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Micron projects record $51.33B revenue driven by AI memory demand, with EPS soaring to $31.72 this quarter.

Company Fundamentals
29 Sep 2026
Tony Dante
View Source
Bullish
Micron projects record $51.33B revenue driven by AI memory demand, with EPS soaring to $31.72 this quarter.

Micron Technology is set to report record quarterly revenue of up to $51.33 billion, fueled by strong demand for high-bandwidth memory in the AI market. Earnings per share are expected to jump significantly to around $31.72, compared to $3.03 last year, reflecting robust financial performance. The company maintains a strong financial position with a low debt-to-equity ratio of 0.06 and a current ratio of 3.42, indicating solid liquidity. The upcoming earnings report on September 30, 2026, is highly anticipated as analysts expect Micron to exceed expectations amid the AI-driven tech boom.

Micron Technology's stock price on Pluang is currently USD 1,066.05 as of September 30, 2026, 03:02 WIB, which is close to its 52-week high of USD 1,210. This price level contrasts sharply with its 52-week low of USD 163.90, highlighting significant growth over the past year. Despite strong earnings expectations, Pluang order activity shows a majority of 62% Sell versus 38% Buy, indicating mixed investor sentiment at this elevated price point.

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