Why Micron Stock Dropped Today
Micron Technology (NASDAQ: MU) stock fell 2.8% through 3:15 p.m. ET Wednesday despite beating earnings and giving strong guidance last night.
Heading into its fiscal fourth-quarter 2025 report, analysts forecast Micron would earn $2.86 per share on $11.2 billion in revenue. In fact, Micron earned $3.03 per share (adjusted for one-time items) in the period ended Aug. 28, and sales were $11.3 billion. Management forecast strong sequential growth in both sales and profits in fiscal Q1 2026.
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Source Fool.com
Micron Technology Inc. Stock
€207.25
1.370%
The stock is an absolute favorite of our community with 106 Buy predictions and no Sell predictions.
As a result the target price of 228 € shows a slightly positive potential of 10.01% compared to the current price of 207.25 € for Micron Technology Inc..
