Micron (MU) closed at $135.24 in the latest trading session, marking a +2.88% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.27%. At the same time, the Dow added 0.43%, and the tech-heavy Nasdaq gained 0.37%.
Heading into today, shares of the chipmaker had gained 6.26% over the past month, outpacing the Computer and Technology sector's gain of 2.4% and the S&P 500's gain of 1.85%.
The upcoming earnings release of Micron will be of great interest to investors. The company's earnings report is expected on September 23, 2025. In that report, analysts expect Micron to post earnings of $2.85 per share. This would mark year-over-year growth of 141.53%. At the same time, our most recent consensus estimate is projecting a revenue of $11.07 billion, reflecting a 42.82% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $8.12 per share and a revenue of $36.91 billion, signifying shifts of +524.62% and 0%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Micron. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 6.04% higher. Right now, Micron possesses a Zacks Rank of #1 (Strong Buy).
Investors should also note Micron's current valuation metrics, including its Forward P/E ratio of 10.07. This valuation marks a discount compared to its industry average Forward P/E of 20.71.
The Computer - Integrated Systems industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 51, this industry ranks in the top 21% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Micron Technology, Inc. (MU): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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