Micron Technology exceeded expectations in Q4 with higher revenue, earnings per share, and gross margin. Over 75% of its fiscal year 2027 production is already committed, and customer interest is extending into 2028 and beyond. Pricing is expected to continue increasing, and gross margins should expand starting Q1. Despite consensus predicting a sharp earnings drop after FY28, Micron's earnings may prove more resilient, offering significant upside potential.
Micron Technology shares are currently trading at USD 1,089.50 on Pluang, showing a 2.29% increase in the last day. The stock has a market cap of $1.20 trillion and a typical hold time of 47 days among investors as of Oct 02, 2026 05:31 WIB.
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Micron Technology reported strong fiscal Q4 results, surpassing analyst estimates on both revenue and net income. The company benefited from robust pricing power, which drove significant year-over-year increases in adjusted gross margins and net inco...
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Micron Technology reported a strong fiscal Q4 with an 11-fold increase in data center revenue, beating Wall Street expectations and offering positive guidance despite a slight premarket dip. This performance is driven by the AI boom's demand for memo...
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