Micron Technology (MU) Expected to Post Quarterly Earnings on Wednesday

Micron Technology (NASDAQ:MU) is expected to be issuing its Q4 2026 results after the market closes on Wednesday, September 30th. Analysts expect the company to announce earnings of $31.62 per share and revenue of $51.1928 billion for the quarter. Investors can check the company’s upcoming Q4 2026 earning results page for the latest details on the call scheduled for Wednesday, September 30, 2026 at 4:30 PM ET.

Micron Technology Stock Performance

NASDAQ:MU opened at $1,053.98 on Tuesday. The firm has a market capitalization of $1.19 trillion, a PE ratio of 23.86, a PEG ratio of 0.68 and a beta of 2.22. 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 1 year low of $159.97 and a 1 year high of $1,255.00. The firm’s fifty day simple moving average is $948.75 and its 200 day simple moving average is $804.96.

More Micron Technology News

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: Strong AI-driven demand supports the outlook. Analysts expect tight HBM4, DRAM and NAND supplies, rising memory prices and accelerating data-center demand to drive substantial revenue and earnings growth. Micron’s prior guidance called for approximately $50 billion in revenue, adjusted EPS near $31 and an 86% gross margin. AI Boom-Led Memory Chip Demand to Boost Micron’s DRAM Revenues in Q4
• Positive Sentiment: Analysts remain bullish. Wedbush reaffirmed an Outperform rating with a $1,400 target, while Baird raised its target to $1,520 and JPMorgan reiterated an Overweight rating with a $1,540 target. Wedbush also sees potential fourth-quarter EPS in the mid-$30s if DRAM and NAND prices rise by the mid-teens. Micron Poised for Upside as Memory Prices Climb
• Neutral Sentiment: Earnings volatility is elevated. Options traders anticipate an approximately 8.6% post-earnings move, making the September 30 report a major near-term catalyst. Investors will focus not only on fourth-quarter results but also on fiscal 2027 pricing, supply constraints and the durability of AI spending. Here’s How Much Traders Expect Micron Stock to Move After Earnings
• Negative Sentiment: Expectations may be stretched. Wall Street expects revenue to increase more than 352% year over year to about $51.19 billion and adjusted EPS to reach $31.62. After the stock’s substantial advance, any indication that growth or margins may peak could prompt profit-taking.
• Negative Sentiment: Macro and industry risks are weighing on sentiment. Higher bond yields and crude oil prices are pressuring growth stocks, while an OpenAI pause in testing some advanced models has revived concerns about the pace of AI investment. Acer’s CEO also cautioned that memory prices may not keep rising as long as investors expect. Acer’s CEO Has a Warning for Micron Technology Investors

Insider Activity

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the sale, the executive vice president directly owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP April Arnzen sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the sale, the executive vice president directly owned 85,737 shares of the company’s stock, valued at approximately $92,933,763.78. The trade was a 31.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 135,879 shares of company stock worth $134,297,066. Company insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on MU shares. Arete Research increased their target price on Micron Technology from $852.00 to $1,500.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Cantor Fitzgerald restated an “overweight” rating and issued a $1,500.00 price objective on shares of Micron Technology in a research note on Thursday, June 25th. Phillip Securities upped their target price on shares of Micron Technology from $530.00 to $1,870.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Citigroup raised their price target on shares of Micron Technology from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. Finally, JPMorgan Chase & Co. boosted their price target on Micron Technology from $550.00 to $1,540.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,348.03.

Micron Technology Company Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, three-dimensional XPoint-related technologies, solid-state drives, and high-bandwidth memory products designed for demanding computing applications.

The company serves customers across the data center, artificial intelligence, networking, automotive, industrial, mobile, consumer electronics, and embedded markets.