Buy Or Sell Micron Stock Ahead Of Earnings?

Group 1 - Micron Technology is expected to announce earnings on September 23, 2025, with an estimated earnings per share of approximately $2.85, up from $1.18 per share in the same quarter last year, indicating significant growth [2] - Revenues for the quarter are projected to be around $11 billion, representing a 43% year-over-year increase, driven by the demand for AI infrastructure and high-bandwidth memory products [2] - In Q3 FY'25, HBM revenue surged nearly 50% quarter-over-quarter, positioning the business at an annual run rate of $6 billion [2] Group 2 - The company currently has a market capitalization of $152 billion, with total revenue of $34 billion over the past twelve months, and reported operating profits of $7.6 billion and net income of $6.2 billion [3] - Historical data shows that Micron Technology has had 19 earnings data points over the last five years, with 7 positive and 12 negative one-day returns, resulting in a positive return rate of approximately 37% [5] - The median of the 7 positive returns is 8.6%, while the median of the 12 negative returns is -4.2% [5]