MU Stock Today: Micron Price, Earnings & Forecast (October 2026)

0 4 6 minutes read

Mu stock earnings date today MU stock earnings Date 2026 MU Q3 earnings date MU stock earnings time Micron earnings report today MU stock earnings date prediction Micron Q3 earnings date 2026 Micron Q4 earnings date — Micron Q4 earnings date

MU Stock Today Micron closed at $1,065.11 on September 30, 2026, giving it a market cap of about $1.20 trillion. The stock barely moved after a record fiscal fourth quarter, and analyst targets now range from roughly $1,100 to $2,000. Prices below come from sources checked on October 1, 2026, so confirm the live quote before trading. stockanalysis

Table of Contents

What is the MU stock price today?

The share price sits near $1,065 to $1,070. On October 1, the stock traded between about $1,041 and $1,089, on volume above its recent daily average. That is a wide range, but it is normal for this stock. robinhood

Here are the numbers most investors check first:

Market cap: about $1.2 trillion. Micron has about 1.13 billion shares outstanding. stockanalysis
52-week range: roughly $164 to $1,255. The 52-week high is $1,255.00. Sources quote slightly different lows, from about $160 to $166. stockanalysis
One-year move: up about 479% over the past year and about 11% over the past month. coinbase
Volatility: beta of about 2.4 on eToro’s data, while Google Finance shows about 2.2. Either way, the stock swings much harder than the broader market. etoro
Dividend: a $0.15 quarterly payout, with the last ex-dividend date on July 6, 2026. That yield is about 0.06%, so this is not an income stock. google

UK and other international investors will see the share price quoted in U.S. dollars on the Nasdaq. Your broker converts it to your home currency.

What did Micron just report?

Micron’s fiscal fourth quarter ended September 3, 2026, and the company reported on September 30. In short, it beat expectations by a wide margin.

Revenue: $54.23 billion, up 379% from $11.32 billion a year earlier. Analysts had expected about $50.6 billion. Yahoo Finance
Adjusted EPS: $33.42, against expectations of $31.61. CNBC
Margins: adjusted gross margin reached 87.0%, driven by higher prices from industry-wide supply constraints. Yahoo Finance
Segments: DRAM revenue hit a record $39.8 billion (73% of total), and NAND added a record $14.1 billion. tradingkey
Full year: fiscal 2026 revenue was $133.19 billion versus $37.38 billion the year before, with GAAP net income of $84.97 billion. sec
Guidance: fiscal Q1 2027 revenue of $61.5 billion, plus or minus $1.5 billion, with about 86.25% gross margin and EPS of $38.15, plus or minus $1.00. tradingkey

For context, a year ago Micron’s quarterly revenue was about a fifth of this quarter’s. Memory pricing and AI demand are the whole story.

Why didn’t MU stock jump on a blowout quarter?

Short answer: the good news was already priced in, and management raised its spending plans.

CEO Sanjay Mehrotra said Micron will raise fiscal 2027 capital spending versus prior plans, mostly on cleanroom construction. First-half fiscal 2027 capex is expected at about $25 billion. Investors who hoped for more buybacks or margin expansion saw cash heading into factories instead. The slight dip in guided gross margin, from 87% to about 86.25%, also came in just under analyst estimates. MU Stock Drops After Hours: Micron’s Heightened Capex Forecast Overpowers Q4 Beat, Expectation-Beating Q1 Guidance +2

That reaction fits a pattern. When a stock has risen roughly fivefold in a year, a beat is the minimum the market expects.

What is driving Micron stock?

Three forces matter most.

AI memory demand. Micron is the only U.S.-based maker of high-bandwidth memory (HBM) used in AI systems, though it holds the smallest HBM share among the three major producers. Samsung and SK hynix are the other two. CNBC
A tight supply market. Insatiable demand for HBM and DRAM and tight supply have given Micron strong pricing power and very high margins. fool
Longer contracts. Micron’s strategic customer agreements run from 2026 through 2030 and include take-or-pay terms with price floors and ceilings. One analyst counts 26 such agreements covering more than 35% of estimated revenue through 2030, with $32 billion of customer financial commitments. If these hold, earnings could be steadier than in past memory cycles. investingSeeking Alpha

What is the MU stock forecast and price target?

Short answer: consensus targets sit around $1,520 to $1,535, but individual analysts disagree widely.

