Micron Technology Inc. (NASDAQ:MU) reports fiscal fourth-quarter earnings after the bell Wednesday, with investors looking for clues on whether the AI-driven memory boom can keep running into 2027.
Wall Street expects adjusted earnings of $31.45 per share, up from $3.03 a year ago, on revenue of $50.75 billion, up about 349%.
The stakes stretch beyond Micron. FactSet estimates put the company on track to become the biggest contributor to S&P 500 earnings growth this quarter, ahead of Nvidia.
Polymarket gives Micron a 95% chance of reporting adjusted EPS above $32.22, a threshold above both Wall Street consensus and the top of Micron’s own $30-to-$32 guidance range.
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