Yahoo Finance Analysis: Micron Technology (MU) will release its earnings report on September 30. If the results exceed expectations, the stock price could surge to $1,500.
Yahoo Finance analysis indicates that Micron Technology will release its Q4 FY2026 earnings report after the market closes on September 30. Management guidance projects the company's Q4 revenue to increase by 341% year-over-year to $50 billion, with earnings per share rising by 985% to $30.73. Wall Street's average expectation for Q1 FY2027 sales is $56.6 billion. Analysts believe that if official results surpass these expectations, Micron's stock price could surge, potentially reaching $2,900 within the next 12 months. However, there are market concerns about the sustainability of the data center spending boom, as rapidly increasing costs are leading many large organizations to limit AI usage. Micron's stock closed at $977.41 on September 10.
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