Micron Technology, Inc. (MU) research: valuation against peers, fundamentals over time, risk and news coverage
MU
Micron Technology, Inc.No data in this window.
Every report in our own archive tagged with this symbol, newest first — fetched from the archive alongside the market data.
- SPECIAL REPORTBULLISHMicron's Memory Boom Draws a Wave of Bullish Analyst Calls
Several analysts this week made the case that Micron's memory chip growth is accelerating faster than its stock price reflects, though one flagged valuation risk after the recent run.
- SPECIAL REPORTNEUTRALMicron's Tepid Stock Reaction to Earnings Points to an Overlooked Cost Headwind
Micron's latest earnings report drew a tepid investor reaction despite bullish framing elsewhere, with analysis pointing to an overlooked cost headwind as a likely explanation.
- SPECIAL REPORTBULLISHChip Sector Enthusiasm Builds Ahead of TSMC's Q3 Print
Micron has gained 500% over the past twelve months after a string of strong results, and analysts are now framing both its financing position and TSMC's upcoming Q3 report as signals of continued strength in AI-linked chip demand.
- MARKET REPORTBULLISHDatacenter Trade Spreads Beyond Chips as Analysts Rerate Legrand, Micron
Evercore upgraded Legrand on datacenter growth while cutting Siemens on margin concerns, and CLSA raised its Micron price target on a stronger memory pricing outlook, as Nvidia shares also advanced.
- BREAKING STORYNEUTRALMicron Beats on Earnings, But Memory Shortage Story Isn't Moving the Stock
Micron's results showed the ongoing memory chip shortage benefiting the company, but the stock did not rally because expectations had already climbed that high.
- MARKET REPORTBEARISHTreasury Sell-Off Pushes 10-Year Yield to Highest Since 2002, Dow Futures Slide
The 10-year Treasury yield climbed to its highest level since 2002, dragging Dow futures to a three-month low and drawing retail investors into high-yield bond ETFs as a contrarian bet.
- BREAKING STORYBULLISHMicron Quadruples Revenue as AI Memory Shortage Tightens Supply
Micron's fiscal Q4 2026 revenue more than quadrupled year-over-year, beating estimates, as AI demand pushed memory chip supply into a tightening squeeze.
- MARKET REPORTBULLISHWall Street Splits on Micron Ahead of Earnings, But Bulls Have the Loudest Voice
Both JPMorgan and a Seeking Alpha analysis reaffirmed bullish views on Micron heading into its Q4 earnings report, citing continued strength in the memory chip market.
- MARKET REPORTBULLISHMicron Stays Wall Street Favorite as Memory Chip Demand Firms Up
Analysts have kept bullish ratings on Micron as memory demand strengthens, while investor Jim Cramer disclosed a large position in the stock for a charitable trust.
- SPECIAL REPORTBULLISHMicron's Guided Profit Pace Would Top Microsoft's Record Fiscal 2026
Extending Micron's guided quarterly profit pace across four quarters would produce more total profit than Microsoft posted in its record fiscal 2026, though the comparison depends on Micron sustaining that pace.
- SPECIAL REPORTNEUTRALChip Stocks Split Between 'Dead Money' Calls And Dip-Buying
One analysis calls Micron "likely dead money from here" while another argues the market has misjudged the scale of any AI slowdown and lists five reasons to buy Broadcom's recent dip.
- MARKET REPORTNEUTRALStocks Are Being Pulled Two Directions: AI Optimism Against Iran Risk
U.S. stocks are being driven by two competing forces at once, according to market commentary: continued optimism over AI spending, and unease tied to Iran-related geopolitical risk.
Every figure on this page is fetched and computed in your browser from free public sources — end-of-day prices and reported financials from Yahoo Finance's open endpoints, and our own archive for the coverage panel. Fundamental history on the free tier runs about four fiscal years and five quarters. Data is best-effort and unaudited; this is market research, not investment advice.
Guides conservatively — has come in above its own forecast in 27 of 34 forecasts.
