DailyIQ
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Last updated 1 minute ago

MU·Micron Technology, Inc.

$.
+. (+.%)
Pre-Market
High
$965.99
Open
$938.25
Market Cap
846.93B
52W High
$818.67
Low
$912.80
P. Close
$914.53
P/E
35.13
52W Low
$90.93
Fwd P/E
8.62
Mean Target
$613.23
Technical Score (1D)
100
BUY
News Sentiment
88
BULLISH
Micron Technology (MU) has achieved an all-time high and surpassed a $1 trillion market capitalization, driven by a significant UBS analyst upgrade that tripled the price target to $1,625. This surge is directly linked to the booming artificial intelligence sector, which is fueling sustained and robust demand for computer memory chips. The company's production capacity for AI-critical High-Bandwidth Memory (HBM) chips is reportedly allocated through 2026, indicating strong future revenue visibility. This AI-driven memory chip rally has also seen SK Hynix join Micron in the $1 trillion club, with an AI-focused DRAM ETF more than doubling since its debut. The market's focus remains heavily on AI, with geopolitical events having minimal impact, highlighting the sector's dominance. Investors are watching for continued strength in memory chip prices, which are experiencing dramatic increases comparable to oil market surges, as AI infrastructure buildout accelerates. While these developments point to significant growth, market observers note that broader market gains are narrowing, raising questions about the sustainability of the current rally.
Earnings Summary
Micron Technology, Inc. is a significant player in the Technology sector, specifically within the Semiconductors industry, specializing in the design, development, and sale of memory and storage solutions like DRAM, NAND flash memory, and SSDs. These components are vital for data centers, personal computers, mobile devices, and the automotive industry. Micron's recent earnings performance shows a strong upward trajectory in both EPS and revenue. For Q4 2025, the company reported EPS of $4.78 against an estimate of $3.96, and revenue of $13.64 billion. This followed Q3 2025 results of $3.03 EPS versus an estimate of $2.86, with revenue at $11.32 billion. The trend continues with Q2 2026 reporting an EPS of $12.20 against an estimate of $8.65, and revenue of $23.86 billion, significantly exceeding expectations. Q1 2026 also showed strong performance with EPS of $4.78 against an estimate of $4.07, and revenue of $13.64 billion. This indicates a consistent pattern of significant beats on both EPS and revenue estimates over the last four reported quarters, with accelerating growth. Historically, Micron has demonstrated a robust year-over-year growth trajectory, particularly in recent periods, driven by the booming artificial intelligence sector. Recent news emphasizes Micron's pivotal role in the AI revolution, with its High-Bandwidth Memory (HBM) chips reportedly allocated through 2026, and the company achieving a market capitalization nearing $1 trillion. Developments include commencing manufacturing of advanced 1-alpha DRAM domestically and being highlighted as a high-growth and bargain AI stock. Investors should watch for continued strength in memory chip prices, the impact of expanded domestic production capacity, and Micron's ability to sustain its rapid growth and meet the escalating demand driven by AI infrastructure buildout in the upcoming quarters.

EPS

EstBeatMiss
$-1.05$4.68$10.40$16.12$21.85Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$19.21 - -
Q2'26$8.65$12.20+41.0%
Q1'26$4.07$4.78+17.4%
Q4'25$3.96$4.78+20.7%
Q3'25$2.86$3.03+5.9%
Q2'25$1.59$1.91+19.8%

Revenue

EstBeatMiss
$5.5B$13.8B$22.1B$30.4B$38.7BQ2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$34.9B - -
Q2'26$19.2B$23.9B+24.3%
Q1'26$13.2B$13.6B+3.1%
Q4'25 - $13.6B -
Q3'25 - $11.3B -
Q2'25 - $9.3B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

MU Stock Snapshot

MU is currently trading at $965.10, giving Micron Technology, Inc. a market cap of 846.93B and a P/E ratio of 35.1. Today's range spans $912.80–$965.99, with shares opening at $938.25 and moving up $50.57 (5.5%) from the prior close. DailyIQ's technical score sits at 100/100 (BUY) with a news sentiment reading of 88/100.

Over the past year MU has traded between $90.93 and $818.67 - the current price is +961.4% off the 52-week low and +17.9% from the high. 54 analysts cover the stock with a Buy consensus and a mean 12-month target of $613.23 (range $249.00–$1100.00), implying downside of -36.5%.

What stands out about MU right now isn't just the BUY signal - it's the combination: 100/100 technically, 88/100 in sentiment (bullish), and 846.93B in market cap providing the structural liquidity that keeps moves credible. Price: $965.10 (near 52-week highs within $90.93–$818.67). (P/E: 35.1) In Technology, mega-cap names with this profile tend to lead during risk-on phases and hold relative to peers during risk-off - a setup worth tracking closely.

The 52-week range of $90.93–$818.67 tells the structural story: MU has demonstrated it can hold ground at the low end and extend meaningfully at the high. At $965.10 and near 52-week highs, the stock is in territory where momentum-driven capital tends to press positions rather than take profits — especially when news sentiment (88/100, bullish) isn't providing a reason to rotate out.