Micron Forecasts Are Higher, But MU Stock Is Off Its Peak and 2-Week Puts Yield 5.8%

Analysts covering Micron Technology (MU) continue to raise their annual revenue forecasts for Aug. 2027 as well as their price targets. But MU stock is off its peak. That presents an opportunity for value buyers.

For example, 2-week out-of-the-money MU puts now yield over 5.8% for short-sellers. This article will show how that works.