Micron stock to move following earnings. Credit: Qilai Shen / Bloomberg / Getty Images
Micron stock to move following earnings, After the market closes on Wednesday, Micron Technology will release its earnings, and traders anticipate a significant shift in the memory chip manufacturer’s stock.

According to options pricing, traders anticipate that by the end of the week, Micron (MU) shares could move up to 9% in either way. At the high end, the stock would rise above $258, close to its all-time high from last week, with a move of that magnitude from Monday’s closing at $237.50. At its lowest point, though, the price might drop to about $217, where it was at the end of last month.
Due to the increased demand for its memory chips, Micron, which produces memory components for top AI chipmakers like Nvidia (NVDA) and Advanced Micro Devices (AMD), has witnessed a sharp increase in revenue this year. Its stock has almost tripled in value in 2025, making it one of the S&P 500’s top-performing stocks thus far.
Micron is regarded as a major “pick-and-shovel” player in the AI industry because it provides memory to some of the largest AI chipmakers. Its position as one of the major beneficiaries of the AI surge this year would be reinforced by a solid earnings release this week and the market’s response to the results.
According to predictions provided by Visible Alpha, Micron is expected to announce a 48% year-over-year increase in revenue to a record $12.93 billion, while adjusted profits per share are expected to more than double to $3.96 for the first quarter of fiscal 2026.
Prior to the company’s release, a number of analysts expressed optimism and raised their price targets for the stock, anticipating more demand for AI, a tightening memory market, and improved pricing to support Micron’s increased earnings. Micron announced earlier this month that it intends to focus on more lucrative AI-focused technologies and withdraw from the consumer memory products market after February 2026. Micron Technology. “Micron Announces Exit from Crucial Consumer Business.”
Nine of the eleven analysts whose ratings are currently monitored by Visible Alpha give the company a “buy,” while two give it a “hold” rating. Their average aim of $249 would indicate an increase of around 5% from Monday’s finish. Read more