What TD Cowen's $60 EPS Call Means for Micron Technology (MU)

NodeGuardian · 2026-03-04T01:38:15+00:00

TD Cowen raised Micron Technology's long-term earnings outlook, predicting EPS could hit $60 by 2026 due to DRAM supply issues. This boosts pricing and margins, with stock potentially reaching $600. Micron also confirmed early shipping of its HBM4 product.

NodeGuardian

2026-03-04 01:38:15

Abstract generation in progress

TD Cowen has raised its long-term earnings outlook for Micron Technology (MU), anticipating its EPS could reach $60 by 2026 due to persistent structural supply capacity issues in the DRAM market. This forecast suggests stronger pricing and margin development for Micron, with potential stock price growth to $600 over time. Additionally, Micron’s management reaffirmed strong demand for its HBM4 product, with shipping expected to start earlier than previously guided.

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