- micron technology reports fiscal Q4 earnings on Sept. 30.
- BofA Securities analyst vivek arya reiterates Buy rating and $1,550 price target.
- Shares are up 1.96% at $1,101.74, gaining 16% in the past month.
- Two key numbers: gross-margin forecast and capital-spending guidance.
- A gross-margin forecast in the mid-80% range for FY2027 would support EPS consensus of $150-$200 per Arya.
- Arya forecasts capex of $40-$50 billion for FY2027, indicating disciplined cleanroom capacity addition.
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