Micron stock crashed after the company reported weaker-than-expected guidance.In this video, I will go over Micron Technology's (MU -16.18%) first-quarter earnings report and explain why the stock is dropping. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Dec. 18, 2024. The video was published on Dec. 18, 2024. ...

This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell.Analyst’s Disclosure: I/we h ...

Key TakeawaysMicron Technology shares tanked Thursday after the chipmaker warned about near-term demand issues.Bank of America analysts lowered their rating on Micron's stock and cut their price target, while Citi lowered its estimates for Micron's fiscal 2025 and 2026 earnings and revenue.The shares recently traded around their lowest levels since September. Micron Technology (MU) shares sank Thursday after the chipmaker warned about softness in consumer-oriented markets and some analysts lowered their ou ...

Providing alpha-generating investment ideas. I am an independent investor managing my family's portfolio, primarily via a Self Managed Super Fund. You can expect my articles to deliver a clearly structured, evidence-based thesis. But first and foremost, I encourage readers to judge me on my performance.I have a generalist approach as I explore, analyze and invest in any sector so long there is perceived alpha potential vs the S&P500. The typical holding period ranges between a few quarters to multiple years ...

Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Micron Technology, Inc. (NASDAQ: MU ) surged with its 4Q 2024 results just a few months ago, despite us discussing in an article at the time how the earni ...

Micron CEO Sanjay Mehrotra speaks before US President Joe Biden delivers remarks on "how the CHIPS and Science Act and his Investing in America agenda are growing the economy and creating jobs," at the Milton J. Rubenstein Museum in Syracuse, New York, on April 25, 2024.Micron shares plummeted 16% on Thursday — heading for their worst day since March 2020 and the start of the Covid pandemic — after the chipmaker issued disappointing second-quarter guidance in its earnings report.The stock fell to $86.78 in ...

Micron Technology (MU) reported first-quarter fiscal 2025 earnings of $1.79 per share, beating the Zacks Consensus Estimate by 2.3%. The company had incurred a loss of 95 cents per share in the year-ago period.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Micron’s revenues increased 84.3% year over year to $8.71 billion and matched the Zacks Consensus Estimate.Despite reporting strong fiscal first-quarter performance, shares of the memory chip maker plunged more than 16% during Wedn ...

Is today's sell-off a good opportunity to buy Micron stock?Computer memory maker Micron (MU -15.54%) stock tumbled 16.5% through 9:45 a.m. ET Wednesday despite the company reporting earnings that equaled or exceeded the targets Wall Street had set for it in fiscal Q1 2025.Expected to report $1.77 per share in profit on $8.7 billion in sales, Micron actually reported $1.79 per share in profit and sales of $8.71 billion -- beating on both top and bottom lines, if only just barely. Micron Q1 earningsNot all Mi ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

For the quarter ended November 2024, Micron (MU) reported revenue of $8.71 billion, up 84.3% over the same period last year. EPS came in at $1.79, compared to -$0.95 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $8.71 billion, representing a surprise of -0.01%. The company delivered an EPS surprise of +2.29%, with the consensus EPS estimate being $1.75.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...