Wedbush reaffirms USD 1,400 target for Micron Technology stock

Published on 10/26/2026 at 17:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue was USD 133.19 billion. Micron Technology stock costs EUR 810.25 on October 26, 2026, down 0.14 percent versus the Xetra close.

Key figures for Micron

Wedbush reaffirmed its USD 1,400 price target on October 18, 2026.
Fiscal fourth-quarter revenue reached USD 54.23 billion versus USD 11.32 billion a year earlier.
Micron Technology stock costs EUR 810.25 at Lang & Schwarz on October 26, 2026 at 5:36 p.m. CET, 0.14 percent below the Xetra close of October 26, 2026.
Micron will pay a USD 0.15 dividend on October 29, 2026.

Micron Technology, US5951121038, Illustration mit AI erstellt.

Micron Technology (ISIN US5951121038) drew a fresh valuation signal on October 18, 2026, when Wedbush reiterated its Outperform rating and USD 1,400 price target, as reported by Yahoo Finance. That target stood 54.55 percent above the USD 905.81 Nasdaq price at 12:37 p.m. ET on October 26, 2026. At Lang & Schwarz, the stock was trading at EUR 810.25 on October 26, 2026 at 5:36 p.m. CET, down 0.14 percent versus the Xetra close of October 26, 2026 at EUR 811.40.

Revenue reached USD 54.23 billion

Micron's fiscal fourth-quarter revenue reached USD 54.23 billion for the period ended September 3, 2026, compared with USD 11.32 billion in the same quarter a year earlier. GAAP net income was USD 37.70 billion, against USD 3.20 billion in the prior-year quarter, according to Micron Technology on September 30, 2026.

The full fiscal year 2026 produced USD 133.19 billion in revenue, compared with USD 37.38 billion in fiscal 2025. GAAP diluted earnings per share reached USD 74.33, versus USD 7.59 in the previous fiscal year. The figures put the analyst target in a business context: Wedbush's USD 1,400 target rests on a company that expanded both revenue and earnings sharply across the latest reported year.

Stock sits below its yearly high

The Nasdaq quote was USD 905.81 at 12:37 p.m. ET on October 26, 2026, with a market capitalization of USD 1,024.9 billion and a price-to-earnings ratio of 12.22. The 52-week range was USD 192.59 to USD 1,255.00 on the same date, leaving the stock 27.82 percent below its high. Trading volume reached 13,409,936 shares by that timestamp.

Dividend date adds a near-term marker

Micron's board declared a quarterly dividend of USD 0.15 per share on September 30, 2026, payable on October 29, 2026, according to Micron Technology. The payment date is the next specified corporate date in the latest release. The company also guided fiscal first-quarter 2027 revenue to USD 61.5 billion plus or minus USD 1.5 billion, while non-GAAP diluted earnings per share guidance was USD 38.15 plus or minus USD 1.00.

What the target means for valuation

Wedbush's target is a USD 494.19 step above the October 26 Nasdaq price, a 54.55 percent premium calculated in the same currency. The comparison matters because Micron's euro quotation and its home-market valuation use different currencies, while the underlying target relationship is measured directly against the USD 905.81 Nasdaq price.

Trading level and next date

For German investors, the immediate market picture is a Lang & Schwarz price slightly below the October 26 Xetra close, while the US quotation remained in its regular session. The next dated corporate item is the USD 0.15 dividend payment on October 29, 2026.

Micron Technology was trading at EUR 810.25 at Lang & Schwarz on October 26, 2026 at 5:36 p.m. CET, 0.14 percent below the Xetra close of October 26, 2026 at EUR 811.40. The further course of trading is shown by the continuously updated real-time quote of Micron Technology stock.