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Micron beats Q4 revenue and EPS estimates, raises strong Q1 guidance with solid customer contracts.

Company Fundamentals
30 Sep 2026
Seeking Alpha
View Source
Bullish
Micron beats Q4 revenue and EPS estimates, raises strong Q1 guidance with solid customer contracts.

Micron Technology reported Q4 FY2026 revenue of $54.23 billion and adjusted EPS of $33.42, surpassing expectations. The company provided an optimistic Q1 FY2027 outlook with a revenue midpoint of $61.5 billion and adjusted EPS midpoint of $38.15, although gross margin guidance softened slightly to 86.25%. Micron strengthened its strategic position with 26 customer agreements covering over 35% of projected revenue through 2030 and $32 billion in customer commitments. Strong demand for high-bandwidth memory (HBM) and data center SSD revenue nearing $10 billion support a bullish investment thesis for the stock.

Micron Technology holds a market cap of $1.20 trillion and an enterprise value of $1.18 trillion on Pluang as of October 1, 2026, 05:11 WIB. The stock price is $1,058.99 with a slight 1-day decline of 0.57%, while trading volume reached 18,673,307 shares. Pluang users show a balanced interest with 55% buy orders and 45% sell orders, reflecting active engagement around the company's strong revenue and strategic outlook reported recently.

More News (MU)

Micron posts record Q4 revenue, beats forecasts, and projects strong growth through 2028 driven by AI demand.

Micron posts record Q4 revenue, beats forecasts, and projects strong growth through 2028 driven by AI demand.

Micron Technology reported a historic fiscal Q4 with record revenue and margin growth fueled by strong demand for AI-related high-bandwidth memory (HBM) and data center products. The company’s forward guidance surpasses market expectations, securing ...

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Micron beats Q4 estimates with 379% revenue surge, forecasts strong Q1 on AI memory demand

Micron beats Q4 estimates with 379% revenue surge, forecasts strong Q1 on AI memory demand

Micron Technology reported a 379% year-over-year revenue increase in Q4 to $54.23 billion, surpassing estimates of $51.07 billion. Adjusted earnings per share also beat expectations at $33.42 versus $31.61 estimated. The company expects fiscal Q1 rev...

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Micron beats Q4 earnings estimates as AI memory demand drives revenue surge.

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Micron reported fiscal Q4 earnings that surpassed expectations, with revenue nearly quadrupling to $54.23 billion due to soaring demand for AI-related memory chips. The company, the only U.S. maker of high-bandwidth memory (HBM), saw net income jump ...

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In 2026, NVIDIA rose 23%, while Micron and SanDisk surged 265% and 609% respectively, driven by strong demand for memory and AI computing. Analysts project further upside in 2027 with price targets of $400 for NVIDIA, $2,000 for Micron, and $3,000 fo...

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Rambus, a maker of memory interface chips for AI servers, is trading well below its 52-week high but shows strong growth potential due to rising AI demand. The company reported a 20.43% revenue increase in fiscal Q2, beating estimates, and secured a ...

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