- Micron’s adjusted revenue for Q1 is $13.64 billion, a 57% increase from the previous year, surpassing the estimated $12.95 billion.
- Adjusted earnings per share (EPS) rose significantly to $4.78 from $1.79 last year, beating the estimate of $3.95.
- The company’s adjusted operating income reached $6.42 billion, compared to $2.39 billion a year ago, higher than the forecasted $5.37 billion.
- Cash flow from operations jumped to $8.41 billion, up from $3.24 billion the prior year, exceeding the $5.94 billion estimate.
- Research and development (R&D) expenses increased by 32% year-over-year to $1.17 billion, slightly above the forecasted $1.15 billion.
- Adjusted operating expenses grew by 27% year-over-year to $1.33 billion, slightly lower than the $1.34 billion estimate.
- Micron’s shares increased by 4.6% in post-market trading, reaching $236.00 with 63,818 shares changing hands.
- The company maintains a strong market position with 42 buys, 5 holds, and 2 sells in recent analyst ratings.
Micron Technology on Smartkarma
Analyst coverage of Micron Technology on Smartkarma indicates a positive outlook for the company’s future. Nicolas Baratte recommends investment in Micron and SK Hynix stocks due to the expected surge in HBM revenue and profit growth. Baptista Research highlights Micron’s game-changing 1-Gamma Node Expansion and its potential to reduce costs and boost output in the NAND and DRAM markets. Raghav Vashisht reports Micron’s strong Q4 performance, driven by DRAM and data center sales, with a focus on tight supply to support pricing in 2026.
Vincent Fernando, CFA points out the industry’s shift towards a “sticky pricing era” benefiting Micron and SK Hynix over Nanya Tech due to the difficulty of swapping out HBM memory in GPU products. Similarly, William Keating notes that Micron’s customisation of HBM4E base logic die is strengthening key customer relationships, leading to positive revenue revisions. Analyst sentiment overall leans towards optimism regarding Micron Technology‘s growth prospects and market position.
A look at Micron Technology Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma’s scores, Micron Technology shows a promising long-term outlook. With a solid score of 4 in Resilience and a perfect 5 in Momentum, the company seems well-positioned to withstand market fluctuations and is currently gaining strong traction. Additionally, Micron Technology scores a 3 in Growth, indicating the potential for future expansion and development. While Value and Dividend scores are slightly lower at 2 each, the overall outlook for the company appears positive. As a manufacturer of various semiconductor components, including memory chips like DRAMs and Flash Memory, Micron Technology continues to demonstrate its presence and competitiveness in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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