It should have been no surprise that Micron's NASDAQ: MU FQ3 earnings report was a blowout. Its position in the memory market, the normalization of end markets, and the rise of AI are driving business and indications across the spectrum are favorable.
At least three analysts had increased their price targets on the stock by early Thursday, with the average recommendation now standing at $141.
Micron Technology is breaking out of its cyclical stock mold, driven by unprecedented AI-fueled demand and disciplined supply management. Strong Q3 results, with revenue up 37% year-over-year and continued margin expansion, reinforce my buy rating and outlook for further upside. AI-driven data center demand is doubling, and Micron's proactive supply controls are stabilizing margins and reducing risk of oversupply cycles.
Micron Technology, Inc. (NASDAQ:MU ) Q3 2025 Post Earnings Analyst Conference Call June 25, 2025 6:00 PM ET Company Participants Manish H. Bhatia - Executive Vice President of Global Operations Mark J.
Micron Technology, Inc. (NASDAQ:MU ) Q3 2025 Earnings Conference Call June 25, 2025 4:30 PM ET Company Participants Mark J. Murphy - Executive VP & CFO Sanjay Mehrotra - CEO, President & Chairman Satya Kumar - Corporate VP of Investor Relations & Treasurer Conference Call Participants Christopher Caso - Wolfe Research, LLC Christopher James Muse - Cantor Fitzgerald & Co., Research Division Harlan L.
Micron Technology, Inc. Q3 '25 report confirmed that it's all about DRAM, and that's a good thing with DRAM content growing substantially with AI servers and benefiting from an upcoming PC refresh cycle. Management is guiding for their HBM share to match their DRAM market share, which means roughly 24.3% of the market. Better pricing should continue to support gross margins, which expanded this quarter sequentially.
Although the revenue and EPS for Micron (MU) give a sense of how its business performed in the quarter ended May 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Micron (MU) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $0.62 per share a year ago.
Micron Technology, Inc. reported Q3 earnings after the close Wednesday. The stock is up around 4% as investors process continued strength in DRAM and recovery in NAND. MU remains in a strong position going into Q4 2025 and FY2026 due to tight inventories and favorable pricing.
Micron Technology Inc.'s earnings results for the May quarter came in above Wall Street's expectations Wednesday, as demand for artificial-intelligence chips boosts sales for its high-bandwidth memory chips.
Micron Technology (MU) reported record quarterly revenue as data center sales more than doubled year-over-year on AI-driven demand.
Micron beat on the top and bottom lines for the fiscal third quarter. The stock rose in extended trading.