Micron Technology, Inc. shares fell 1.61% in the most recent trading session, trailing the S&P 500.
Micron Technology, Inc. shares closed the most recent trading day at $1,000.26, representing a 1.61% decrease from the previous session. The stock performance trailed the S&P 500, which saw a daily loss of 0.58%.
Show the rest of this summary
During the same period, the Dow Jones Industrial Average dropped 1.18% and the Nasdaq Composite Index decreased by 0.32%. In the last month, Micron Technology, Inc. shares increased by 18.07%, outperforming the Computer and Technology sector's gain of 0.12% and the S&P 500's loss of 0.36%. Market participants are preparing for the company's upcoming earnings release on September 30, 2026. Analysts project a quarterly earnings per share of $31.39, which is a 935.97% increase from the prior year's corresponding quarter. Revenue for the period is projected to reach $50.76 billion, a 348.58% increase from the year-ago period. For the full year, consensus estimates project earnings of $73.86 per share and revenue of $129.61 billion.
Sources
Paywall and unreadable sources
-
Micron Stock Pops on Fresh Memory-Chip Price Data
Barron's
-
Micron: Left In The Dirt As Peers Continue To Outperform It (NASDAQ:MU)
Seeking Alpha
-
Micron’s Crash May Set Up Another Leg Higher (NASDAQ:MU)
Seeking Alpha
-
Recent News From Nvidia and SK Hynix Reveals Exactly What the Market Expects for Micron Technology's Future
The Motley Fool