Micron's stock has risen 18.17% this week, closing at $1,096.16, with Wall Street analysts divided on price targets ranging from hold to $2,000 ahead of its September 30 earnings report. The company expects $50 billion in revenue and $31.00 non-GAAP EPS for fiscal Q4, with a consensus target price of $1,515. Micron's strong customer agreements and record-high margins support bullish views, but risks include wafer capacity limits, tariffs, and litigation. The upcoming earnings report, especially the fiscal Q1 2027 margin guidance, will be crucial in determining if the stock can sustain its high valuation or face a correction.
As traders anticipate Micron's upcoming earnings report, the stock is trading steadily on Pluang at USD 1,096.59 as of September 23, 2026, 20:32 WIB, showing a slight 0.04% gain for the day. The market cap stands at $1.24 trillion, and the stock has experienced a wide range over the past year, from a low of $156.83 to a 52-week high of $1.21K. Order activity on Pluang currently leans toward selling, with 59% of orders to sell and 41% to buy.
The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) provides investors concentrated exposure to top tech stocks, including 32.4% allocation in the Magnificent 7 and AI-driven companies. It uses a covered call strategy to generate an attractive 11% m...
Investor Michael Burry has increased his bearish bets on AI and semiconductor stocks like Micron and Palantir, citing concerns over inflated valuations due to anticipated supply easing from increased chip production, especially in China. Simultaneous...
Micron Technology is experiencing a slowdown in memory price increases as supply and demand begin to balance, yet demand from AI data centers remains strong. The company's gross margins benefit from long-term supply contracts, with about 40% of reven...
Micron Technology is rated a strong buy ahead of its Q4 earnings, supported by robust demand for memory products and $100 billion in long-term take-or-pay contracts. The company’s Q4 revenue guidance of $50 billion includes an extra week, meaning the...
S&P 500 futures reached all-time highs despite many stocks hitting 52-week lows, signaling mixed market breadth. Options traders are heavily buying bullish calls on major indexes and tech leaders like Meta, Intel, and Micron, indicating expectations ...
