Story perspectives
Micron Stock Soars on Record Earnings, 40% Market Growth
1/5/2026
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Story summary
- Micron Technology's stock surged in late 2025 on record revenue and earnings growth.
- Analysts project earnings of $32.14 per share for the fiscal year, up from $8.29, driven by a 20% rise in DRAM prices due to strong data center demand.
- Management expects memory-chip market growth of 40% annually to reach $100 billion by 2028.
- The stock trades at about nine times this year's earnings estimates.
