Micron Q4 Preview: Analysts See $35.8B Profit, $51.3B Revenue as Memory Crunch Debate Rages
MU has more than doubled off its 52-week low of $159.971 on light trading volume (0.4× avg).
Summary
Micron reports fiscal Q4 results after the close Wednesday, with analysts expecting profit of $35.79B, adjusted EPS of $31.72, and revenue of $51.33B — all massive year-over-year jumps from $3.2B, $3.03, and $11.32B respectively. The stock is up 1.5% at $1,069.74 and has nearly quadrupled this year. The key debate is how long the memory shortage can last: Morgan Stanley sees multiple years of tightness, while D.A. Davidson argues the memory cycle is not over and Micron's valuation is too cheap. This follows a year of blowout earnings driven by AI infrastructure demand, with the company having secured $100B in long-term supply deals and committing $250B to U.S. manufacturing. The report will test whether the stock's massive run can continue or if investors start pricing in a cyclical peak.
At the time of this announcement, MU was trading at $1,070.56 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.2T. The 52-week trading range was $159.97 to $1,255.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.