Wedbush forecasts that Micron Technology's fourth fiscal quarter earnings per share could reach the mid-$30s, driven by significant price increases in DRAM and NAND memory products. The broker highlights strong pricing dynamics with quarter-over-quarter gains of around 30%, and expects continued price rises into 2027 due to growing demand from computing and hyperscale customers. Despite some pricing covered by long-term agreements, Micron is positioned to benefit from higher sales and margins, potentially returning substantial cash to shareholders.
Micron Technology's stock price on Pluang is currently at USD 1,053.70, down 2.64% as of Sep 29, 2026 01:51 WIB, trading closer to its 52-week high of $1.21K than its low of $157.27. Despite the recent dip, the market shows strong interest with 72% of orders being buys and a market cap of $1.22 trillion. This trading activity contrasts with the article's positive outlook on Micron's earnings driven by rising memory prices.
Micron Technology is poised for significant growth driven by strong AI demand for its memory products like DRAM, NAND, and HBM4. Analysts have set a price target of $1,520, suggesting a 40% upside from its current price of $1,082. Earnings are expect...
SK Hynix's stock fell 6% following a Bloomberg report that its U.S. storage unit, Solidigm, may pursue a $100 billion IPO next year. This news caused a selloff in memory stocks, including Micron and Western Digital, which both dropped around 4%. The ...
Micron Technology's stock has surged 590% in the past year, reflecting high market expectations for growth amid a tightening memory chip market. Despite strong supply chain advantages, the company faces increasing competition, especially from Samsung...
Micron (MU) is experiencing strong pricing power and margin expansion due to a severe supply bottleneck in HBM4 and DRAM memory chips. Its gross margin has surged to 84% and is expected to reach 86%, with revenue and earnings per share growth driven ...
JPMorgan reaffirmed its Overweight rating and $1,540 price target on Micron ahead of its earnings report, citing strong pricing momentum and tight memory market conditions. Analyst Arlan Sur expects Micron to beat revenue, margin, and earnings estima...
