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).
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
Aroon Indicator for MU shows an upward move is likely
MU's Aroon Indicator triggered a bullish signal on September 29, 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 310 similar instances where the Aroon Indicator showed a similar pattern. In 251 of the 310 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 81%.
Technical Analysis (Indicators)
Bullish Trend Analysis
MU moved above its 50-day moving average on September 15, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for MU crossed bullishly above the 50-day moving average on September 03, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 15 of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 79%.
Following a +3.03% 3-day Advance, the price is estimated to grow further. Considering data from situations where MU advanced for three days, in 260 of 329 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.
Bearish Trend Analysis
The 10-day RSI Indicator for MU moved out of overbought territory on September 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 50 similar instances where the indicator moved out of overbought territory. In 34 of the 50 cases, the stock moved lower in the following days. This puts the odds of a move lower at 68%.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 45 of 60 cases where MU's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 75%.
The Momentum Indicator moved below the 0 level on October 06, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on MU as a result. In 65 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 76%.
The Moving Average Convergence Divergence Histogram (MACD) for MU turned negative on October 06, 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 49 similar instances when the indicator turned negative. In 35 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 71%.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 72%.
MU broke above its upper Bollinger Band on September 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 Price Growth Rating for this company is 3 (best 1 - 100 worst), indicating outstanding 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 17 (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 Profit vs. Risk Rating rating for this company is 20 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 70, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 31 (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 Valuation Rating of 59 (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 (11.820) is normal, around the industry mean (7.975). P/E Ratio (23.824) is within average values for comparable stocks, (165.532). Projected Growth (PEG Ratio) (0.154) is also within normal values, averaging (3.761). Dividend Yield (0.001) settles around the average of (0.007) among similar stocks. P/S Ratio (11.696) is also within normal values, averaging (45.794).
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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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