Micron Technology reports record results. Micron Technology stock falls 2.03 percent
Published on 10/07/2026 at 15:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Micron Technology (ISIN US5951121038) was trading at EUR 909.55 at Lang & Schwarz on October 7, 2026 at 3:34 p.m. CEST, down 2.03 percent versus the prior close of EUR 928.35. The company reported record fiscal fourth-quarter and full-year 2026 results on September 30, 2026, giving Micron Technology stock a fresh earnings benchmark even as the session price moved lower.
Record revenue resets the scale
According to Micron Technology on September 30, 2026, fiscal 2026 revenue reached USD 133.19 billion, compared with USD 37.38 billion in fiscal 2025. That equals growth of 256.33 percent and marks a sharp change from the prior year's earnings base.
Fiscal 2026 GAAP net income rose to USD 84.97 billion from USD 8.54 billion, while operating cash flow increased to USD 89.68 billion from USD 17.53 billion. The company also reported adjusted free cash flow of USD 62.31 billion for the fiscal year, a figure that gives investors a direct measure of cash generation after capital spending.
Guidance stays ahead of expectations
The fiscal fourth quarter ended September 3, 2026, with revenue of USD 54.23 billion versus USD 11.32 billion a year earlier. The year-over-year increase was 379.47 percent, while non-GAAP diluted earnings per share reached USD 33.42.
Micron's outlook for the fiscal first quarter of 2027 calls for revenue of USD 61.50 billion plus or minus USD 1.50 billion and non-GAAP diluted earnings per share of USD 38.15 plus or minus USD 1.00. According to Yahoo Finance on October 5, 2026, Morgan Stanley cited consensus estimates of USD 57.40 billion in revenue and USD 35.47 in earnings per share for the quarter. The guidance therefore stands USD 4.10 billion above the cited revenue consensus and USD 2.68 above the earnings-per-share consensus at the midpoint.
Analysts weigh durability against cycles
According to Yahoo Finance, Morgan Stanley analyst Joseph Moore kept an Overweight rating and a USD 1,200 price target in an October 1, 2026 research note. The firm also lifted its fiscal 2027 earnings estimate to USD 182.52 per share from USD 168.52.
The counterweight is the memory industry's boom-and-bust history. The same Yahoo Finance report noted that long-term contracts include price ceilings and that a future supply increase could pressure margins. Micron's September 30, 2026 dividend declaration adds a separate capital-return element, with USD 0.15 per share payable on October 29, 2026.
Stock remains below its yearly high
Micron Technology's market capitalization was USD 1.2 trillion on October 7, 2026, while its 52-week range stood at USD 179.61 to USD 1,255.00. The Lang & Schwarz price was 27.53 percent below that 52-week high, leaving the earnings outlook and supply discipline as the key measurable factors behind the current valuation.
At Lang & Schwarz, Micron Technology stock was trading at EUR 909.55 on October 7, 2026 at 3:34 p.m. CEST, down 2.03 percent versus the EUR 928.35 prior close of October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Micron Technology stock.
Micron Technology stock facts
- Company: Micron Technology, Inc.
- ISIN: US5951121038
- Ticker: MU
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 7, 2026, 3:34 p.m. CEST: EUR 909.55
- Change versus prior close: minus 2.03 percent
- Prior close Lang & Schwarz October 6, 2026: EUR 928.35
- Market capitalization: USD 1.2 trillion as of October 7, 2026
- 52-week range: USD 179.61-1,255.00 as of October 7, 2026
- Sector / Industry: Technology / Semiconductors
