Micron Technology stock falls 4.50 percent below its Xetra close

Published on 10/20/2026 at 11:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Micron guides USD 61.5 billion for fiscal first quarter 2027. Micron Technology stock costs EUR 787.20 on October 20, 2026, 4.50 percent below Xetra close.

Revenue and earnings outlook

Micron reported USD 54.23 billion in fiscal fourth-quarter revenue on September 30, 2026.
Fiscal first-quarter 2027 revenue guidance spans USD 60.0 billion to USD 63.0 billion.
Micron Technology stock trades at EUR 787.20 at 11:34 a.m. CEST at Lang & Schwarz on October 20, 2026, 4.50 percent below the Xetra close of October 19, 2026.

Schwarz-Weiß-Reportagefoto eines Halbleitertechnikers im Reinraumanzug, der einen großen NAND-Flash-Siliziumwafer gegen das Licht hält, dramatischer Kontrast — Micron Technology US5951121038 Techniker hält NAND Flash Wafer im Reinraum als Schwarz Weiß Reportage, Illustration mit AI erstellt.

Micron Technology stock was trading at EUR 787.20 at Lang & Schwarz on October 20, 2026 at 11:34 a.m. CEST, 4.50 percent below the Xetra close of October 19, 2026 at EUR 824.30. The latest company report showed fiscal fourth-quarter revenue of USD 54.23 billion and fiscal first-quarter 2027 guidance of USD 61.5 billion plus or minus USD 1.5 billion, according to Micron Technology on September 30, 2026.

Revenue reached USD 54.23 billion

Micron's fiscal fourth-quarter revenue rose from USD 41.46 billion in the prior quarter and USD 11.32 billion in the year-earlier quarter. Non-GAAP diluted earnings per share reached USD 33.42, compared with USD 25.11 in the prior quarter and USD 3.03 a year earlier, while non-GAAP gross margin was 87.0 percent.

CNBC reported on September 30, 2026 that Micron exceeded consensus with adjusted earnings per share of USD 33.42 versus USD 31.61 expected and revenue of USD 54.23 billion versus USD 51.07 billion expected. The comparison matters because the fiscal first-quarter revenue outlook is USD 61.5 billion plus or minus USD 1.5 billion.

What does the outlook mean for margins?

Micron guided to non-GAAP gross margin of 86.25 percent for the fiscal first quarter of 2027, below the 87.0 percent delivered in fiscal fourth-quarter 2026. The company also guided to non-GAAP diluted earnings per share of USD 38.15 plus or minus USD 1.00, versus USD 33.42 in the latest quarter.

Three dated results show the change

On December 17, 2025, Micron reported fiscal first-quarter revenue of USD 13.64 billion; on June 24, 2026, fiscal third-quarter revenue reached USD 41.46 billion; and on September 30, 2026, fiscal fourth-quarter revenue reached USD 54.23 billion, according to Moomoo and the company release.

Two dates matter next

Micron scheduled a quarterly dividend payment of USD 0.15 per share for October 29, 2026, after the September 30, 2026 declaration. The next earnings report is scheduled for December 16, 2026, according to Public.com.

Stock trades below the prior close

Micron's market capitalization was USD 1,023.8 billion as of October 20, 2026, while its USD 192.40 to USD 1,255.00 52-week range places the current Nasdaq context inside a wide trading band. The Nasdaq listing and MU ticker are identified in Micron's fiscal 2026 release.

Micron Technology stock trades at EUR 787.20 at 11:34 a.m. CEST at Lang & Schwarz on October 20, 2026, 4.50 percent below the Xetra close of October 19, 2026 at EUR 824.30. The further course of trading is shown by the continuously updated real-time quote of Micron Technology stock.