here?"

我这么说的原因是,美光在刚刚结束的季度报告了542亿美元的营收,几乎是去年同期110亿美元营收的五倍。因此,营收和销售额与去年同期相比增长了近五倍。

The reason I say this is that Micron reported revenues of $54.2 billion in its recently ended quarter, which is almost five times the revenue in the same quarter last year when it reported $11 billion.

So, revenues and sales have increased almost fivefold compared to the same period last year.

2026-09-23看涨
《My Take on What to Expect From Micron on Sep. 30》
MU 目前被低估,远期市盈率仅为六倍;DCF 估算其合理价值为 1439 美元(当前为 1041 美元),意味着在稳健基本面驱动下,未来 12 至 18 个月有超过 38% 的上行空间。

Micron 定于9月30日美股收盘后公布其季度财务业绩。鉴于 Micron 股价自2026年初以来已上涨超过264%,投资者之间存在许多相互矛盾的情绪。

Micron is scheduled to announce its quarterly financial results after the market closes on September 30. Given that Micron's stock has already risen by more than 264% since the beginning of 2026, there are a lot of conflicting feelings among investors.

有些持有 Micron 股票的投资者担心,在公司公布季度财务更新后股价会崩盘。还有一些在场外观望、有意买入 Micron 股票的人,却不知道该往哪个方向走。

There are some investors who own Micron shares and fear that the share price will collapse after the company's quarterly financial update. There are others watching from the outside, interested in buying Micron shares, but they don't know which way to go.

2026-09-13看涨
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2026-09-05看涨
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