Wall Street Expected Micron to Stumble. Here's Why the Bears Could Be Dead Wrong.

Micron Technology (MU +0.59%) obliterated analysts' expectations with its fiscal second-quarter 2026 earnings report (for the three months ended Feb. 26, 2026) on March 18, putting to rest any fears that the memory specialist has run out of room for growth.Wall Street had set high revenue and earnings targets for Micron, above its guidance of $8.42 per share in earnings on $18.70 billion in revenue. However, the strong memory demand and pricing environment helped Micron triple its revenue year over year to ...