Micron Likely To Report Higher Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga Earnings
Yesterday

Micron Technology, Inc. (NASDAQ:MU) will release earnings for its fourth quarter after the closing bell on Wednesday, Sept. 30.

Analysts expect the Boise, Idaho-based company to report quarterly earnings of $31.30 per share, up from $3.03 per share in the year-ago period. The consensus estimate for Micron’s quarterly revenue is $50.62 billion. It reported $11.31 billion last year, according to Benzinga Pro.

On Aug. 26, Micron named Manish Bhatia as president and chief operating officer, and Scott DeBoer as president and chief technology officer.

Micron shares gained 2.8% to close at $1,043.96 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • RBC Capital analyst Srini Pajjuri reiterates the stock with an Outperform rating and maintained a $1,500 price target on Sept. 18, 2026. This analyst has an accuracy rate of 84%.
  • Mizuho analyst Vijay Rakesh maintained the stock with an Outperform rating and cut the price target from $1,375 to $1,300 on Aug. 25, 2026. This analyst has an accuracy rate of 83%.
  • Citigroup analyst Atif Malik maintained the stock with a Buy and lowered the price target from $1,400 to $1,150 on Aug. 7, 2026. This analyst has an accuracy rate of 84%.
  • Keybanc analyst John Vinh maintained the stock with an Overweight rating and raised the price target from $1,600 to $1,750 on July 14, 2026. This analyst has an accuracy rate of 78%.
  • Cantor Fitzgerald analyst C.J. Muse maintained the stock with an Overweight rating and raised the price target from $1,500 to $2,000 on June 29, 2026. This analyst has an accuracy rate of 81%.

Considering buying MU stock? Here’s what analysts think:

Photo via Shutterstock

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