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.
$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
$971.66 (+2.3%)
Market cap
$1.10T
Micron Technology (MU) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q4 FY2026
$41.5B vs $35.9B est
$25.11 vs $20.98 est
+19.7%
+15.4%
Beat
Q3 FY2026
$23.9B vs $20.0B est
$12.20 vs $9.19 est
+32.8%
-3.8%
Beat
Q2 FY2026
$13.6B vs $12.9B est
$4.78 vs $3.96 est
+20.7%
+6.9%
Beat
Q1 FY2026
$11.3B vs $11.2B est
$3.03 vs $2.86 est
+5.9%
-1.8%
Mixed
Q4 FY2025
$9.3B vs $8.9B est
$1.91 vs $1.60 est
+19.4%
-1.5%
Beat
Q3 FY2025
$8.1B vs $7.9B est
$1.56 vs $1.43 est
+9.1%
-7.2%
Mixed
Q2 FY2025
$8.7B vs $8.7B est
$1.79 vs $1.75 est
+2.3%
-19.8%
Mixed
Q1 FY2025
$7.8B vs $7.6B est
$1.18 vs $1.12 est
+5.4%
+16.9%
Mixed
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
9.3%
104.8M
$121.0B
+1.6%
Vanguard Capital Management LLC
6.5%
73.7M
$85.0B
+0.7%
State Street Corp
4.4%
50.1M
$57.8B
-4.1%
Jane Street Group, LLC
3.2%
36.4M
$42.0B
+21.7%
Invesco Ltd.
3.2%
36.3M
$41.9B
+53.7%
Susquehanna International Group, Llp
2.9%
32.4M
$37.4B
+59.5%
Capital World Investors
2.6%
29.5M
$34.0B
-29.9%
Susquehanna International Group, Llp
2.6%
28.9M
$33.4B
+35.6%
Geode Capital Management, LLC
2.5%
27.7M
$31.9B
+1.0%
Fmr LLC
2.4%
26.7M
$30.8B
-16.6%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
MEHROTRA SANJAY
director, officer: President and CEO
2026-07-24
Sell
1K
$990014
MEHROTRA SANJAY
director, officer: President and CEO
2026-07-24
Sell
626
$591564
MEHROTRA SANJAY
director, officer: President and CEO
2026-07-24
Sell
955
$903306
MEHROTRA SANJAY
director, officer: President and CEO
2026-07-24
Sell
797
$754584
MEHROTRA SANJAY
director, officer: President and CEO
2026-07-24
Sell
1K
$1.1M
MEHROTRA SANJAY
director, officer: President and CEO
2026-07-24
Sell
108
$102683
MEHROTRA SANJAY
director, officer: President and CEO
2026-07-24
Sell
1
$952
MEHROTRA SANJAY
director, officer: President and CEO
2026-07-24
Sell
725
$691788
What you'll find
Next Micron Technology (MU) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Micron Technology reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Micron Technology (MU)
Side-by-side peer and historical earnings comparison
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 Q4 FY2026. 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% (Q2 FY2025) to +16.9% (Q1 FY2025). 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 ±35.4% (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.
Who are the largest shareholders of Micron Technology?
Institutions hold about 58.0% of Micron Technology's (MU) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (9.3%), Vanguard Capital Management LLC (6.5%), State Street Corp (4.4%). Magnisto lists Micron Technology's (MU) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Micron Technology (MU)?
In the most recent Form 4 filings Magnisto tracks, Micron Technology (MU) insiders recorded 0 purchases and 12 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
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 $971.66 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.