Micron Technology Q4 Preview: Poised To Benefit From Continued AI Adoption, Analysts Say
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Micron Technology Inc is set to report its fiscal Q4 results on Sept. 23, with analysts optimistic about its performance due to AI adoption. JPMorgan maintains an Overweight rating with a $185 price target, while Rosenblatt Securities has a Buy rating with a $200 target. Analysts expect strong revenue and earnings driven by favorable pricing in AI-datacenter and other markets. Micron is anticipated to benefit from constrained DRAM and NAND supply through 2026, alongside rising demand from AI workloads. However, shares declined by 4.69% to $160.97 prior to publication.
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