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0.000153397760392777 0.000153397760392777 0.000460193281178112 -0.00138057984353434 -0.00628930817610058 -0.00651940481668963 -0.0051388249731553 0.000460193281178112
Stock impact report

Where Will Micron Technology Stock Be in 1 Year? [Yahoo! Finance]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: Yahoo! Finance
results (for the three months ended May 30). The memory specialist's outlook didn't exceed Wall Street's expectations by a big enough margin, and the stock fell almost 8% just after its release. Micron's share prices were up nearly 67% in 2024 before its results came out, and the company headed into this latest report with high expectations thanks to the booming demand for its artificial intelligence (AI) chips. Those elevated expectations help explain why everyone was looking for a bigger beat than what Micron delivered. Let's take a closer look at Micron's quarterly report and see if the pullback is an overreaction. Analyzing Micron Technology's quarterly numbers and guidance Fiscal 2024 third-quarter revenue was $6.8 billion, a massive increase of 81% from the year-ago period and well ahead of the $6.67 billion consensus estimate. It is worth noting that the company's top line was well ahead of the midpoint of management's $6.6 billion guidance. Meanwhile, stronger memory Show less Read more
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