Why the Market Dipped But Micron (MU) Gained Today
From Nasdaq: 2025-05-09 17:45:00
Micron (MU) stock closed at $85.86, up 0.83% from the previous day, surpassing the S&P 500’s loss. The stock has risen by 21.56% in the past month, outperforming the Technology sector and S&P 500. Analysts project an EPS of $1.57 and revenue of $8.81 billion for the upcoming quarter.
The full-year Zacks Consensus Estimates for Micron forecast earnings of $6.85 per share and revenue of $35.49 billion, representing significant year-over-year increases. Analysts suggest keeping an eye on any revisions to estimates, as they can impact stock performance. Micron currently holds a Zacks Rank of #3 (Hold).
Micron’s Forward P/E ratio is 12.43, lower than the industry average. The Computer – Integrated Systems industry has a Zacks Industry Rank of 172, in the bottom 31%. Research indicates industries in the top 50% outperform the bottom half by 2 to 1. Investors can track these metrics on Zacks.com for future trading decisions.
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