Micron Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
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Micron Technology, Inc.MUwill release earnings results for the third quarter, after theclosing bell on Wednesday, June 25.Analysts expect the Boise, Idaho-based company to report quarterly earnings at $1.61 per share, up from 62 cents per share in the year-ago period. Micron Technology projects to report quarterly revenue at $8.85 billion, compared to $6.81 billion a year earlier, according to data fromBenzinga Pro.Micron and the Trump Administration announced on June 12 that Micron plans to expand its U.S. investments to approximately $150 billion in domestic memory manufacturing and $50 billion in R&D, potentially creating 90,000 direct and indirect jobs.Micron shares rose 4.8% to close at $127.91 on Wednesday.Benzinga readers can access the latest analyst ratings on theAnalyst Stock Ratingspage. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.Let's have a look at how Benzinga's most-accurateanalysts have rated the companyin the recent period.Rosenblatt analyst Kevin Cassidy maintained a Buy rating with a price target of $172 on June 23, 2025. This analyst has an accuracy rate of 75%.Wells Fargo analyst Aaron Rakers maintained an Overweight rating and raised the price target from $130 to $150 on June 20, 2025. This analyst has an accuracy rate of 84%.Citigroup analyst Christopher Danely maintained a Buy rating and increased the price target from $110 to $130 on June 9, 2025. This analyst has an accuracy rate of 80%.Mizuho analyst Vijay Rakesh maintained an Outperform rating and boosted the price target from $124 to $130 on June 5, 2025. This analyst has an accuracy rate of 77%.UBS analyst Timothy Arcuri maintained a Buy rating and raised the price target from $92 to $120 on June 5, 2025. This analyst has an accuracy rate of 80%.Considering buying MU stock? Hereās what analysts think:Read This Next:Top 3 Real Estate Stocks You May Want To Dump In JunePhoto via ShutterstockLoading...Loading...MUMicron Technology Inc$128.820.71%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock ā anytime.Reveal Full ScoreEdge RankingsMomentum77.97Growth66.14Quality84.66Value57.39Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIsĀ© 2025 Benzinga.com. . .EarningsAnalyst RatingsOptionsDividendsIPOsDateā²ā¼tickerā²ā¼nameā²ā¼Actual EPSā²ā¼EPS Surpriseā²ā¼Actual Revā²ā¼Rev Surpriseā²ā¼Click to see moreEarningsupdatesEarnings CalendarNever Miss Important CatalystsSort by estimates, projected upside, profit surprises, and more to easily find new stocks to invest in or check up on your portfolio.Click to JoinPosted In:EarningsNewsPrice TargetMarketsAnalyst RatingsTrading IdeasMost Accurate AnalystsBenzinga simplifies the market for smarter investingTrade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.Join Now: Free!Already a member?Sign in