Micron (MU) stock rallied on Monday after the semiconductor company provided new guidance in its Fiscal Q3 2025 earnings report. The company expects adjusted earnings per share for Fiscal Q4 2025 to range from $2.35 to $2.65, with a midpoint of $2.50. For comparison, Wall Street’s estimate for the period includes adjusted EPS of $2.51.
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Another highlight from the company’s outlook is revenue between $10.4 billion and $11 billion, with a midpoint of $10.7 billion. This would be a new record for the company, but could still miss analysts’ revenue estimate of $10.75 billion for the quarter. The company attributed its Q4 guidance to a “robust demand environment.”
Investors will also note that Micron performed well in Fiscal Q3 2025. The company’s EPS of $1.91 and revenue of $9.3 billion both surpassed Wall Street’s estimates of $1.60 per share and $8.86 billion. EPS increased 208.06% year-over-year, while revenue grew 35.6% over the same period.
Micron Stock Movement Today
Micron stock was up 2.92% Monday morning, extending a 45.72% year-to-date rally. The shares have also increased 25.62% over the past 12 months. High demand for its semiconductor technology in data centers has been a driving factor behind the stock’s recent success.
Is Micron Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Micron is Strong Buy, based on 23 Buy and four Hold ratings over the past three months. With that comes an average MU stock price target of $151.81, representing a potential 23.05% upside for the shares. These ratings and price targets will likely change as analysts update their coverage after today’s earnings report.
