Mu stock price forecast short-term "MU stock price forecast"

Short-term "MU stock price forecast" points toward moderate volatility as options implied volatility reflects high market uncertainty. Institutional inflows remain strong, indicating bullish confidence in semiconductor industry recovery. While the dominant narrative points to overvaluation using forward projections, the company’s price-to-earnings ratio sits at 23.9x, significantly below both the semiconductor industry average of 37.1x and the peer average of 51.4x. It is also well under the fair ratio of 39.7x, hinting at strong value relative to rivals. This discrepancy could mean the market is missing Micron’s upside, or perhaps the risks are greater than they appear. Are market multiples sending a signal the valuation models missed? Micron reported a solid fiscal fourth quarter, with demand for DRAM, data center products, and AI underpinning the results. The company reported $11.32 billion in net revenue, representing a 46% increase over the same period last year. Weekly candlestick patterns show higher lows, strengthening the bullish conviction in the "MU stock price forecast". Technical resistance remains at $101, the breakout zone for short-term traders.