Micron Technology shares closed near $1,075 on October 2, 2026, following fiscal Q4 2026 results that showed revenue of $54.23 billion and adjusted EPS of $33.42, both exceeding consensus estimates, with full-year revenue reaching $133.19 billion. Management guided fiscal Q1 2027 revenue to $61.5 billion ± $1.5 billion and EPS near $38.15 amid gross margins above 86 percent, citing sustained AI-driven demand for high-bandwidth memory and supply tightness extending into 2027–2028. Analyst consensus remains Strong Buy with average price targets above $1,470, reflecting the company’s expanded customer commitments and planned capacity investments. Traders are monitoring sequential revenue growth expectations and any updates on share buybacks or capital spending as October unfolds.
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