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Micron Technology stock drops 24% on regulatory fears despite strong Q4 revenue and outlook

Analyst Insights
11 Nov 2026, 15:38 WIB
Seeking Alpha
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Bullish
Micron Technology stock drops 24% on regulatory fears despite strong Q4 revenue and outlook

Micron Technology's stock fell sharply by 24% due to concerns over potential regulatory challenges from a Democratic-controlled Congress. However, the company's fundamentals remain strong, with Q4 2026 revenue soaring 379% year-over-year to $54.23 billion and maintaining an 87% gross margin. Over 75% of its 2027 production is already committed, and ongoing supply constraints are expected to support high earnings for several years. Although the stock currently trades at a significant discount to its intrinsic value, investors should expect near-term volatility as regulatory risks unfold.

Micron Technology shares are trading at USD 775.27 on Pluang, up 6.92% as of Nov 11, 2026 20:41 WIB, showing a rebound from recent declines. The stock's market cap stands at $820.41 billion, with a strong buy interest of 65% among Pluang users. This trading activity highlights investor confidence despite the regulatory concerns mentioned in the news.

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