UBS sees MU potentially buying back more than 40% of shares by 2028, Shay Boloor notes

UBS sees MU potentially buying back more than 40% of shares by 2028, Shay Boloor notes
UBS expects major MU share repurchase

Shay Boloor reports that UBS believes MU could repurchase more than 40% of its outstanding shares by the conclusion of 2028. This projection is based on the expiration of MU's buyback restriction in December 2026 and the expectation that the company will generate over $400 billion in free cash flow through 2028, which could be used to fund these share repurchases at current prices.

Earlier this year, Shay Boloor listed the top 15 stock performers for 2026, with SNDK posting the largest gain at 781 percent. In a separate update, Boloor reported that Polymarket odds for Anthropic reaching a $2 trillion valuation by year-end rose to 47 percent. These reports highlight ongoing investor interest in standout equities and tech valuations.

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