15 Tech Stocks with Best Earnings Growth in 2025

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2. Micron Technology Inc. (NASDAQ:MU)

Expected EPS Growth Next FY: 430%

Number of Hedge Fund Holders: 94

Micron Technology Inc. (NASDAQ:MU) designs, develops, manufactures, and markets memory and storage products, including dynamic random-access memory (DRAM), flash memory (NAND), solid-state drives (SSDs), and High Bandwidth Memory (HBM) globally. The company is well-positioned to capitalize on technological advancements in AI, 5G, autonomous vehicles, and data centers.

Micron Technology Inc. (NASDAQ:MU) anticipates a total addressable market (TAM) for HBM to expand from $16 billion in 2024 to over $100 billion by 2030. The company’s HBM revenue doubled sequentially in its latest quarter. To add to this growth, Micron Technology Inc. (NASDAQ:MU) has recently announced investing $7.0 billion in a new HBM advanced packaging facility in Singapore which is expected to be operational by 2026. A Bloomberg analyst recently highlighted that Singapore has recently become a favoured nation for expansion beyond China and Taiwan, which should lower the geopolitical risks for semiconductor operations.

On February 13, a Wells Fargo analyst reaffirmed his Buy rating on Micron Technology Inc. (NASDAQ:MU) shares with a target price of $140. The analyst is still bullish on the company as he believes that HBM ramp-up has accelerated which should help support growth. The company also guided for margins to improve in the second half of the year, which along with stable data center demand keeps the analyst positive.

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