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Micron shares jump 14% after Q3 earnings beat and strong Q4 guidance

Company Fundamentals
24 Jun 2026
Proactive Investors
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Bullish
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Micron Technology reported fiscal Q3 earnings of $25.11 per share on $41.46 billion revenue, surpassing analyst expectations. Revenue more than doubled year-over-year, driven by strong demand in AI-related memory products. The company forecasted Q4 revenue around $50 billion and non-GAAP earnings of about $31 per share, highlighting strategic customer agreements that enhance business predictability. Micron also declared a $0.15 quarterly dividend, signaling confidence in continued growth.

More News (MU)

Micron Technology upgraded to Buy after Q3 results beat expectations with strong revenue and EPS guidance.

Micron Technology upgraded to Buy after Q3 results beat expectations with strong revenue and EPS guidance.

Micron Technology's Q3 revenue reached $41 billion, surpassing the $35 billion expected, and its non-GAAP EPS guidance for Q4 is $31, well above consensus estimates. The company is securing long-term contracts aiming for half its revenue under strate...

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Micron shares jump 15% after record $41.4B revenue and strong AI-driven outlook

Micron shares jump 15% after record $41.4B revenue and strong AI-driven outlook

Micron's stock surged over 15% after reporting its most profitable quarter ever, with Q3 revenue hitting $41.4 billion, up from $9.3 billion a year ago. Adjusted earnings per share soared to $25.11, and net income reached $28.24 billion. The company ...

Company Fundamentals
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5 hours ago
Micron shares jump 15% after record $41.4B revenue and strong AI-driven outlook

Micron shares jump 15% after record $41.4B revenue and strong AI-driven outlook

Micron's shares surged over 15% after reporting its most profitable quarter ever, with revenue hitting $41.4 billion, up from $9.3 billion a year ago. Adjusted earnings per share soared to $25.11, and net income reached $28.24 billion, driven by stro...

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Micron's Q3 revenue soars 4x on AI demand, stock jumps 10%, market cap tops $1T

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Micron reported fiscal Q3 revenue of $41.46 billion, more than quadrupling from $9.3 billion a year ago, driven by surging demand for memory chips fueled by the AI boom. The company's adjusted EPS of $25.11 also beat estimates, and its stock rose abo...

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Micron posts record Q3 fiscal 2026 with $41.46B revenue and $28.24B net income, driven by AI memory demand.

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Micron Technology reported record third-quarter fiscal 2026 results with revenue of $41.46 billion and GAAP net income of $28.24 billion, reflecting strong demand for memory products in the AI era. The company highlighted strategic customer agreement...

Company Fundamentals
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