Although the revenue and EPS for Micron (MU) give a sense of how its business performed in the quarter ended November 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Micron Technology, Inc. is one of the few companies walking the talk on AI, guiding for adjusted profit to almost double sequentially from $4.78 to $8.42 and $4-5B top-line upside in Q2. Everyone knows that MU is extremely well-positioned due to the memory-bound nature of AI build-out, but we don't think markets recognize that Micron has more leverage in the bank. Unlike Nvidia and Broadcom, Micron just reported a gross margin of 56.8%, up from 45.7% last quarter, and is guiding for 68% next quarter, with more growth expected in FY26.
This marks the fourth-straight down-day for the blue-chip Dow and the comprehensive S&P 500.
Micron (MU) came out with quarterly earnings of $4.78 per share, beating the Zacks Consensus Estimate of $3.91 per share. This compares to earnings of $1.79 per share a year ago.
Worries about an AI bubble have weighed on the tech sector lately. Micron is still riding the AI boom higher.
Micron Technology reported fiscal first-quarter results that beat Wall Street expectations for sales and earnings per share. Micron shares rose in extended trading.
Micron has been a victim of souring AI sentiment lately, but its upbeat outlook has Wall Street now feeling better about the path forward.
Micron Technology Inc (NASDAQ:MU) on Wednesday posted stronger-than-expected fiscal first-quarter results and forecast robust growth for the next quarter, sending shares up 5.4% in after-hours trading. The memory chip maker reported revenue of $13.64 billion for Q1'26, beating analysts' estimates of $12.95 billion.
The memory-chip maker posted a quarterly profit of $5.24 billion, up from $1.87 billion a year earlier.
Kim Forrest, CIO of Bokeh Capital Partners, says she expects a strong near-term outlook for Micron as demand for its DRAM products remains robust. She discusses the company's momentum with Caroline Hyde on “Bloomberg Tech.
As 2025 comes to a close, the technology sector is once again outperforming all 11 S&P 500 sectors, thanks largely to the ongoing AI boom. The sector has climbed more than 24% this year, fueled by surging demand for artificial intelligence.
Micron Technology ( NASDAQ:MU ) is scheduled to release its fiscal first-quarter earnings today after the market closes, and Wall Street is expecting nothing short of spectacular.