Yahoo · Sep 20, 2026
Should You Buy Micron Stock Before Its Next Earnings Report?
Micron reports fiscal fourth-quarter earnings on Sept. 30.
NASDAQ · MU
Micron Technology, Inc.
Technology · Semiconductors
$1,015.80
Up+$38.30 (+3.92%)
Updated Sep 20, 2026, 4:25 PM
SID Score
7.6/10
Composite research score
Smart Money
42/100
Neutral
- Market cap
- 288.44B
- P/E ratio
- 33.78
- Dividend yield
- 0.05%
- 52-week range
- $221.69 – $1,255.00
- Volume
- 35.8M
- Avg. volume
- 26.37M
Price performance
MU price history
1M range · 19 trading sessions · Daily adjusted prices
MU closed at $1,015.80 after 19 trading sessions, up 11.57% for the selected period.
- Last close
- $1,015.80
- Period change
- +11.57%
- Period low
- $910.43
- Period high
- $1,027.77
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 18, 2026 | $984.715 | $1,016.44 | $977.83 | $1,015.80 | 35.8M |
| Sep 17, 2026 | $954.565 | $986.20 | $953.50 | $977.50 | 22.09M |
| Sep 16, 2026 | $934.23 | $941.20 | $917.64 | $926.55 | 20.21M |
| Sep 15, 2026 | $937.50 | $944.94 | $920.13 | $927.60 | 20.43M |
| Sep 14, 2026 | $906.03 | $932.21 | $902.60 | $924.03 | 27.14M |
| Sep 11, 2026 | $993.195 | $993.99 | $967.38 | $975.26 | 21.74M |
| Sep 10, 2026 | $997.00 | $999.00 | $973.50 | $977.41 | 26.23M |
| Sep 9, 2026 | $998.805 | $1,042.40 | $992.29 | $1,027.77 | 23.81M |
| Sep 8, 2026 | $1,036.40 | $1,041.07 | $997.62 | $1,000.26 | 26.6M |
| Sep 4, 2026 | $971.335 | $1,017.77 | $969.00 | $1,016.59 | 35.25M |
| Sep 3, 2026 | $956.91 | $959.76 | $918.8801 | $958.16 | 24.18M |
| Sep 2, 2026 | $930.825 | $958.00 | $927.1569 | $956.08 | 21.44M |
| Sep 1, 2026 | $941.125 | $969.44 | $922.39 | $933.44 | 27.76M |
| Aug 31, 2026 | $931.39 | $959.9699 | $930.79 | $958.73 | 22.57M |
| Aug 28, 2026 | $919.29 | $946.7999 | $909.09 | $932.86 | 22.89M |
| Aug 27, 2026 | $967.01 | $968.71 | $906.89 | $935.39 | 28.84M |
| Aug 26, 2026 | $925.74 | $945.7499 | $924.60 | $938.40 | 18.72M |
| Aug 25, 2026 | $928.975 | $946.67 | $916.30 | $932.97 | 19.16M |
| Aug 24, 2026 | $934.78 | $936.45 | $887.605 | $910.43 | 30.01M |
Latest MU news
The latest Smart Investors Daily articles mentioning MU.
Stock researchCompany · Overview
MU research
Overview
Company profile and research snapshot.
Company profile
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $234.82
- Implied upside
- —
- Analysts
- 30
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 18, 2026 | RBC Capital | Outperform | — |
| Aug 25, 2026 | Mizuho | Outperform | — |
| Aug 7, 2026 | Citigroup | Buy | — |
| Jul 14, 2026 | Keybanc | Overweight | — |
| Jun 29, 2026 | Cantor Fitzgerald | Overweight | — |
News briefing
No generated briefing is available yet.
SeekingAlpha · Sep 20, 2026
Micron: Likely Dead Money From Here
Micron sees record AI-driven memory results, but peak margins and ASPs may normalize. Click for more on MU stock.
SeekingAlpha · Sep 20, 2026
ADX Vs. GPIX: Old School Equity Fund Outperforms Newfangled Covered Call ETF
ADX vs. GPIX: compare total returns, 8% yields, expenses, and covered-call income. Learn which fund fits your goalsâgrowth or monthly income. Click for more.
Yahoo · Sep 20, 2026
3 AI Infrastructure Stocks Riding The White House Push Into Data Centers
A new White House “AI tsar,” an AI Force, and a clear pledge to avoid rules that could slow artificial intelligence have pushed this theme from niche talking point to front-page story for anyone watching US tech. Policy tailwinds can reshape expectations quickly. This piece walks through three stocks from our US AI Hyperscalers & Semiconductor Leaders screener that appear most exposed to this shift and explains what that might mean for your watchlist. The three stocks below are just a starter...
