Micron Technology expected to report strong earnings and revenue growth, stock surges 50%.

From Financial Modeling Prep: 2025-06-23 09:00:00

Wall Street analysts are anticipating Micron Technology, Inc. to report an earnings per share (EPS) of $1.57 and revenue of around $8.83 billion for the upcoming quarterly earnings release. The consensus revenue estimate of $8.86 billion signifies a 30% year-over-year increase, with adjusted net income expected to rise significantly.

Micron’s stock has surged nearly 50% in 2025, driven by a partnership with Nvidia and positive analyst ratings. Analysts project the company’s profits to more than double from the previous year, with a forecasted adjusted net income of $1.86 billion and $1.61 per share, a substantial increase from the prior year.

As Micron prepares to unveil its fiscal third-quarter earnings, analysts at Wedbush have raised their price target for the stock to $150, citing strong market fundamentals and the impact of high-bandwidth memory (HBM) technology. The company’s financial indicators, including a price-to-earnings (P/E) ratio of approximately 29.50, reflect its competitive position in the market.



Read more at Financial Modeling Prep:: Micron Technology, Inc. (NASDAQ:MU) Quarterly Earn…