Micron Will Report Fourth Quarter Results on September 30
Investors and operators are monitoring Micron's earnings report as analysts adjust expectations for the chipmaker.
Updated on Sept. 22, 2026 in Corporate Finance
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Micron Technology is set to release its fourth quarter financial results on September 30, 2026. The market expects quarterly earnings of $31.30 per share on revenue of $50.62 billion.
Why it matters
The upcoming report offers insight into the current demand cycle for memory chips, as businesses assess whether recent revenue projections align with actual semiconductor market conditions.
Analysts anticipate quarterly earnings of $31.30 per share compared to $3.03 in the same period last year. Revenue expectations stand at $50.62 billion, significantly higher than the $11.31 billion reported in the year-ago period.
The players
Micron Technology
A global semiconductor firm specializing in memory and storage solutions for enterprise and consumer electronics.
Manish Bhatia
The recently appointed president and chief operating officer responsible for overseeing Micron's internal operations.
Scott DeBoer
The newly named president and chief technology officer tasked with leading Micron's technical development strategy.
The details
Micron will release its financial results after the closing bell, providing a view into operational performance for the fiscal quarter. Analysts are evaluating company results against historical variables, with share price targets from firms like RBC Capital, Mizuho, Citigroup, Keybanc, and Cantor Fitzgerald reflecting varying market outlooks.
Timeline
June 29, 2026: Cantor Fitzgerald adjusted its Micron price target.
July 14, 2026: Keybanc raised its Micron price target.
August 7, 2026: Citigroup lowered its Micron price target.
August 25, 2026: Mizuho cut its Micron price target.
September 30, 2026: Micron will release its fourth quarter earnings.
Market Landscape
The upcoming earnings release follows a period of volatile analyst price targets ranging from $1,150 to $2,000. These fluctuations relative to the $11.31 billion reported in the prior year highlight the rapid evolution of expectations in the semiconductor sector.
Operators should monitor this report for signals on supply chain costs and semiconductor availability, which directly impact procurement budgets. Keep a close watch on the $31.30 per share consensus figure, as deviations can influence market pricing for critical hardware components.
The takeaway
The sharp disparity between current revenue estimates and prior-year performance underscores the importance of tracking cyclical demand in the semiconductor industry. Review your current hardware procurement contracts to determine if they include flexible pricing terms that account for shifts in memory chip market valuation.
What happens next
Micron will release its fourth quarter financial results on September 30, 2026, after the closing bell.
Further reading
For broader trends in financial reporting and capital allocation, visit Corporate Finance.
Source note: This article includes information reported by Benzinga.
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