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00:03Futurum Equity's chief market strategist, Shea Belor, said Micron Technology could exit 2028
00:09at a more than $300 billion annualized revenue run rate, according to the strategist's post on X.
00:16Micron last week reported adjusted earnings of $25.11 per share and third quarter revenue of
00:23$41.46 billion, above estimates of $20.63 and $35.59 billion.
00:31The company forecast fourth quarter adjusted earnings of $31 per share, plus or minus $1,
00:37and revenue of $50 billion, plus or minus $1 billion.
00:42Analysts expected $25.50 per share and $42.95 billion.
00:48Micron has a consensus buy rating and a $1,293.57 price target, according to Benzinga Pro.
00:55Shares fell 6.7% Friday, but rose 1.8% in Monday pre-market trading.
01:01For all things money, visit Benzinga.com.
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