Micron (MU, $49.86) disappoints with Q1 revenue and earnings
Micron Technology reported its fiscal first quarter revenue of US$4.09 billion, which is - 47% from the year-ago quarter. Revenue missed analysts' estimates by 1.4%. The semiconductor company mentioned weakening consumer demand and substantial customer inventory adjustments across end markets amid macroeconomic uncertainty as factors behind the disappointing quarterly performance.
Micron incurred a non-GAAP loss of -4 cents per share, wider than the Zacks Consensus Estimate of a loss of -2 cents. In the prior year, it had positive earnings of $2.16 per share.
Micron Technology, Inc. is one of the big three leaders in DRAM technology. The company's Dynamic random access memory revenues came in at $2.83 billion (accounting for 69% of the total revenues), down -49% year over year and -41% sequentially. NAND revenues of $1.10 billion (27% of the total) fell -41% year-over-year and -35% sequentially.
For the second fiscal quarter, Micron is expecting revenues of $3.80 billion (+/-$200 million), vs. Zacks Consensus Estimate of $3.77 billion (according to Zacks Equity Research).
It projects adjusted loss per share of 62 cents (+/-10 cents), vs. consensus of 30 cents per share (according to Zacks Equity Research).
Aroon Indicator for MU shows an upward move is likely
MU's Aroon Indicator triggered a bullish signal on July 01, 2026. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 290 similar instances where the Aroon Indicator showed a similar pattern. In of the 290 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MU advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for MU moved out of overbought territory on June 23, 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 48 similar instances where the indicator moved out of overbought territory. In of the 48 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 July 02, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on MU as a result. In of 83 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 June 29, 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 .
MU broke above its upper Bollinger Band on June 22, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
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 66, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very 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 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to average 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 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 (11.123) is normal, around the industry mean (18.127). P/E Ratio (22.415) is within average values for comparable stocks, (253.931). Projected Growth (PEG Ratio) (0.146) is also within normal values, averaging (1.768). Dividend Yield (0.001) settles around the average of (0.014) among similar stocks. P/S Ratio (12.516) is also within normal values, averaging (48.898).
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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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