Micron Technology (NASDAQ: MU) is officially scheduled to report its fiscal third-quarter 2026 earnings on Wednesday, June 24, 2026, after the market closes. The company will host its subsequent financial conference call at 2:30 p.m. Mountain Time (4:30 p.m. EDT).
Key Market Expectations
Wall Street expectations are exceptionally high ahead of the June 24 release, driven by a massive artificial intelligence infrastructure build-out.
Revenue Growth: Analysts expect a massive year-over-year surge. The consensus revenue estimate sits around $33.8 billion to $35.06 billion (representing over 260% growth year-over-year).
Earnings Per Share (EPS): The consensus estimate stands at approximately $19.72 to $20.25 per share, compared to a loss in the parallel prior year quarter.
Gross Margin Metrics: Analysts view gross margin as the vital make-or-break figure for the stock. Management previously guided for a gross margin of roughly 81%, fueled by strong pricing power in High-Bandwidth Memory (HBM).
Trading & Option Dynamics
Implied Stock Move: Based on historical options data compiled by Bloomberg, the market is pricing in an implied stock price move of roughly 11% following the earnings announcement.
Wall Street Sentiment: Analysts remain highly bullish. Deutsche Bank recently reiterated a Buy rating and raised its price target to $1,500 from $1,000, citing tight industry supply and robust data center demand.
Stock Split Speculation: With the share price surging past the $1,000 threshold in 2026, retail investors are heavily monitoring whether Micron will announce a stock split during the call to reduce per-share costs.
MUUSDTVĩnh cửu1,092.02+4.18%