Across 49 analysts, the average rating is Strong Buy, with a 12-month target of about $1,534. The spread is the real story: stockanalysis

Firm	Rating	Target
D.A. Davidson	Bullish	$2,000
TD Cowen	Buy	$1,600
Mizuho	Buy	$1,400
CNBC Investing Club	n/a	$1,200 (raised from $1,100)
Goldman Sachs	Neutral	$1,100 Micron’s Q4 Earnings Report Approaches Amid Sharp Bull-Bear Divide +4

The roughly $500 gap between the average target and the $2,000 high shows there is no consensus on whether Micron is a cyclical or a growth stock. That debate decides whether today’s price looks cheap or dangerous. kucoin

Is MU stock expensive? Valuation explained

It depends on which earnings you use, and sources disagree.

On fiscal 2026 GAAP EPS of $74.33, the trailing P/E is about 14.3, and the forward P/E is about 6.2. stockanalysis
Other quote pages show a P/E of about 24, because they use a different EPS figure. robinhood

A forward multiple near 6 looks very cheap. But as CNBC’s analysts note, memory is a cyclical industry where prices peak and then fall, and fear of peak pricing is why the stock trades at such a low multiple. A low P/E on peak earnings is not the same as a bargain. Goldman’s note flags that the price sits well above one fair-value model’s estimate. CNBCgurufocus

Is MU stock a good buy right now?

Short answer: it can be a good long-term holding if you accept very high volatility, but it is not a low-risk buy at current levels. This is analysis, not personal financial advice.

The bull case:

Record revenue, margins and free cash flow, with management expecting fiscal 2027 to surpass 2026, with sequential growth each quarter. quartr
Multi-year customer contracts that may soften the usual boom and bust.
A forward P/E that prices in a lot of skepticism.

The bear case:

Memory has historically boomed and busted as supply catches up with demand.
Heavier capex means more future supply, which could eventually ease the pricing power behind today’s margins. Yahoo Finance
Investor Michael Burry has bought put options on Nvidia, Micron and Palantir, betting against the AI trade. A put expiring June next year with a $500 strike has been reported. fool
A beta above 2 means large drawdowns are normal. On June 30 the stock fell more than 10% in a single day, even as it sat near a record. Yahoo Finance

If you buy, size the position so a 30% to 40% pullback would not force you to sell. Scaling in over time is a common way to handle that kind of volatility.

Is Micron the next Nvidia?

Not exactly. Nvidia designs the AI accelerators, and Micron supplies a critical component inside them. Micron’s earnings are far more sensitive to memory pricing, and its HBM share is the smallest of the three producers. Whether it is a better buy than Nvidia depends on your risk tolerance, since Micron’s cycle risk is higher while its forward multiple is lower. CNBC

6. Custom FAQ section

What is the MU stock price today?

MU closed at $1,065.11 on September 30, 2026, and traded near $1,065 to $1,070 on October 1. Prices move all day, so check a live quote from your broker or a data site. stockanalysis

What does the MU stock chart show?

Over the past year, the chart shows a steep climb from about $164 to a high of $1,255, then a consolidation near $1,000 to $1,100. The stock is up about 11% over the past month. Look at the 52-week high and the $1,000 area as the levels traders watch most. coinbase

What is the MU stock price on Yahoo Finance?

Yahoo Finance shows the same Nasdaq quote as other sites, with delays depending on the data feed. It also carries earnings coverage, including its piece on how Micron’s capex outlook overshadowed the Q4 beat.

What is the MU stock price on TradingView?

TradingView showed MU at roughly $1,069 in its latest snapshot. Its strength is charting: indicators, drawing tools and comparison with other chip stocks such as Nvidia. tradingview

Does Trump affect MU stock?

Presidential praise has had mixed effects. After Trump said “Micron is great” on May 22, the stock jumped 20%, but the 24/7 Wall St. report credits a UBS price target raise for most of that move. When he called Micron one of the hottest companies on June 30, the stock still dropped 10.67%. More lasting links are policy-related: Micron has a $250 billion U.S. manufacturing commitment through 2035, and Trump publicly praised its $10 billion Boise AI memory research lab. Trump Said “Micron’s Great” On May 22. The Stock Is Up 20% Today. – 24/7 Wall St. +2

Can you trade MU stock overnight?

Possibly, depending on your broker. Pre-market and after-hours quotes exist for MU, and Investing.com listed a pre-market quote near $1,080 and an after-hours quote near $1,063. Some brokers offer true overnight sessions. Liquidity is thinner and spreads wider outside regular hours, so use limit orders. investing

What is MU’s forward P/E?

Roughly 6.2 on StockAnalysis. CNBC’s analysts put it at around 6 times forward estimates. Treat it with caution, because forward earnings assume memory prices stay high. stockanalysis