Micron Technology, Inc. (NASDAQ:MU) Surpasses Earnings Expectations
- Micron Technology, Inc. (NASDAQ:MU) reported earnings per share of $1.91, beating the estimated $1.59, driven by a surge in demand for AI applications.
- The company's revenue reached approximately $9.3 billion, surpassing expectations due to the increasing need for memory and storage solutions in AI.
- Despite a slight decline of 0.52% in Micron's stock, the third-quarter earnings report led to a 4% increase in its stock price, highlighting the company's strong performance and future potential.
Micron Technology, Inc. (NASDAQ:MU) is a leading player in the semiconductor industry, specializing in memory and storage solutions. The company is known for its dynamic random-access memory (DRAM) and NAND flash memory products, which are essential components in various electronic devices. Micron's competitors include companies like Samsung and SK Hynix, which also operate in the memory and storage market.
On June 25, 2025, Micron reported earnings per share of $1.91, surpassing the estimated $1.59. This strong performance is attributed to a surge in demand driven by advancements in artificial intelligence, as highlighted by The Motley Fool. The company's revenue also exceeded expectations, reaching approximately $9.3 billion compared to the estimated $8.85 billion. This growth is largely due to the increasing need for memory and storage solutions in AI applications.
Despite the promising growth in AI, Micron's stock saw a slight decline of 0.52%. However, the company's third-quarter earnings report led to a 4% increase in its stock price, as investors reacted positively to its performance. The report highlighted continued strength in DRAM and a recovery in NAND, positioning Micron favorably as it moves into the fourth quarter of 2025 and fiscal year 2026.
Micron's data center revenue more than doubled in the third quarter, contributing to a 37% increase in total sales from $6.81 billion a year ago. This surge in demand is largely attributed to the booming market for high bandwidth memory (HBM), driven by advancements in artificial intelligence. The company benefits from tight inventories and favorable pricing, which are expected to support its growth trajectory.
Micron's financial metrics provide insight into its market valuation and operational efficiency. The company's price-to-earnings (P/E) ratio is approximately 30.37, indicating the price investors are willing to pay for each dollar of earnings. Its price-to-sales ratio stands at about 4.54, reflecting the market's valuation of its revenue. Additionally, the enterprise value to sales ratio is around 4.78, providing insight into the company's valuation relative to its sales, including debt and excluding cash.
| Symbol | Price | %chg |
|---|---|---|
| AMD.BA | 20975 | -0.48 |
| TXN.BA | 52100 | 0.19 |
| 000660.KS | 273500 | 0 |
| LRCX.BA | 2560 | 0 |
Micron Posts Strong Q3 Beat and Bullish AI-Driven Guidance
Micron Technology (NASDAQ:MU) delivered stronger-than-expected fiscal third-quarter results and issued upbeat guidance, fueled by surging demand for AI-related memory products.
The company reported adjusted earnings of $1.91 per share on $9.3 billion in revenue, topping analyst estimates of $1.59 EPS and $8.84 billion in revenue. A key driver of the performance was a nearly 50% sequential jump in sales of high-bandwidth memory (HBM) chips—crucial components in AI data centers that support next-gen computing workloads.
Looking ahead, Micron provided fourth-quarter revenue guidance of $10.7 billion, plus or minus $300 million, well above the $9.88 billion Wall Street consensus. The strong forecast highlights the company's increasing leverage to AI infrastructure growth, with HBM demand emerging as a major revenue catalyst.
The upbeat results and guidance reinforce Micron’s positioning as a key supplier in the AI-driven semiconductor cycle, with investors responding positively to the accelerating momentum in high-performance memory solutions.
Micron Technology (NASDAQ:MU) Overview and Analyst Ratings
Micron Technology (NASDAQ:MU) is a leading player in the semiconductor industry, specializing in memory and storage solutions. The company is known for its dynamic random-access memory (DRAM) and NAND flash memory products, which are essential components in various electronic devices. Micron competes with other major semiconductor companies like Samsung and SK Hynix.
On June 26, 2025, Raymond James maintained its "Outperform" rating for Micron, with the stock priced at approximately $126.56. This rating suggests that Raymond James expects Micron to perform better than the overall market. The firm also raised its price target for Micron from $120 to $150, indicating confidence in the company's future growth prospects.
Following Micron's recent earnings report, several analysts have shown increased optimism. At least three analysts have raised their price targets, with the average recommendation now at $141. This reflects Wall Street's positive sentiment towards Micron's performance, as highlighted by the stock's recent gains.
Despite the positive outlook, Micron's stock price has seen a slight decrease of about 0.75%, or $0.95, bringing it to approximately $126.30. The stock has traded between a low of $124.33 and a high of $130.05 today. Over the past year, Micron's stock has experienced significant fluctuations, with a high of $137.39 and a low of $61.54.
Micron Technology's market capitalization is approximately $141.14 billion, indicating its substantial size in the semiconductor industry. The trading volume for the day is around 32.08 million shares, reflecting active investor interest. As Micron continues to navigate the competitive landscape, its performance remains closely watched by analysts and investors alike.
Micron Technology, Inc. (NASDAQ:MU) Quarterly Earnings Preview
- Wall Street analysts estimate an earnings per share (EPS) of $1.57 and revenue of approximately $8.83 billion for the upcoming quarterly earnings.
- Expected consensus revenue of $8.86 billion marks a 30% increase year-over-year, with adjusted net income predicted to rise significantly.
- Micron's stock has seen nearly 50% growth in 2025, buoyed by its partnership with Nvidia and strong analyst ratings.
