Micron stock holds firm after a $41.46 billion quarter

Micron stock is trading with a $1.05 trillion market cap as investors weigh a $41.46 billion quarter, $25.11 EPS, and Q4 guidance of $30 to $32 per share.

Micron Technology (ISIN US5951121038) is supported by a market value of $1.05 trillion, and the latest reported quarter brought $41.46 billion in revenue and $25.11 in earnings per share. The company also guided fiscal Q4 2026 EPS to $30 to $32, keeping the current debate centered on whether that pace can hold.

Why the quarter matters

The quarter ended with revenue up 346% from $9.30 billion a year earlier, while net income reached $28.24 billion. That is a large enough jump to keep memory pricing and AI-related demand at the center of the Micron story.

Wall Street expectations in the same reporting cycle were lower, with revenue at $35.91 billion and EPS at $21.39, so the quarter delivered a clear beat on both lines. For investors, the comparison is more useful than the headline figure alone.

Market view today

The stock was quoted at $932.59 on August 30, 2026, with a $-4.15 move and a $1.06 trillion market cap on the same market snapshot. A 52-week range of $925.92 to $1,255.00 leaves the shares closer to the lower end of that band than to the peak.

Consensus tracking in the market data snapshot points to a Buy rating and an average target price of $1,295.63, while one current overview also puts current-year earnings expectations at 72.93 per share. That gap between the market price and the consensus target is the part traders will keep watching.

Read more

Micron memory boom report adds more color on the companys latest quarter and valuation.

Microns memory products

Microns high-bandwidth memory and cloud-memory business have become the clearest product story, with recent reporting pointing to strong AI infrastructure demand. That product mix is now more important than the older cyclical memory playbook.

Price and trading level

Micron stock traded at $932.59 on August 29, 2026, after a $-4.15 move in the latest snapshot. The quote sits below the 52-week high of $1,255.00 and above the 52-week low of $925.92.

Fact box

Company: Micron Technology, Inc.
ISIN: US5951121038
Ticker: MU
Exchange: NASDAQ
Price (as of August 29, 2026, 12:01 a.m. ET): $932.59 USD
Market cap: $1.06 trillion (as of August 30, 2026)
Sector / Industry: Information Technology / Semiconductors
Index membership: Nasdaq-100
Next earnings date: September 30, 2026