daz999999999
09:20
$MU$  


Micron Technology, Inc. MU.OQ MU.O is expected to show a rise in quarterly revenue when it reports results on September 30 for the period ending August 31 2026

The Boise Idaho-based company is expected to report a 351.3% increase in revenue to $51.067 billion from $11.32 billion a year ago, according to the mean estimate from 28 analysts, based on LSEG data.The company's guidance on June 24 2026, for the period ended August 31, was for revenue between 49.00 billion and 51.00 billion.

​LSEG's mean analyst estimate for Micron Technology, Inc. is for earnings of $31.28 per share. The company's EPS guidance on June 24 2026, for the period ended August 31, was between 30.00 and 32.00

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 46 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Micron Technology, Inc. is $1,525.00, about 40.9% above its last closing price of $1,082.28

The company's guidance on June 24 2026 for the period ended August 31 was for Capital Expenditures of 10 billion.The company's guidance on June 24 2026 for the period ended August 31 was for gross profit margin of 86%.



From Leaders to Laggards — Are Memory Stocks Waiting on Micron?
Memory gave back Wednesday what it made Tuesday: SanDisk -3.73% to $1,816.57, SK Hynix -3.12% to $189.28, Micron -2.22% to $1,071.88. Rising yields hit high-multiple assets first, and memory had run hardest. The test is next week: Micron reports after the close on Sept 30 ET, with the quarter's revenue and gross margin, HBM4 shipments, order coverage and the 2027 outlook in focus. Bulls say price hikes and locked orders predate the print, so it only confirms them; bears say prices already assume a strong 2027 — one soft notch costs more than 3%. Would a strong print end the pullback?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment