Micron Technology Set to Release Q4 FY25 Results
Micron Technology (MU) is scheduled to announce its fourth quarter results for FY25 on September 23rd. The stock has experienced substantial growth, rising approximately 88% and 81% over the past year. This surge is largely due to robust demand for Micron’s memory and storage chips, which are essential for applications in AI, data centers, and consumer technology. As the company approaches this upcoming quarter, Wall Street analysts are exceptionally optimistic, driven by strong spending trends, solid long-term contracts, and limited supply of DRAM and NAND chips.
What to Anticipate from Micron on September 23rd
Analysts are predicting that Micron will report revenue of $2.78 per share for the fourth quarter, a significant increase from $1.18 in the same quarter last year. Overall, fourth quarter revenue is expected to reach around $111.2 billion, marking a year-on-year growth of approximately 43%.
Analysts’ Predictions for Q4 Revenue
As Micron prepares to release its fourth quarter earnings, Mizuho’s analyst Vijay Rakech has raised the stock’s price target from $155 to $182, while maintaining a positive outlook. He believes that Micron will benefit from heightened demand for high-bandwidth memory (HBM) tied to Nvidia’s (NVDA) GB300 ramp-up. Rakech also points to tight supply conditions that could further support higher prices for DRAM and NAND.
Looking further ahead, analysts have noted that the pricing trends for DRAM and NAND should remain favorable until late 2025. Rakech added that demand for proximity SSDs could rise in 2026-27 as the supply of hard drives becomes more constrained.
Similarly, Deutsche Bank analyst Sidney Ho has consistently rated Micron as a buy, increasing his price target from $155 to $175. He anticipates ongoing support from limited supply and stronger pricing for NAND chips.
Is Micron a Good Investment Option?
Overall, Wall Street’s analysts are solidly in favor of Micron, with 24 buy ratings and just four holds noted over the past three months. Recent stock performance has brought it close to Micron’s average price target of $157.15, suggesting only a minor downside of about 0.39% from its current trading level.