n = 34 resolved forecasts · Q4 FY2023 to Q3 FY2026 · 14 still outstanding
Next report expected 23 Dec 2026 (Q4 FY2026) — Estimated one quarter on from the FY2026Q3 release of 2026-06-24. source
| Period | Measure | Guided | Issued | Reported | Landed | Deviation | Verdict | Sources |
|---|---|---|---|---|---|---|---|---|
| Q4 FY2026 | EPS (adj.) | $30.00–$32.00 | 2026-06-24 | — | — | — | PENDING | guidance |
| “Diluted earnings per share $30.73 ± $1.00 $31.00 ± $1.00” | ||||||||
| Q4 FY2026 | EPS | $29.73–$31.73 | 2026-06-24 | — | — | — | PENDING | guidance |
| “Diluted earnings per share $30.73 ± $1.00 $31.00 ± $1.00” | ||||||||
| Q4 FY2026 | Revenue (adj.) | $49.00–$51.00bn | 2026-06-24 | — | — | — | PENDING | guidance |
| “$50.0 billion ± $1.0 billion $50.0 billion ± $1.0 billion” | ||||||||
| Q4 FY2026 | Revenue | $49.00–$51.00bn | 2026-06-24 | — | — | — | PENDING | guidance |
| “$50.0 billion ± $1.0 billion $50.0 billion ± $1.0 billion” | ||||||||
| Q3 FY2026 | EPS (adj.) | $18.75–$19.55 | 2026-03-18 | $25.11 | +29.0% | ABOVE | guidance · result | |
| “Diluted earnings per share $18.90 ± $0.40 $19.15 ± $0.40” | ||||||||
| Q3 FY2026 | EPS | $18.50–$19.30 | 2026-03-18 | $24.67 | +28.4% | ABOVE | guidance · result | |
| “Diluted earnings per share $18.90 ± $0.40 $19.15 ± $0.40” | ||||||||
| Q3 FY2026 | Revenue (adj.) | $32.75–$34.25bn | 2026-03-18 | $41.5bn | +21.5% | ABOVE | guidance · result | |
| “Revenue $33.5 billion ± $750 million $33.5 billion ± $750 million” | ||||||||
| Q3 FY2026 | Revenue | $32.75–$34.25bn | 2026-03-18 | $41.5bn | +21.5% | ABOVE | guidance · result | |
| “Revenue $33.5 billion ± $750 million $33.5 billion ± $750 million” | ||||||||
| Q2 FY2026 | EPS (adj.) | $8.22–$8.62 | 2025-12-17 | $12.20 | +42.5% | ABOVE | guidance · result | |
| “Diluted earnings per share $8.19 ± $0.20 $8.42 ± $0.20” | ||||||||
| Q2 FY2026 | EPS | $7.99–$8.39 | 2025-12-17 | $12.07 | +44.9% | ABOVE | guidance · result | |
| “Diluted earnings per share $8.19 ± $0.20 $8.42 ± $0.20” | ||||||||
| Q2 FY2026 | Revenue (adj.) | $18.30–$19.10bn | 2025-12-17 | $23.9bn | +25.5% | ABOVE | guidance · result | |
| “Revenue $18.70 billion ± $400 million $18.70 billion ± $400 million” | ||||||||
| Q2 FY2026 | Revenue | $18.30–$19.10bn | 2025-12-17 | $23.9bn | +25.5% | ABOVE | guidance · result | |
| “Revenue $18.70 billion ± $400 million $18.70 billion ± $400 million” | ||||||||
| Q4 FY2025revised | EPS (adj.) | $2.78–$2.92 | 2025-08-11 | — | — | — | PENDING | guidance |
| “The Company today updated its guidance for fourth quarter of fiscal 2025 revenue to $11.2 billion ± $100 million, non-GAAP gross margins to 44.5% ± 0.5%, and non-GAAP EPS to $2.85 ± $0.07.” | ||||||||
| Q4 FY2025revised | EPS | $2.57–$2.71 | 2025-08-11 | — | — | — | PENDING | guidance |
| “Diluted earnings per share(1) $2.64 ± $0.07” | ||||||||
| Q4 FY2025revised | Revenue | $11.10–$11.30bn | 2025-08-11 | — | — | — | PENDING | guidance |
| “The Company today updated its guidance for fourth quarter of fiscal 2025 revenue to $11.2 billion ± $100 million, non-GAAP gross margins to 44.5% ± 0.5%, and non-GAAP EPS to $2.85 ± $0.07.” | ||||||||
| Q4 FY2025 | EPS (adj.) | $2.35–$2.65 | 2025-06-25 | — | — | — | PENDING | guidance |
| “Diluted earnings per share $2.29 ± $0.15 $2.50 ± $0.15” | ||||||||
| Q4 FY2025 | EPS | $2.14–$2.44 | 2025-06-25 | — | — | — | PENDING | guidance |
| “Diluted earnings per share $2.29 ± $0.15 $2.50 ± $0.15” | ||||||||
