Micron has delivered one of the year's most impressive performances, with shares rising more than 180% year-to-date.
MU, SANM and PAHC made it to the Zacks Rank #1 (Strong Buy) growth stocks list on Dec. 16, 2025.
Micron Technology (NASDAQ:MU) has shown remarkable performance, with its stock rising approximately 170% year-to-date, establishing it as a prominent player in the semiconductor sector. This surge is primarily fueled by the boom in Artificial Intelligence (AI) infrastructure and its wider impact on the memory market.
Micron Technology is set to report earnings after the market closes Wednesday, with traders expecting a big move in the memory chip maker's stock.
Micron Technology Inc (NASDAQ:MU) has earned a price target lift from Wedbush analysts ahead of its fiscal first quarter earnings on Wednesday, with the firm pointing to stronger-than-expected improvements in memory industry pricing and a more favorable margin outlook. The firm raised its 12-month price target on the chipmaker to $300 from $220 while reiterating an ‘Outperform' rating.
I'm downgrading Micron Technology, Inc. to a Hold ahead of its fiscal Q1 '26 release, despite strong AI-driven fundamentals and a 186.5% YTD rally. MU's pivot from consumer to enterprise DRAM/HBM, driven by AI and data center demand, supports a structurally bullish long-term thesis. DRAM and NAND pricing is surging amid supply constraints, but MU's near-term risk-reward is unfavorable given high expectations and recent sector volatility.
MU's DRAM revenues are likely to surge 58% year over year in Q1 as AI workloads boost demand for high-performance memory.
Wall Street expects Micron to report earnings per share between $3.77 and $3.94, representing more than double the $1.79 posted in the same period last year.
Micron Technology (MU) is refocusing on high-margin Cloud Memory, leveraging robust demand from hyperscalers and strong HBM chip adoption. MU's Cloud Memory business, with 59% gross and 48% operating margins, is expected to drive margin expansion as product mix shifts away from Mobile & Client. I reiterate a Buy rating on MU with a $311 price target, based on 10.18x eFY27 EV/aEBITDA, reflecting durable growth and reduced cyclicality.
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Get a deeper insight into the potential performance of Micron (MU) for the quarter ended November 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Zacks.com users have recently been watching Micron (MU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.