Micron Technology (NASDAQ:MU – Get Free Report) is projected to release its Q4 2026 results after the market closes on Wednesday, September 30th. Analysts expect the company to announce earnings of $31.52 per share and revenue of $51.0738 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q4 2026 earning summary page for the latest details on the call scheduled for Wednesday, September 30, 2026 at 4:30 PM ET.
Micron Technology Stock Performance
Shares of Micron Technology stock opened at $1,082.28 on Monday. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. Micron Technology has a twelve month low of $155.18 and a twelve month high of $1,255.00. The firm has a market capitalization of $1.22 trillion, a PE ratio of 24.50, a P/E/G ratio of 0.68 and a beta of 2.22. The firm’s 50-day moving average price is $944.98 and its 200 day moving average price is $800.38.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on MU. Stifel Nicolaus increased their target price on Micron Technology from $550.00 to $1,500.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft boosted their price target on Micron Technology from $1,500.00 to $1,550.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Wedbush raised their price objective on Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $1,500.00 target price on shares of Micron Technology in a research note on Friday, September 18th. Finally, Arete Research upped their target price on shares of Micron Technology from $852.00 to $1,500.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,341.87.
Key Headlines Impacting Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Analysts remain highly optimistic ahead of earnings. Rosenblatt reaffirmed a Buy rating and a $1,500 price target, while UBS maintained a $1,625 target, citing rising earnings, stock buybacks and potentially durable profits from long-term contracts. Analyst sets Micron stock price target
- Positive Sentiment: Wall Street expects a sharp year-over-year increase in fourth-quarter revenue and adjusted earnings, with forecasts near $31.50 per share. Analysts expect AI-driven memory demand, favorable supply-demand conditions and higher prices to support a potential “beat-and-raise” quarter. Micron likely to beat Q4 earnings estimates
- Positive Sentiment: Technical indicators are signaling a strong bullish setup, and broader market conditions—including easing oil prices and lower Treasury yields—also helped support semiconductor shares. Why Micron stock is rising ahead of earnings
- Neutral Sentiment: Investors will focus on gross-margin and capital-spending guidance, as well as management’s outlook for memory pricing and AI demand. These metrics could determine whether the stock’s substantial rally can continue. Two numbers to watch in Micron earnings
- Negative Sentiment: Valuation and volatility remain risks after MU’s dramatic advance. Some analysts argue that AI growth may already be reflected in the share price, while NVIDIA offers broader AI exposure, higher margins and stronger return on equity. Micron versus NVIDIA
- Negative Sentiment: Potential headwinds include the cyclical nature of memory markets, the possibility that China increases supply and pricing pressure, and an ITC investigation involving Netlist patent-infringement claims that could seek import restrictions. China memory pricing concerns
Insider Activity
In other news, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the transaction, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. The trade was a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the transaction, the chief executive officer directly owned 264,503 shares in the company, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 137,179 shares of company stock valued at $135,792,625 in the last 90 days. 0.24% of the stock is owned by insiders.
Micron Technology Company Profile
Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.
Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.
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