Micron Is Up 285% So Far This Year. Will It Surge or Crash After Earnings?

Benzinga_recent_news06-21 04:48

MU stock has soared this year, mirroring the gains of companies in the memory industry like Samsung Electronics, SK Hynix, and Western Digital (NASDAQ:WDC). This surge has accelerated because of the ...

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Will It Surge or Crash After Earnings?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-21 04:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/equities/26/06/60004657/micron-is-up-285-so-far-this-year-will-it-surge-or-crash-after-earnings><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MU stock has soared this year, mirroring the gains of companies in the memory industry like Samsung Electronics, SK Hynix, and Western Digital (NASDAQ:WDC).\nThis surge has accelerated because of the ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/26/06/60004657/micron-is-up-285-so-far-this-year-will-it-surge-or-crash-after-earnings\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.benzinga.com/markets/equities/26/06/60004657/micron-is-up-285-so-far-this-year-will-it-surge-or-crash-after-earnings","article_id":"2645912360","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=240,format=auto,quality=85/files/images/story/2026/06/20/Micron-Technology-Inc--Logo-On-Smartphon.jpg"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/equities/26/06/60004657/micron-is-up-285-so-far-this-year-will-it-surge-or-crash-after-earnings","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2645912360","pubTimestamp":1781988480,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Micron stock has jumped by 285% this year, helped by the ongoing memory chip shortage. Its earnings reports will be crucial.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"美光科技今年迄今已上涨285%。财报公布后会飙升还是暴跌？","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/f5a03b80a315790ee1435cb85aafce78","symbols_score_info":{"MULL":0.6,"MU":1.97,"MUU":0.6,"MUD":0.6},"content_text":"MU stock has soared this year, mirroring the gains of companies in the memory industry like Samsung Electronics, SK Hynix, and Western Digital (NASDAQ:WDC).\nThis surge has accelerated because of the ongoing supply shortage, which has led to a surge in prices, a trend that may continue over time. As a result, its revenue growth has accelerated, with the second quarter figure rising by 75% QoQ to $23 billion. This increase was up by 196% from the same period last year. \nIts Dynamic Random Access Memory (DRAM) business made over $18.8 billion, up by 207% YoY. Similarly, NAND, which includes its SSD and USB solutions, made $5 billion, up by 169% YoY. \nMost notably, this revenue growth is happening at a time when its margins are soaring. Its net profit margin soared to 57.7% from 28% last year, and this figure may soar to over 60% in the next financial year.\nAnalysts are optimistic that the MU stock has more gains to go this year. Stifel Nicolaus, Deutsche Bank, and Cowen analysts expect that its stock will jump to $1,500. Rosenblatt and Wells Fargo see the stock soaring to over $1,220. \nIn addition to its strong revenue growth, the company is still trading at a bargain. It has a forward P/E ratio of 18, lower than the S&P 500 Index average of 23, and its sector median of 32.\nThe daily chart shows that Micron shares have just jumped above the crucial resistance at $1,087. Moving above that level shows that it has invalidated the double-top pattern whose neckline is at $854.\nMicron has also moved to the overshoot level of the Murrey Math Lines tool. This means that it has some more upside, potentially to the extreme overshoot level of $1,250. On the other hand, a drop below the ultimate resistance at $1,000 will invalidate the bullish outlook.\nImage: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2645912360","isCrawlerRequest":true}