Micron Technology, Inc. (MU) — closed signal from July 8, 2025
Target reached Published before the outcome was known, scored automatically when the window closed on October 6, 2025 — +53.6% at the close.
Predicted vs. what happened
What happened
Reached its target in 72 days.
The thesis — published July 8, 2025
After a 25% drop, one key measure says selling may have gone too far, yet another shows the long-term trend is still healthy. Scarce supply of Micron’s newest chips could let the firm raise prices, and a major industry event in August might lead analysts to lift profit forecasts. In similar oversold situations the stock has gained over 20% within two months. We will wait for proof that buyers are stepping in before committing fully.
Primary drivers
- Huge sell-off suggests many sellers are gone; past cases saw 20% rebounds in 2 months.
- Limited supply of high-end memory chips lets Micron charge more, lifting profits.
- News from August chip conference could push analysts to raise their earnings estimates.
- A very strong long-term momentum score says the bigger upward trend is still alive.
How it played out
MU: target reached in 72 days
Lyra published MU at $124.31 on July 8, 2025, with 30% expected growth and a $161.44 target. The thesis pointed to a 25% drop, an oversold setup where past cases saw 20% rebounds in 2 months, limited supply of high-end memory chips, a possible August conference catalyst, and a still-healthy long-term trend.
Inside the window, MU reached the target in 72 days. The stock peaked at $200.92 on October 6, 2025, for a 61.6% gain, above the $161.44 target. It ended at $190.88. The published thesis played out and then some.
What happened during the window
On August 11, 2025, Micron raised fiscal fourth-quarter guidance, including revenue of $11.2 billion. On September 23, 2025, Micron reported fiscal fourth-quarter revenue of $11.3 billion and adjusted earnings per share of $3.03.
Prices are shown split- and dividend-adjusted, matching what public charts show today.
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