Micron's Growth Is Limited By Sold Out HBM (Rating Downgrade)

Micron Technology (NASDAQ: MU ) reported q1’25 earnings results in line with estimates; however, management’s guidance for eq2’25 came in significantly below market expectations, leading to a -16% selloff in the after-hours market. Management’s eq2’25 revenue guidance is $1b below consensus estimates of$8.9b, suggesting that growthMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in pr ...