Micron Technology (MU) shares closed near $1,082 on September 25, 2026, after a volatile year that saw an all-time high of $1,255 amid explosive AI-driven demand for high-bandwidth memory and DRAM. The stock’s primary near-term catalyst is the fiscal fourth-quarter earnings release scheduled for September 30, with Street expectations centering on roughly $50.9 billion in revenue and $31.5 in adjusted EPS—both sharply higher year-over-year following the prior quarter’s record $41.46 billion revenue and $25.11 EPS beat. Gross margins are projected near 86 percent, supported by pricing power and long-term customer agreements. Analyst consensus price targets average around $1,515, though the shares trade at a forward multiple still below many peers despite the sector’s momentum. Trading volume and options activity typically intensify ahead of the print, with any guidance on 2027 capacity expansion or HBM supply likely to influence price action during the resolution week.