| Q4 FY2025 | Revenue (adj.) | $10.40–$11.00bn | 2025-06-25 | — | — | — | PENDING | guidance |
| “Revenue $10.7 billion ± $300 million $10.7 billion ± $300 million” | ||||||||
| Q4 FY2025 | Revenue | $10.40–$11.00bn | 2025-06-25 | — | — | — | PENDING | guidance |
| “Revenue $10.7 billion ± $300 million $10.7 billion ± $300 million” | ||||||||
| Q3 FY2025 | EPS (adj.) | $1.47–$1.67 | 2025-03-20 | $1.91 | +15.3% | ABOVE | guidance · result | |
| “Diluted earnings per share $1.37 ± $0.10 $1.57 ± $0.10” | ||||||||
| Q3 FY2025 | EPS | $1.27–$1.47 | 2025-03-20 | $1.68 | +15.3% | ABOVE | guidance · result | |
| “Diluted earnings per share $1.37 ± $0.10 $1.57 ± $0.10” | ||||||||
| Q3 FY2025 | Revenue (adj.) | $8.60–$9.00bn | 2025-03-20 | $9.30bn | +3.4% | ABOVE | guidance · result | |
| “Revenue $8.80 billion ± $200 million $8.80 billion ± $200 million” | ||||||||
| Q3 FY2025 | Revenue | $8.60–$9.00bn | 2025-03-20 | $9.30bn | +3.4% | ABOVE | guidance · result | |
| “Revenue $8.80 billion ± $200 million $8.80 billion ± $200 million” | ||||||||
| Q2 FY2025 | EPS (adj.) | $1.33–$1.53 | 2024-12-18 | $1.56 | +2.1% | ABOVE | guidance · result | |
| “Diluted earnings per share $1.26 ± $0.10 $1.43 ± $0.10” | ||||||||
| Q2 FY2025 | EPS | $1.16–$1.36 | 2024-12-18 | $1.41 | +4.0% | ABOVE | guidance · result | |
| “Diluted earnings per share $1.26 ± $0.10 $1.43 ± $0.10” | ||||||||
| Q2 FY2025 | Revenue (adj.) | $7.70–$8.10bn | 2024-12-18 | $8.05bn | 0.0% | IN LINE | guidance · result | |
| “Revenue $7.90 billion ± $200 million $7.90 billion ± $200 million” | ||||||||
| Q2 FY2025 | Revenue | $7.70–$8.10bn | 2024-12-18 | $8.05bn | 0.0% | IN LINE | guidance · result | |
| “Revenue $7.90 billion ± $200 million $7.90 billion ± $200 million” | ||||||||
| Q1 FY2025 | EPS (adj.) | $1.66–$1.82 | 2024-09-25 | $1.79 | 0.0% | IN LINE | guidance · result | |
| “$1.74 ± $0.08” | ||||||||
| Q1 FY2025 | EPS | $1.46–$1.62 | 2024-09-25 | $1.67 | +3.2% | ABOVE | guidance · result | |
| “$1.54 ± $0.08” | ||||||||
| Q1 FY2025 | Revenue (adj.) | $8.50–$8.90bn | 2024-09-25 | $8.71bn | 0.0% | IN LINE | guidance · result | |
| “$8.70 billion ± $200 million” | ||||||||
| Q1 FY2025 | Revenue | $8.50–$8.90bn | 2024-09-25 | $8.71bn | 0.0% | IN LINE | guidance · result | |
| “$8.70 billion ± $200 million” | ||||||||
| Q4 FY2024 | EPS (adj.) | $1.00–$1.16 | 2024-06-26 | — | — | — | PENDING | guidance |
| “Diluted earnings per share $0.61 ± $0.08 $1.08 ± $0.08” | ||||||||
| Q4 FY2024 | EPS | $0.53–$0.69 | 2024-06-26 | — | — | — | PENDING | guidance |
| “Diluted earnings per share $0.61 ± $0.08 $1.08 ± $0.08” | ||||||||
| Q4 FY2024 | Revenue (adj.) | $7.40–$7.80bn | 2024-06-26 | — | — | — | PENDING | guidance |
| “Revenue $7.60 billion ± $200 million $7.60 billion ± $200 million” | ||||||||
| Q4 FY2024 | Revenue | $7.40–$7.80bn | 2024-06-26 | — | — | — | PENDING | guidance |
| “Revenue $7.60 billion ± $200 million $7.60 billion ± $200 million” | ||||||||
| Q3 FY2024 | EPS (adj.) | $0.38–$0.52 | 2024-03-20 | $0.62 | +22.2% | ABOVE | guidance · result | |
| “Diluted earnings per share $0.17 ± $0.07 $0.45 ± $0.07” | ||||||||
| Q3 FY2024 | EPS | $0.10–$0.24 | 2024-03-20 | $0.30 | +24.0% | ABOVE | guidance · result | |
| “Diluted earnings per share $0.17 ± $0.07 $0.45 ± $0.07” | ||||||||
| Q3 FY2024 | Revenue (adj.) | $6.40–$6.80bn | 2024-03-20 | — | — | — | PENDING | guidance |
| “Revenue $6.60 billion ± $200 million $6.60 billion ± $200 million” | ||||||||
