Micron (MU, $34.11) Misses Revenue Estimate, Beats Earnings Expectation; Near-term Headwinds Remain
Micron Technology reported November quarter results. Its non-GAAP earnings per share of $2.97 was +21% higher from the year-ago period, and beat consensus estimate of $2.95. Revenues grew +15% to $7.91 billion, but fell short of analysts’ expected $8.02 billion.
Micron’s projections for February quarter: EPS in the range of $1.65-$1.85, which is below consensus expectations; Revenue of $5.7 billion-$6.3 billion (down 18% annually at the midpoint).
The semiconductor company mentioned that relatively weak smartphone demand could be weighing on chip sales in near future. CEO Sanjay Mehrotra cited "higher than normal inventories in gaming [graphics] cards” and “fall-off in crypto-related demand" as potential headwinds for Micron’s graphics DRAM sales.
The company began its $10 billion stock buyback program in September. It had indicated plans to return at least 50% of its free cash flow to shareholders.
MU in upward trend: price may ascend as a result of having broken its lower Bollinger Band on March 06, 2026
MU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 33 cases where MU's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where MU advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 255 cases where MU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for MU moved out of overbought territory on February 03, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on March 03, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on MU as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for MU turned negative on February 04, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
MU moved below its 50-day moving average on March 06, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MU’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.087) is normal, around the industry mean (9.176). P/E Ratio (35.200) is within average values for comparable stocks, (147.135). Projected Growth (PEG Ratio) (0.642) is also within normal values, averaging (1.439). MU has a moderately low Dividend Yield (0.001) as compared to the industry average of (0.021). P/S Ratio (9.881) is also within normal values, averaging (29.704).
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General Information
a manufacturer of advanced semiconductor solutions such as DRAMs, NAND flash memory, CMOS image sensors, other semiconductor components and memory modules
Industry Semiconductors
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