---
title: "QUICK SPARK: Micron Stock Erases Post-Earnings Losses On Bullish Analyst Forecasts"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300720433.md"
description: "Micron Technology stock rebounded nearly 2% on Thursday, recovering from early losses, driven by strong Q4 earnings and bullish analyst upgrades. The company reported record revenue of $54.23 billion, beating estimates, with adjusted EPS of $33.42 also surpassing forecasts. Rosenblatt, Mizuho, and DA Davidson raised their price targets to $1,900, $1,400, and $2,100 respectively. Wall Street sentiment turned positive, with 25 of 26 analysts rating the stock a Buy."
datetime: "2026-10-01T19:31:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300720433.md)
  - [en](https://longbridge.com/en/news/300720433.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300720433.md)
generator: "portal-rs"
---

# QUICK SPARK: Micron Stock Erases Post-Earnings Losses On Bullish Analyst Forecasts

**Micron Technology Inc.** (NASDAQ:MU) stock rose nearly 2% in afternoon trading in New York on Thursday, recovering from an early slide of almost 4%.

The memory chipmaker reported fiscal fourth-quarter revenue of $54.23 billion late Wednesday, up 379% from a year earlier and above the $51.13 billion consensus estimate.

Adjusted earnings per share of $33.42 beat the $31.50 forecast. Micron guided next-quarter revenue to $61.5 billion at the midpoint, topping the $57.24 billion consensus.

Wall Street turned more bullish after the report, according to Benzinga Analyst Ratings. Rosenblatt raised its price target to $1,900 from $1,500, DA Davidson to $2,100 from $2,000 and Mizuho to $1,400 from $1,300.

Of 26 analysts tracked, 25 rate Micron a Buy, with an average price target of $1,430, about 32% above Thursday’s price.

## **Micron Analyst Moves After Fiscal Fourth-Quarter Earnings**

| Date        | Firm              | Analyst             | Price Target    | Action     | Rating     | Implied Upside |
| ----------- | ----------------- | ------------------- | --------------- | ---------- | ---------- | -------------- |
| Oct 1, 2026 | DA Davidson       | **Gil Luria**       | $2,000 → $2,100 | Raised     | Buy        | 93.5%          |
| Oct 1, 2026 | Rosenblatt        | **Kevin Cassidy**   | $1,500 → $1,900 | Raised     | Buy        | 75.1%          |
| Oct 1, 2026 | Mizuho            | **Vijay Rakesh**    | $1,300 → $1,400 | Raised     | Outperform | 29.0%          |
| Oct 1, 2026 | Cantor Fitzgerald | **C.J. Muse**       | $2,000          | Maintained | Overweight | 84.3%          |
| Oct 1, 2026 | Needham           | **N. Quinn Bolton** | $1,650          | Maintained | Buy        | 52.0%          |
| Oct 1, 2026 | TD Cowen          | **Krish Sankar**    | $1,600          | Maintained | Buy        | 47.4%          |
| Oct 1, 2026 | RBC Capital       | **Srini Pajjuri**   | $1,500          | Maintained | Outperform | 38.2%          |
| Oct 1, 2026 | Morgan Stanley    | **Joseph Moore**    | $1,200          | Maintained | Overweight | 10.6%          |

*Source: Benzinga Analyst Ratings. Implied upside calculated against $1,085.22, Micron’s price at 2:51 p.m. ET on Oct. 1, 2026.*

*Image: Envato Elements*

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## Related News & Research

- [Why Micron’s 87% gross margin is a blessing and a curse](https://longbridge.com/en/news/300718008.md)
- [Micron reports another beat-and-raise earnings. The stock is unchanged.](https://longbridge.com/en/news/300617796.md)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**