Major Bank Ratings | UBS: Highly Optimistic About Micron's Outlook, 2027 EPS Expected to Reach $8.5

格隆汇 March 4｜UBS analyst Timothy Arcuri is highly optimistic about Micron's outlook, predicting that Micron's EPS for the calendar year 2027 could challenge $85, far above the market's average expectation of $48. Arcuri pointed out that, in response to the tight memory supply caused by artificial intelligence (AI) demand, manufacturers such as Micron have successively raised component prices. He believes that Micron may actively negotiate new long-term agreements based on this trend. Although this will give up some of the short-term price increase space, these agreements should help support more robust revenue and profits in the coming years. Arcuri further analyzed that the pricing momentum for DRAM and NAND continues to strengthen, and the supply shortage may persist until 2028.