What to Expect from Micron's Earnings
🌟🌟🌟$Micron Tech(MU.US)is scheduled to report its fiscal 4th quarter 2026 financial results on Wednesday September 30 2026. This report is widely considered to be the single most critical catalyst for AI & semiconductor memory stocks this year.
Wall Street expects a phenomenal earnings explosion with quarterly revenue projected to surge 350% year over year to USD 50.95 billion and adjusted earnings forecast to jump over tenfold to USD 31.63 per share.
I believe Micron will move up more than 8.6% post earnings. Since their HBM capacity is fully presold, confirming high pricing power for 2027 will easily trigger a huge breakout above 8.6%.
If Micron beats expectations and confirms severe HBM shortages extending deep into fiscal 2027, it will jump USD 1145 or more, towards its all time high of USD 1213.37.
Exciting times are ahead for Micron.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.