Micron Technology stock gains 1.83 percent to EUR 942.70

Published on 09/29/2026 at 13:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Micron Technology stock was trading at EUR 942.70 on September 29, 2026, plus 1.83 percent versus EUR 925.75. Baird lifted its target to USD 1,520.00.

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Micron Technology stock (ISIN US5951121038) was trading at EUR 942.70 at Lang & Schwarz on September 29, 2026 at 1:45 p.m. CEST, plus 1.83 percent versus the prior close of EUR 925.75. The immediate catalyst is the company's September 30 fiscal fourth-quarter report, with analysts focused on whether memory pricing can support another record quarter.

Baird lifts its target

As Yahoo Finance reported, Baird analyst Tristan Gerra raised the 12-month price target to USD 1,520.00 from USD 1,280.00 while keeping an Outperform rating. The USD 240.00 increase represents 18.75 percent, and the new target places the forecast above the latest Nasdaq price.

The update ties the bullish view to agentic artificial intelligence, which can increase demand for server DRAM alongside high-bandwidth memory. The counter-factor is execution: Micron's next report must show that elevated pricing and supply agreements are translating into durable earnings rather than a short memory-cycle peak.

Revenue sets a high bar

In its most recent reported period, fiscal Q3 2026, Micron generated USD 41.46 billion in revenue, up from USD 9.30 billion in the year-earlier quarter, according to The Globe and Mail. Fiscal Q4 revenue guidance spans USD 49.00 billion to USD 51.00 billion, with non-GAAP diluted earnings per share guided to USD 30.00 to USD 32.00.

That range sets a clear test for the September 30 release. Citi analyst Atif Malik expects fiscal Q4 revenue of USD 51.00 billion and earnings per share of USD 31.45, above consensus estimates of USD 50.80 billion and USD 31.43, as Yahoo Finance reported. The comparison puts the analyst view at the top of Micron's own revenue range.

Stock rises before earnings

On Nasdaq, MU was last at USD 1,053.98 on September 28, 2026 at 4:00 p.m. ET, against a 52-week range of USD 163.96 to USD 1,255.00. Micron's market capitalization stood at USD 1.2 trillion on September 29, 2026.

At Lang & Schwarz, Micron Technology stock was trading at EUR 942.70 on September 29, 2026 at 1:45 p.m. CEST, plus 1.83 percent versus the prior close of EUR 925.75. The next quantified checkpoint is the September 30 report, particularly the revenue outcome, non-GAAP margin and outlook for memory demand.