Micron guided to USD 61.50 billion. Micron Technology stock sits 28.26 percent below its high

Published on 10/26/2026 at 12:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal Q4 revenue reached USD 54.23 billion, up 379.30 percent year over year. Micron Technology stock costs EUR 791.05 on October 26, 2026, 0.15 percent below the Xetra close.

Fiscal outlook and shareholder dates

Micron guided to USD 61.50 billion in fiscal first-quarter 2027 revenue on September 30, 2026.
Fiscal fourth-quarter revenue reached USD 54.23 billion, up 379.30 percent from the year-earlier period.
Micron Technology stock trades at EUR 791.05 at 12:17 p.m. CET at Lang & Schwarz on October 26, 2026, 0.15 percent below the Xetra close of October 23, 2026.
The quarterly dividend of USD 0.15 per share is payable on October 29, 2026.

Micron Technology, US5951121038, Illustration mit AI erstellt.

Micron Technology (ISIN US5951121038) was trading at EUR 791.05 at Lang & Schwarz on October 26, 2026, at 12:17 p.m. CET, 0.15 percent below the Xetra close of October 23, 2026 at EUR 792.20. On September 30, 2026, Micron Technology reported record fiscal 2026 results and guided to USD 61.50 billion in fiscal first-quarter 2027 revenue, plus or minus USD 1.50 billion.

Fiscal 2027 starts higher

The guidance follows fiscal fourth-quarter revenue of USD 54.23 billion for the period ended September 3, 2026. That was up 31.00 percent from the prior quarter's USD 41.46 billion and 379.30 percent from USD 11.32 billion a year earlier, calculated from the figures in the company release.

GAAP net income reached USD 37.70 billion in fiscal Q4 2026, while non-GAAP diluted earnings per share came to USD 33.42. The company also reported USD 43.97 billion in quarterly operating cash flow. Those figures give the revenue outlook a substantial earnings and cash-flow base.

What does the guidance mean for margins?

Investing.com reported on September 30, 2026, that management expects non-GAAP gross margin of 86.25 percent and non-GAAP diluted earnings per share of USD 38.15, plus or minus USD 1.00, for fiscal Q1 2027. The comparison is important because fiscal Q4 non-GAAP gross margin was 87.00 percent, leaving the new outlook 0.75 percentage points lower while revenue is guided higher.

The same transcript described capital spending, new manufacturing capacity and tighter memory supply as central parts of the outlook. That creates a clear trade-off: stronger pricing and AI-related demand support revenue, while expansion spending raises the execution burden.

Key dates for shareholders

The company release dated September 30, 2026, said Micron's board declared a quarterly dividend of USD 0.15 per share, payable on October 29, 2026, to shareholders of record as of October 14, 2026. The earnings materials also stated that Micron plans to increase capital return from December 9, 2026, according to Investing.com.

Stock remains below yearly high

At EUR 791.05, the Lang & Schwarz quote was 28.26 percent below the EUR 1,102.60 52-week high and above the EUR 167.66 52-week low, both as of October 26, 2026. The market capitalization was EUR 893.4 billion on the same date.

Micron Technology was trading at EUR 791.05 at Lang & Schwarz on October 26, 2026, at 12:17 p.m. CET, minus 0.15 percent versus the Xetra close of October 23, 2026 at EUR 792.20. The further course of trading is shown by the continuously updated real-time quote of Micron Technology stock.