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Micron Technology Inc. (NASDAQ:MU) shares are retreating Tuesday. The stock is cooling off after hitting an all-time high of $818.67. This pullback follows a massive 152.15% year-to-date rally fueled by AI memory demand.
Gerber’s Simple Math For $1,140
Investor Ross Gerber of Gerber Kawasaki in a Monday post on X, laid out a bullish valuation case. “The micron math is simple,” Gerber stated. He projects 2026 earnings per share (EPS) of $57. By applying a 20 times market multiple, Gerber sets a price target of $1,140.
AI Memory Boom Fuels …
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