Micron Technology, Inc. (NASDAQ:MU) is a leading figure in the semiconductor industry, specializing in memory and storage solutions. As the company gears up for its quarterly earnings release on June 25, 2025, expectations from Wall Street analysts are notably high. They forecast an EPS of $1.57 and anticipate revenues to hit around $8.83 billion.
Analysts remain bullish on Micron's outlook, projecting that the company's profits will more than double from the previous year. The consensus estimates suggest that Micron will unveil revenue of $8.86 billion, a 30% increase year-over-year. This surge is backed by an expected adjusted net income of $1.86 billion, or $1.61 per share, a significant leap from $702 million, or $0.62 per share, reported a year earlier.
The company's shares have witnessed a remarkable upswing, appreciating nearly 50% in value throughout 2025. This uptrend is partially credited to its collaboration with Nvidia (NVDA), which announced better-than-expected quarterly revenue in March, fueled by a tripling in data center sales amid growing demand for AI technologies. Out of the 11 analysts covering Micron, nine have issued a “buy” rating, indicating strong confidence in its future performance.
In light of Micron's impending fiscal third-quarter earnings, analysts at Wedbush have revised their price target for the stock upwards from $130 to $150. This adjustment reflects the robust fundamentals observed in the memory market and a significant shift propelled by high-bandwidth memory (HBM) technology. Wedbush now values Micron at 11 times its EPS estimates, surpassing the usual cycle highs for a memory stock.
An examination of Micron's financial indicators reveals its competitive stance in the market. The company boasts a price-to-earnings (P/E) ratio of approximately 29.50, showcasing the premium investors are willing to pay per dollar of earnings. Its price-to-sales ratio is pegged at about 4.41, denoting the valuation placed on each dollar of sales. Furthermore, the enterprise value to sales ratio stands at roughly 4.65, providing insights into the company's valuation in comparison to its revenue.
Micron Technology, Inc. (NASDAQ:MU) Maintains Equal-Weight Rating from Wells Fargo
Micron Technology, Inc., a leading name in the semiconductor industry, is renowned for its memory and storage solutions. The company's expertise in dynamic random-access memory (DRAM) and NAND flash memory products positions it as a key competitor against giants like Samsung and SK Hynix.
On April 28, 2025, Wells Fargo reaffirmed its Equal-Weight rating on Micron, advising investors to hold onto the stock, which was then priced at $78.56. Despite this recommendation, Micron's shares have experienced a 9.8% decline over the past month, a more significant drop than the 4.3% fall seen in the Zacks S&P 500 composite.
The Zacks Computer - Integrated Systems industry, which Micron is a part of, has also seen a 10.9% decrease during the same timeframe. This suggests that Micron's performance is in line with broader industry trends. Currently, the stock's price stands at $78.56, down 1.53% or $1.22, with today's trading range between $76.92 and $79.60.
Micron boasts a market capitalization of approximately $87.8 billion, with a trading volume of 16.8 million shares. The stock has witnessed significant volatility over the past year, with a peak of $157.54 and a trough of $61.54. According to Zacks, shifts in earnings estimates are pivotal for gauging Micron's future trajectory, serving as essential indicators of the company's growth potential.
Micron Technology, Inc. (NASDAQ:MU) Maintains Equal-Weight Rating from Wells Fargo
Micron Technology, Inc., a leading name in the semiconductor industry, is renowned for its memory and storage solutions. The company's expertise in dynamic random-access memory (DRAM) and NAND flash memory products positions it as a key competitor against giants like Samsung and SK Hynix.
On April 28, 2025, Wells Fargo reaffirmed its Equal-Weight rating on Micron, advising investors to hold onto the stock, which was then priced at $78.56. Despite this recommendation, Micron's shares have experienced a 9.8% decline over the past month, a more significant drop than the 4.3% fall seen in the Zacks S&P 500 composite.
The Zacks Computer - Integrated Systems industry, which Micron is a part of, has also seen a 10.9% decrease during the same timeframe. This suggests that Micron's performance is in line with broader industry trends. Currently, the stock's price stands at $78.56, down 1.53% or $1.22, with today's trading range between $76.92 and $79.60.
Micron boasts a market capitalization of approximately $87.8 billion, with a trading volume of 16.8 million shares. The stock has witnessed significant volatility over the past year, with a peak of $157.54 and a trough of $61.54. According to Zacks, shifts in earnings estimates are pivotal for gauging Micron's future trajectory, serving as essential indicators of the company's growth potential.
Micron Beats Q2 Estimates, But Mixed Q3 Outlook Pushes Stock Down
Micron Technology (NASDAQ:MU) topped second-quarter expectations, driven by surging demand from data center and consumer markets, but a mixed third-quarter outlook pushed the stock down more than 3% in pre-market today.
The memory chipmaker reported Q2 earnings per share of $1.56, beating analyst estimates of $1.44. Revenue climbed to $8.05 billion, exceeding the consensus forecast of $7.91 billion, reflecting continued strength across DRAM and NAND products.
While Micron's management expressed confidence in a strong year ahead—highlighting expectations for record Q3 revenue and improved profitability in fiscal 2025—investors were met with mixed guidance for the upcoming quarter.
The company forecasts Q3 revenue between $8.6 billion and $9 billion, ahead of the $8.48 billion consensus, but guided EPS between $1.47 and $1.67, below expectations of $1.79.
Micron also projects a gross margin of 36.5%, down 200 basis points from the prior quarter and below the Street estimate of 38.7%, raising concerns about short-term pressure on profitability despite strong top-line momentum.