| Q3 FY2024 | Revenue | $6.40–$6.80bn | 2024-03-20 | $6.81bn | +0.2% | ABOVE | guidance · result | |
| “Revenue $6.60 billion ± $200 million $6.60 billion ± $200 million” | ||||||||
| Q2 FY2024 | EPS (adj.) | −$0.35 to −$0.21 | 2023-12-20 | $0.42 | +225.0% | ABOVE | guidance · result | |
| “Diluted earnings (loss) per share ($0.45) ± $0.07 ($0.28) ± $0.07” | ||||||||
| Q2 FY2024 | EPS | −$0.52 to −$0.38 | 2023-12-20 | $0.71 | +242.2% | ABOVE | guidance · result | |
| “Diluted earnings (loss) per share ($0.45) ± $0.07 ($0.28) ± $0.07” | ||||||||
| Q2 FY2024 | Revenue (adj.) | $5.10–$5.50bn | 2023-12-20 | $5.82bn | +6.1% | ABOVE | guidance · result | |
| “Revenue $5.30 billion ± $200 million $5.30 billion ± $200 million” | ||||||||
| Q2 FY2024 | Revenue | $5.10–$5.50bn | 2023-12-20 | $5.82bn | +6.1% | ABOVE | guidance · result | |
| “Revenue $5.30 billion ± $200 million $5.30 billion ± $200 million” | ||||||||
| Q1 FY2024revised | EPS (adj.) | −$1.00 | 2023-11-28 | −$0.95 | +4.0% | ABOVE | guidance · result | |
| “Diluted earnings (loss) per share(1) ... Approximately ($1.00)” | ||||||||
| Q1 FY2024revised | EPS | −$1.17 | 2023-11-28 | −$1.12 | +3.3% | ABOVE | guidance · result | |
| “Diluted earnings (loss) per share(1) ... Approximately ($1.17)” | ||||||||
| Q1 FY2024revised | Revenue (adj.) | $4.70bn | 2023-11-28 | $4.73bn | +0.1% | ABOVE | guidance · result | |
| “Revenue Approaching $4.7B — Approaching $4.7B” | ||||||||
| Q1 FY2024revised | Revenue | $4.70bn | 2023-11-28 | $4.73bn | +0.1% | ABOVE | guidance · result | |
| “the Company today announced that it expects revenue will approach $4.7 billion and non-GAAP gross margins will approach breakeven for the first quarter of fiscal 2024” | ||||||||
| Q1 FY2024 | EPS (adj.) | −$1.14 to −$1.00 | 2023-09-27 | −$0.95 | +4.7% | ABOVE | guidance · result | |
| “Diluted earnings (loss) per share ($1.24) ± $0.07 ($1.07) ± $0.07” | ||||||||
| Q1 FY2024 | EPS | −$1.31 to −$1.17 | 2023-09-27 | −$1.12 | +4.0% | ABOVE | guidance · result | |
| “Diluted earnings (loss) per share ($1.24) ± $0.07 ($1.07) ± $0.07” | ||||||||
| Q1 FY2024 | Revenue (adj.) | $4.20–$4.60bn | 2023-09-27 | $4.73bn | +2.9% | ABOVE | guidance · result | |
| “Revenue $4.40 billion ± $200 million $4.40 billion ± $200 million” | ||||||||
| Q1 FY2024 | Revenue | $4.20–$4.60bn | 2023-09-27 | $4.73bn | +2.9% | ABOVE | guidance · result | |
| “Revenue $4.40 billion ± $200 million $4.40 billion ± $200 million” | ||||||||
| Q4 FY2023 | EPS (adj.) | −$1.26 to −$1.12 | 2023-06-28 | −$1.07 | +4.2% | ABOVE | guidance · result | |
| “Diluted earnings (loss) per share ($1.34) ± $0.07 ($1.19) ± $0.07” | ||||||||
| Q4 FY2023 | EPS | −$1.41 to −$1.27 | 2023-06-28 | −$1.31 | 0.0% | IN LINE | guidance · result | |
| “Diluted earnings (loss) per share ($1.34) ± $0.07 ($1.19) ± $0.07” | ||||||||
| Q4 FY2023 | Revenue (adj.) | $3.70–$4.10bn | 2023-06-28 | — | — | — | PENDING | guidance |
| “Revenue $3.90 billion ± $200 million $3.90 billion ± $200 million” | ||||||||
| Q4 FY2023 | Revenue | $3.70–$4.10bn | 2023-06-28 | $4.01bn | 0.0% | IN LINE | guidance · result | |
| “Revenue $3.90 billion ± $200 million $3.90 billion ± $200 million” | ||||||||
Every figure above is read from the company’s own filings. “Guidance” links to the 8-K exhibit that issued the forecast; “result” links to the exhibit in which the company reported the outcome. Nothing here is an analyst estimate. How this is measured.