/Micron%20Technology%20Inc_%20logo%20on%20building-by%20vzphotos%20vis%20iStock.jpg)
With a market cap of $124.5 billion, Micron Technology, Inc. (MU) is a global leader in innovative memory and storage solutions through its brands Micron, Crucial, and Ballistix. The company designs, manufactures, and markets high-performance DRAM, NAND, NOR Flash, and other advanced memory technologies serving data center, mobile, automotive, and consumer markets worldwide.
Analysts expect the Boise, Idaho-based company to report an EPS of $2.32 in Q4 2025, a 134.3% growth from $0.99 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in the past four quarters.
For fiscal 2025, analysts forecast the memory giant to report EPS of $6.99, marking a significant increase from $0.58 in fiscal 2024.
Shares of Micron Technology have risen 1.7% over the past 52 weeks, lagging behind the broader S&P 500 Index's ($SPX) 17.1% gain and the Technology Select Sector SPDR Fund's (XLK) 22.1% return over the same period.
Micron reported a strong fiscal Q3 2025 report on Jun. 25 that beat Wall Street expectations, with revenue surging 37% year-over-year to $9.3 billion and adjusted EPS jumping 208% to $1.91. The surge was driven by explosive demand for high-bandwidth memory (HBM) used in AI accelerators, with HBM revenue growing 50% quarter-over-quarter and overall data center revenue more than doubling year-over-year. Investor optimism was further fueled by strong forward guidance, including Q4 revenue projected at $10.4 billion - $11 billion and adjusted EPS of $2.35 - $2.65. However, the stock fell nearly 1% the next day.
Analysts' consensus view on MU stock remains bullish, with a "Strong Buy" rating overall. Out of 33 analysts covering the stock, 23 recommend a "Strong Buy," four have a "Moderate Buy," five "Holds," and one "Strong Sell." As of writing, the stock is trading below the average analyst price target of $149.88.
