MU → $900.00 by Oct 6, 2026.

Has anybody tried to calculate the fair value of the stock? I tried the DCF and P/FCF approaches in a couple of ways. 1) With DCF at 4% discount rate, 1% terminal growth rate and FCF following the projected price fluctuations of DRAM and nand flash (0.4 correlation each on top of latest Qs FCF) and price extrapolated linearly against current wafer demand & capacity varied by committed planned new capacity, I got a price upwards of $1550. 2) With …