AI research layers
Interpretive context generated from the platform’s current data sources.
Micron Technology Stock Performance
Micron Technology shares have demonstrated significant strength over the trailing twelve months, surging 321.25% per SID market data. The stock currently trades at $1,015.80, well above both its 50-day moving average of $927.26 and its 200-day moving average of $660.14, confirming a sustained uptrend across multiple timeframes. Over the past month, MU gained 8.4%, though the three-month return shows a decline of 10.42%, suggesting interim volatility within the broader rally. The 14-day relative strength index sits at 61.0, indicating moderate bullish momentum without entering overbought territory. Micron carries a beta of 1.548, reflecting substantially higher volatility than the broader market. Average daily trading volume stands at approximately 26.4 million shares, according to Massive/Polygon data. The company's market capitalization currently totals approximately $288.4 billion, positioning it among the largest semiconductor firms globally.
Micron Technology Valuation Analysis
Micron Technology currently trades at a price-to-earnings ratio of 33.78, according to SID market data, reflecting a premium valuation relative to its historical cyclical norms as the memory semiconductor market enters an upcycle driven by AI-related demand. The PEG ratio stands at 0.92, per SEC filings and consensus estimates, suggesting the stock's earnings growth rate may justify its elevated multiple, as a PEG below 1.0 is generally considered indicative of reasonable valuation relative to growth. The price-to-book ratio registers at 5.33, a notable premium to tangible asset value that reflects market expectations for sustained profitability improvement. Micron's dividend yield sits at a modest 0.18%, consistent with the company's capital allocation strategy that prioritizes reinvestment and capacity expansion. Within the broader Technology sector, Micron's valuation metrics reflect investor confidence in the structural demand trajectory for high-bandwidth memory and DRAM products.
Smart Money Activity for MU
Micron Technology's composite smart money score stands at 42 out of 100 with a neutral signal, according to SID market data, reflecting mixed sentiment across institutional and insider channels. The institutional component scores a perfect 25 out of 25, indicating robust demand from large asset managers and hedge funds maintaining or increasing positions. However, the insider trading component registers at 0 out of 25, driven by a notably one-sided pattern: SEC Form 4 filings reveal 20 insider transactions over the past 90 days, all of which were sales with zero insider purchases recorded during the period. Dark pool activity scores 13.1 out of 25, suggesting moderate off-exchange institutional interest. Congressional trading activity registers at 4.4 out of 25, indicating minimal legislative-linked positioning. The divergence between strong institutional accumulation and persistent insider selling creates a mixed directional signal, with insiders potentially monetizing gains following the stock's substantial twelve-month appreciation of over 321%.
Micron Technology Earnings Outlook
Micron Technology delivered a substantial earnings beat in its most recently reported quarter, posting actual results of $25.11 per share against consensus estimates of $20.20, representing a positive surprise of $4.91 or approximately 24.3%, according to company earnings reports. This outperformance underscores the accelerating demand environment for memory and storage products. Looking ahead, analyst estimates project significant sequential earnings growth. The upcoming quarter carries a consensus estimate of $8.42 per share, while subsequent quarters project estimates of $31.26 and $31.33, per analyst consensus data, reflecting expectations of continued margin expansion and volume growth driven by AI infrastructure buildouts. The trajectory from $25.11 in reported results to forward estimates exceeding $31.00 implies analysts anticipate sustained revenue acceleration and improving profitability as high-bandwidth memory shipments scale to meet data center demand.
Wall Street Analyst Ratings for MU
Wall Street consensus on Micron Technology remains uniformly bullish, with all recent analyst actions reiterating positive ratings, according to SID consensus data. In September 2026, RBC Capital maintained its Outperform rating, while Mizuho reiterated its Outperform stance in August. Citigroup reaffirmed a Buy rating in August, and KeyBanc maintained its Overweight recommendation in July. Cantor Fitzgerald similarly reiterated an Overweight rating in late June. Notably, none of the five most recent analyst actions involved a downgrade or a shift to a neutral or negative stance, reflecting broad institutional confidence in Micron's positioning within the AI-driven memory upcycle. The consistency of these reiterated ratings following the company's $4.91 earnings surprise suggests analysts view the fundamental trajectory as intact. With zero downgrades across the trailing three-month period per Wall Street analyst reports, the sell-side consensus remains decisively constructive on MU shares at current levels.
