Micron Technology (MU) Earnings Analysis

Micron Technology (MU) beat expectations in Q3 FY2026 on revenue of $41.5B versus the $35.9B estimate (+345.7% YoY) and EPS of $25.11. The next Micron Technology (MU) earnings date is Sep 22, 2026. Below is the full Micron Technology earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Micron Technology (MU) Earnings Analysis — key stats

Next earnings dateSep 22, 2026
Latest reported quarterQ3 FY2026
Earnings verdictBeat
EPS beat rate8 of last 8 (quarters above estimate)
Avg next-day move±9.2% (over the last 8 reports)
Post-earnings directionUp 3 / Down 5 (of the last 8 reports)
Implied move (next report)±65.9% (options-derived · into Sep 22, 2026)
Revenue$41.5B (vs $35.9B est · +15.4% surprise · +345.7% YoY)
EPS$25.11 (vs $20.98 est · +19.7% surprise · +1381.7% YoY)
Share price$975.56 (-5.5%)
Market cap$1.10T

Micron Technology (MU) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q2 2026$41.5B vs $35.9B est$25.11 vs $20.98 est+19.7%+15.4%Beat
Q1 2026$23.9B vs $20.0B est$12.20 vs $9.19 est+32.8%-3.8%Beat
Q4 2025$13.6B vs $12.9B est$4.78 vs $3.96 est+20.7%+6.9%Beat
Q3 2025$11.3B vs $11.2B est$3.03 vs $2.86 est+5.9%-1.8%Mixed
Q2 2025$9.3B vs $8.9B est$1.91 vs $1.60 est+19.4%-1.5%Beat
Q1 2025$8.1B vs $7.9B est$1.56 vs $1.43 est+9.1%-7.2%Mixed
Q4 2024$8.7B vs $8.7B est$1.79 vs $1.75 est+2.3%-19.8%Mixed
Q3 2024$7.8B vs $7.6B est$1.18 vs $1.12 est+5.4%+16.9%Mixed

What you'll find

Frequently asked questions

When is Micron Technology's next earnings date?
Micron Technology's (MU) next scheduled earnings date is Sep 22, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Micron Technology (MU) beat or miss earnings?
In Q3 FY2026, Micron Technology (MU) posted beat results — revenue of $41.5B versus the $35.9B estimate (+15.4% surprise) and EPS of $25.11 versus $20.98 expected (+19.7% surprise). Magnisto decodes every Micron Technology (MU) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Micron Technology beat earnings estimates?
Over its last 8 reported quarters, Micron Technology (MU) beat Wall Street EPS estimates 8 times, most recently a beat result in Q2 2026. Magnisto tracks every Micron Technology (MU) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Micron Technology stock move after earnings?
Over its last 8 quarterly reports, Micron Technology (MU) moved an average of ±9.2% the day after earnings — ranging from -19.8% (Q4 2024) to +16.9% (Q3 2024). The stock rose after 3 of those 8 reports and fell after 5. Heading into its next report on Sep 22, 2026, options-implied volatility is pricing in a move of roughly ±65.9% (derived). Magnisto tracks the realized post-earnings move for every Micron Technology (MU) quarter alongside the beat/miss verdict — past moves don't predict the next one.
What is the forecast for Micron Technology (MU) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Micron Technology (MU), anchored to the current $975.56 share price, so you can weigh the bull, base and bear cases for Micron Technology side by side.
Is Micron Technology (MU) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Micron Technology fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.