For the full fiscal year 2025, which ended August 28, Micron posted revenue of $37.4 billion compared to $25.11 billion the previous year, translating to 49% annual growth. The company’s fourth quarter revenue of $11.32 billion exceeded analyst estimates of $11.11 billion, while adjusted earnings per share of $3.03 surpassed expectations of $2.77 by more than 9%. Critically, gross margins have expanded dramatically, reaching 59% in the fourth quarter, from 49% in Q4 2024, demonstrating improved pricing powe ...

Core Viewpoint - Micron Technology shares increased over 4.5% to $196.32 in premarket trading following an upgrade from Morgan Stanley, which changed its rating from "equal-weight" to "overweight" and raised the price target from $160 to $220 [1] Company Summary - Micron Technology's stock performance reflects positive market sentiment after the upgrade by Morgan Stanley [1] - The price target adjustment indicates increased confidence in Micron's future performance and growth potential [1]