Micron Technology(US:MU) ZACKS·2025-06-10 22:51Group 1 - Micron's stock closed at $114.14, reflecting a +2.88% increase, outperforming the S&P 500's gain of 0.55% [1] - Over the past month, Micron's shares have increased by 20.22%, surpassing the Computer and Technology sector's gain of 11.3% and the S&P 500's gain of 6.29% [2] - Micron is set to announce its earnings on June 25, 2025, with projected EPS of $1.57, indicating a 153.23% increase year-over-year, and revenue expected to be $8.81 billion, up 29.33% from the previous year [3] Group 2 - For the fiscal year, earnings are projected at $6.93 per share and revenue at $35.49 billion, representing increases of +433.08% and +41.34% respectively from the prior year [4] - Recent adjustments to analyst estimates for Micron reflect positive sentiment regarding the company's business and profitability [4] - The Zacks Rank system indicates Micron currently holds a rank of 3 (Hold), with a stagnant EPS estimate over the past month [6] Group 3 - Micron's Forward P/E ratio is 16.02, which is lower than the industry's average Forward P/E of 18.04, suggesting a valuation discount [7] - The Computer - Integrated Systems industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 84, placing it in the top 35% of over 250 industries [7][8]