Micron Technology reported a remarkable 379% year-over-year revenue increase to $54.2 billion in Q4, driven by strong AI-related demand. Gross margins hit 87%, with data center SSD sales making up over two-thirds of NAND revenue. The company expects continued sequential revenue and earnings growth through fiscal year 2027, supported by supply agreements covering more than 35% of revenue through 2030 and focused capital expenditures on long-term capacity. The price target for Micron rises to $1,742, reflecting optimism about margin expansion, share buybacks, and sustained AI demand.
Micron Technology holds a substantial market cap of $1.23 trillion as of Oct 08, 2026, 19:11 WIB, with a balanced Pluang order activity of 50% Sell and 50% Buy. Despite the article's bullish outlook and raised price target, MU shares traded at $1,070.00 on Pluang, showing a 1-day decline of 1.65%. The stock's dividend yield remains minimal at 0.06%, highlighting its focus on growth over income for investors.
Micron announced its final dividend for 2026 will be $0.15 per share, payable on October 29 with an ex-dividend date of October 14. This continues a recent increase from $0.115 in 2025, reflecting the company's strong financial performance, including...
The union at Micron's largest DRAM plant in Taoyuan, Taiwan, voted overwhelmingly (99%) to authorize a strike over profit-sharing amid the company's record fiscal 2026 profits. The union demands 15% of operating profits through a transparent profit-s...
The Roundhill Memory ETF (DRAM), focused on the global memory sector, is rated hold with a fair value estimate of $70, suggesting a 17.6% upside from its current price of $59.52. The ETF's portfolio is heavily concentrated, with 74% exposure to three...
Analysts forecast nearly 30% year-over-year earnings growth for the S&P 500 in 2026, up from 26.7% earlier this year, fueled largely by strong tech sector gains, especially in AI chipmakers like Nvidia and Micron. Earnings growth is broadening beyond...
Skydance, following its merger with Paramount, is focusing on technology and AI to enhance content creation and consumer engagement, aiming to compete with major streamers and tech firms. DA Davidson projects Micron's shares could triple by 2027-2028...
