Micron Technology stock heads into earnings at EUR 940.40
Published on 09/30/2026 at 14:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Micron Technology (ISIN US5951121038) was trading at EUR 940.40 at Lang & Schwarz on September 30, 2026, down 0.10 percent versus the prior close of EUR 941.30. The company is scheduled to report fiscal Q4 results after the US market close on September 30, with revenue, margins and artificial intelligence memory demand setting the test for the next phase of the rally.
Fiscal Q4 expectations are high
Micron's fiscal Q4 guidance calls for USD 50.00 billion in revenue plus or minus USD 1.00 billion and non-GAAP diluted EPS of USD 31.00 plus or minus USD 1.00. The guidance follows fiscal Q3 revenue of USD 41.46 billion, which rose 346 percent from USD 9.30 billion a year earlier, according to XTB on September 30, 2026.
The comparison shows why the earnings release carries unusual weight: fiscal Q4 guidance implies another sequential increase from the record fiscal Q3 revenue base, while consensus cited by XTB stood above the company's midpoint at USD 51.00 billion and USD 31.60 for EPS. That gap leaves the market looking beyond a simple beat toward the durability of memory pricing and demand.
Baird lifts its target before results
Robert W. Baird analyst Tristan Gerra raised the 12-month price target to USD 1,520 from USD 1,280 and retained a Buy rating on September 28, 2026, according to Yahoo Finance. The USD 240 increase equals 18.75 percent and reflects expectations for continued demand from AI infrastructure.
The counter-factor is capacity. TheStreet reported on September 30, 2026, that Wells Fargo cut its target to USD 1,400 from USD 1,525 while keeping an Overweight rating, citing uncertainty over how long the memory shortage can last and how quickly strategic customer agreements expand. That debate puts Micron's supply discipline and fiscal 2027 outlook alongside the quarterly numbers.
Micron stock stays near a key earnings test
Micron Technology stock was trading at EUR 940.40 at Lang & Schwarz at 1:50 p.m. CEST on September 30, 2026, down 0.10 percent from the prior close of EUR 941.30. The primary listing is Nasdaq, where the finance quote showed USD 1,065.08 at 8:00 p.m. UTC on September 29, 2026, and a 52-week range of USD 165.50 to USD 1,255.00.
Micron Technology stock facts
- Company: Micron Technology, Inc.
- ISIN: US5951121038
- WKN: 869020
- Ticker: MU
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of September 30, 2026, 1:50 p.m. CEST): EUR 940.40
- Change versus prior close: minus 0.10 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 941.30
- Market capitalization: USD 1.2 trillion (as of September 29, 2026)
- 52-week range: USD 165.50-1,255.00 (as of September 29, 2026)
- Sector / Industry: Technology / Semiconductors
