Micron Technology will report Q4 earnings on September 30, with analysts expecting significant growth to $31.30 per share from $3.03 year-ago, and revenue of $50.62 billion versus $11.31 billion previously. The company recently appointed new leadership including Manish Bhatia as president and COO, while top-rated analysts maintain bullish ratings with price targets ranging from $1,150 to $2,000.
Micron stock rebounds above $1000 as RBC raises Q3 DRAM price expectations to over 20% quarter-over-quarter growth, citing strong HBM demand and constrained EUV equipment supply.