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Micron Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga03-18

Micron Technology, Inc. (NASDAQ:MU) will release earnings results for its second quarter, after the closing bell on Wednesday, March 18.

Analysts expect the Boise, Idaho-based company to report quarterly earnings at $8.77 per share, up from $1.56 per share in the year-ago period. The consensus estimate for Micron's quarterly revenue is $19.26 billion, versus $8.05 billion a year earlier, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in four straight quarters and in nine of the last 10 quarters overall.

Micron shares rose 4.5% to close at $461.69 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. 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-accurate analysts have rated the company in the recent period.

  • Rosenblatt analyst Kevin Cassidy maintained a Buy rating with a price target of $500 on March 16, 2026. This analyst has an accuracy rate of 76%.
  • TD Cowen analyst Krish Sankar maintained a Buy rating and raised the price target from $450 to $500 on March 16, 2026. This analyst has an accuracy rate of 72%.
  • RBC Capital analyst Srini Pajjuri maintained an Outperform rating and raised the price target from $425 to $525 on March 16, 2026. This analyst has an accuracy rate of 82%.
  • Wedbush analyst Matt Bryson maintained an Outperform rating and increased the price target from $320 to $500 on March 13, 2026. This analyst has an accuracy rate of 86%.
  • Wells Fargo analyst Aaron Rakers maintained an Overweight rating and raised the price target from $410 to $470 on March 12, 2026. This analyst has an accuracy rate of 85%.

Considering buying MU stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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