Micron Beats Earnings Estimates & Raises Guidance
Micron Technology (NASDAQ: MU) posted fiscal Q4 2026 earnings results that comfortably beat Wall Street estimates on both top and bottom lines, driven by insatiable AI demand for high-bandwidth memory (HBM). Alongside the beat, management issued strong Q1 FY2027 guidance above consensus forecasts.
Q4 FY2026 Results Beat vs. Expectations
Revenue: $54.23 Billion vs. $50.45 Billion expected (+379% YoY)
Adjusted EPS: $33.42 vs. $31.16 expected
Lifted Q1 FY2027 Guidance
Revenue Guidance: $60.0B – $63.0B vs. $57.2B Wall Street consensus
EPS Guidance: $37.15 – $39.15 vs. $35.36 Wall Street consensus
Key Growth Drivers
AI Data Center Supercycle: High-bandwidth memory architectures (HBM3E / HBM4) remain severely supply-constrained, giving Micron significant pricing power.
Gross Margin Expansion: Revenue gains were primarily driven by rising average selling prices rather than volume alone, protecting operating leverage as input costs remained steady.
Long-Term Visibility: Management highlighted that AI-driven memory demand is expected to remain tight through 2027–2028 #.#Binance #square
Micron Technology (NASDAQ: MU) posted fiscal Q4 2026 earnings results that comfortably beat Wall Street estimates on both top and bottom lines, driven by insatiable AI demand for high-bandwidth memory (HBM). Alongside the beat, management issued strong Q1 FY2027 guidance above consensus forecasts.
Q4 FY2026 Results Beat vs. Expectations
Revenue: $54.23 Billion vs. $50.45 Billion expected (+379% YoY)
Adjusted EPS: $33.42 vs. $31.16 expected
Lifted Q1 FY2027 Guidance
Revenue Guidance: $60.0B – $63.0B vs. $57.2B Wall Street consensus
EPS Guidance: $37.15 – $39.15 vs. $35.36 Wall Street consensus
Key Growth Drivers
AI Data Center Supercycle: High-bandwidth memory architectures (HBM3E / HBM4) remain severely supply-constrained, giving Micron significant pricing power.
Gross Margin Expansion: Revenue gains were primarily driven by rising average selling prices rather than volume alone, protecting operating leverage as input costs remained steady.
Long-Term Visibility: Management highlighted that AI-driven memory demand is expected to remain tight through 2027–2028 #.#Binance #square