10 Most Undervalued Value Stocks to Buy Now

4. Micron Technology, Inc. (NASDAQ:MU)

Forward Price-to-Earnings: 10.16

Number of Hedge Fund Holders: 96

With strong hedge fund interest and a low price-to-earnings ratio, Micron Technology, Inc. (NASDAQ:MU) secures a place on our list of the 10 Most Undervalued Value Stocks to Buy Now.

On August 12, 2025, Cantor Fitzgerald reiterated its ‘Overweight’ rating on Micron Technology, Inc. (NASDAQ:MU) with a $155 price target. This reaffirmation follows the company’s raised guidance for its August quarter.

Furthermore, the analyst highlighted the improving outlook for DRAM supply and demand, driving its bullish stance. Meanwhile, continued improvements in the NAND market are also noted. At the same time, Micron Technology, Inc. (NASDAQ:MU)’s ongoing efforts to deliver premium memory and storage solutions fuel the analyst sentiment. Lastly, the analyst dismissed the concerns about High Bandwidth Memory (HBM), stating its pricing and margins are “overdone.”

Primarily operating across the United States, Taiwan, Singapore, Japan, Malaysia, China, and India, Micron Technology, Inc. (NASDAQ:MU) manufactures and sells memory and storage products. It is included in our list of the most undervalued value stocks to buy.