Micron reported better-than-expected Q4 results with $54.23 billion in revenue, an 87% gross margin, and $33.2 billion in adjusted free cash flow, driving strong fiscal-year performance. The company provided robust guidance for Q1 with $61.5 billion in revenue and $38.15 earnings per share, calling it the year's low point and highlighting strong backlog visibility. Micron also announced a $35.16 billion share buyback supported by $73.48 billion in cash and investments. Despite industry challenges and supply concerns, the company's secured backlog and attractive valuation support a potential upgrade to a Buy rating.
Micron's strong quarterly results coincide with its stock trading at USD 916.00 on Pluang, showing a 2.22% gain in the last day. The company's market cap stands at $1.01 trillion, with a majority of Pluang investors (70%) buying the stock as of Oct 21, 2026 17:51 WIB.
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