Q1 Earnings Forecast for Micron Technology Issued By Wedbush

Micron Technology, Inc. (NASDAQ:MU) – Wedbush increased their Q1 2026 earnings per share estimates for shares of Micron Technology in a report issued on Thursday, September 18th. Wedbush analyst M. Bryson now forecasts that the semiconductor manufacturer will post earnings of $3.10 per share for the quarter, up from their previous forecast of $2.96. Wedbush has a “Outperform” rating and a $200.00 price target on the stock. The consensus estimate for Micron Technology’s current full-year earnings is $6.08 per share. Wedbush also issued estimates for Micron Technology’s Q3 2026 earnings at $4.05 EPS and FY2026 earnings at $15.47 EPS.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.34. The firm had revenue of $9.30 billion for the quarter, compared to analysts’ expectations of $8.83 billion. Micron Technology had a return on equity of 13.60% and a net margin of 18.41%.During the same quarter in the previous year, the firm posted $0.62 EPS. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS.

Several other equities analysts have also recently issued reports on MU. Bank of America boosted their price target on Micron Technology from $84.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, June 26th. Arete Research upgraded Micron Technology to a “strong-buy” rating in a research report on Friday, July 18th. Stifel Nicolaus boosted their target price on Micron Technology from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, June 26th. Wall Street Zen cut Micron Technology from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 13th. Finally, Wolfe Research boosted their target price on Micron Technology from $160.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 17th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Micron Technology currently has a consensus rating of “Moderate Buy” and an average price target of $163.50.

Micron Technology Stock Performance

Shares of MU stock opened at $162.73 on Monday. The stock has a market capitalization of $182.11 billion, a PE ratio of 29.32 and a beta of 1.47. Micron Technology has a 52-week low of $61.54 and a 52-week high of $170.45. The stock’s 50-day moving average price is $123.82 and its 200 day moving average price is $105.77. The company has a quick ratio of 1.89, a current ratio of 2.75 and a debt-to-equity ratio of 0.30.

Micron Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 22nd. Investors of record on Monday, July 7th were issued a $0.115 dividend. The ex-dividend date was Monday, July 7th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.3%. Micron Technology’s dividend payout ratio is currently 8.29%.

Insiders Place Their Bets

In related news, EVP Manish H. Bhatia sold 80,000 shares of the company’s stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $123.16, for a total value of $9,852,800.00. Following the sale, the executive vice president owned 275,067 shares in the company, valued at $33,877,251.72. This represents a 22.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Mary Pat Mccarthy sold 2,404 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $115.67, for a total value of $278,070.68. Following the completion of the sale, the director owned 20,146 shares in the company, valued at approximately $2,330,287.82. This represents a 10.66% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 275,946 shares of company stock worth $34,242,567. 0.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Micron Technology

Institutional investors and hedge funds have recently bought and sold shares of the stock. First Command Advisory Services Inc. lifted its stake in Micron Technology by 225.0% in the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 153 shares in the last quarter. Howard Hughes Medical Institute purchased a new stake in Micron Technology in the 2nd quarter valued at approximately $30,000. Opal Wealth Advisors LLC purchased a new stake in Micron Technology in the 1st quarter valued at approximately $33,000. AlphaQuest LLC lifted its stake in Micron Technology by 13,250.0% in the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 265 shares in the last quarter. Finally, WealthCollab LLC lifted its stake in Micron Technology by 4,500.0% in the 2nd quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock valued at $34,000 after buying an additional 270 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Company Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.