Micron Technology, Inc. (MU) — closed signal from December 7, 2025
Target reached Published before the outcome was known, scored automatically when the window closed on March 7, 2026.
Predicted vs. what happened
What happened
Reached its target in 26 days.
The thesis — published December 7, 2025
Micron makes the fast memory chips that AI data centers need. Recent results show big quarterly improvement and sales more than doubled compared to last year, and the stock ranks highly on an AI-focused list, showing strong interest from big investors. After a big run, buying gradually on small pullbacks aims for further gains over three months.
Primary drivers
- AI data center buying is pushing memory chip prices and drove strong quarterly and annual revenue growth.
- High ranking on an AI leader list shows strong interest from major institutional investors.
- A generally friendly economic outlook and expected Fed easing help riskier, high beta chip stocks.
- Price action settling with solid trading volume creates better entry chances on pullbacks.
How it played out
MU: target reached in 26 days
Lyra published MU at $237.12 on December 7, 2025, with expected growth of 31%. The thesis pointed to memory demand from artificial intelligence data centers, stronger quarterly and annual sales, institutional interest, a friendly economic outlook, expected Fed easing, and pullback entries after a large run.
Inside the window, MU reached the $310.51 target in 26 days. It later peaked at $455.50 on January 30, 2026, for a 92.1% gain. By March 7, 2026, it ended at $370.30. The thesis played out clearly.
What happened during the window
On December 17, 2025, Micron reported fiscal first-quarter revenue of $13.64 billion. On January 27, 2026, Micron announced a roughly $24 billion Singapore wafer-fab investment, with wafer output planned for the second half of 2028.
Prices are shown split- and dividend-adjusted, matching what public charts show today.
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