Here's How Much Micron Stock Is Expected to Move After Earnings

ETHReserveBank · 2026-03-16T11:18:03+00:00

Micron Technology is expected to announce strong earnings driven by AI demand, with projected sales more than doubling year-over-year. Analysts are bullish, raising price targets, anticipating significant stock movement post-report.

ETHReserveBank

2026-03-16 11:18:03

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Key Takeaways

Micron is slated to post earnings after the closing bell Wednesday, with traders expecting its stock could reach new highs following the report.
Then memory chipmaker is projected to report sales more than doubled year-over-year, driven by AI demand.

Micron Technology is set to report earnings after the market closes Wednesday, with traders anticipating the memory chipmaker’s stock could reach new highs following the report.

Options pricing suggests Micron (MU) stock is seen swinging up to 9% in either direction by the end of the week. A move of that size from Friday’s close could lift the shares to $466, topping last month’s record high, or pull them back down to about $364.

Shares of Micron have soared nearly 50% this year so far, and more than quadrupled in value over the past 12 months, as booming AI demand drove up sales and the company raised prices.

Why This Matters to Investors

Micron’s stock has been one of the biggest gainers in the S&P 500 this year, after a strong 2025, amid surging demand for the company’s memory chips to support AI.

UBS analysts earlier this month lifted their price target to $475 from $450, citing robust demand for Micron’s products and strengthening profitability on the back of higher prices. The analysts said they see a shortage of memory components lasting well into 2027 and potentially 2028, supporting strong pricing for Micron even as the company and its peers boost production.

Micron’s revenue is projected to have more than doubled year-over-year to $19.27 billion in its fiscal second quarter. Adjusted earnings per share are forecast at $8.75, up from $1.56 a year ago, according to estimates compiled by Visible Alpha.

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Wall Street analysts are overwhelmingly bullish on Micron’s stock. All but one of the 11 analysts with current ratings tracked by Visible Alpha consider it a “buy,” compared to just one “hold” rating. With its recent gains, however, the stock is less than 2% from reaching their mean target around $433.

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