Micron Q4 Preview: Market Expert Highlights $1,575 as Stock Price to Watch
Micron Technology (NASDAQ: MU ) could see shares get closer to all-time highs hit two months ago when the company reports fourth-quarter financial results Wednesday after market close. Here are the earnings estimates, what experts are saying and the key items to watch. • Micron Technology stock is building positive momentum. What’s pushing MU stock higher? Micron Q4 Earnings Estimates Analysts expect Micron to report fourth-quarter revenue of $50.75 billion, up from $11.31 billion in last year’s fourth quarter, according to data Pro. The company has beaten analyst estimates for revenue in 12 straight quarters. The analyst estimate represents a new company record, surpassing the $41.46 billion reported in the third quarter. Analysts expect Micron to report fourth-quarter earnings per share of $31.45, up from $3.03 in last year’s fourth quarter. The company has beaten analyst estimates for earnings per share in 10 straight quarters. Read Also: October Brings Volatility, Historically Strong Market Returns: Expert Says Roadmap Favorable What Experts Are Saying Micron comes into quarterly earnings with the stock "stalled recently," Freedom Capital Markets Chief Market Strategist Jay Woo
Micron Technology (NASDAQ: MU ) could see shares get closer to all-time highs hit two months ago when the company reports fourth-quarter financial results Wednesday after market close. Here are the earnings estimates, what experts are saying and the key items to watch. • Micron Technology stock is building positive momentum. What’s pushing MU stock higher?
31 billion in last year’s fourth quarter, according to data Pro. The company has beaten analyst estimates for revenue in 12 straight quarters. 46 billion reported in the third quarter. 03 in last year’s fourth quarter.
The company has beaten analyst estimates for earnings per share in 10 straight quarters. Read Also: October Brings Volatility, Historically Strong Market Returns: Expert Says Roadmap Favorable What Experts Are Saying Micron comes into quarterly earnings with the stock "stalled recently," Freedom Capital Markets Chief Market Strategist Jay Woods said in a weekly newsletter. Woods said the stock is one of the hottest in 2026, with shares up over 200% year-to-date. "The stock peaked the same day they reported record earnings last quarter and then fell roughly 40% over the following month," Woods said.
" Woods said there’s one key question for investors that could determine where the stock goes. " Looking at the chart, Woods says a breakout above $1,126 that is sustained could put the prior all-time high of $1,255 back in play. Woods looks at $1,575 as a key level where the one-year Fibonacci extension sits and where the average Street price target is currently. "That does not mean Micron gets there.
" Wedbush analyst Matt Bryson predicts Micron will report a beat and raise for the fourth quarter and guidance with pricing better than currently assumed. The analyst reiterated an Outperform rating and price target of $1,400 ahead of earnings. “While we would not be surprised if management offers more modest guidance (again baking in significant cushion should conditions change), we still would anticipate a guide assuming earnings power in the mid $30s (particularly coming off of a better FQ4 base),” Bryson wrote.
Here are other recent analyst ratings on Micron stock and their price targets: Baird: Maintained Outperform rating, raised price target from $1,280 to $1,520 Rosenblatt: Maintained Buy rating, with price target of $1,500 Wells Fargo: Maintained Overweight rating, lowered price target from $1,525 to $1,400 Citigroup: Maintained Buy rating, raised price target from $1,150 to $1,300 See More: Top Momentum Stocks Key Items to Watch Revenue growth, demand and supply constraints could be key items for investors to watch Wednesday as Micron stock looks to get back to all-time highs. The third quarter saw several records set, along with strong guidance for the fourth quarter.
Investors and analysts will be looking not only at the current quarterly numbers, but also looking ahead to see what kind of guidance Micron gives for the first quarter and next fiscal year. Expectations are high, which could make the stock highly volatile with any sign of weakness. Likewise, continued strength and a strong backlog and guidance could send shares to record highs. 00.
Micron stock is up 239% year-to-date in 2026. Read Also: Earnings Volatility Watch: Micron Sets The Week, But Six Other Stocks Are Priced To Swing More Photo: Samuel Boivin / Shutterstock — ejk