We recently published 10 Stocks Quietly Climbing Toward 2026. Micron Technology Inc. (NASDAQ:MU) is one of the best performers on Monday. Micron Technology bounced back on Monday to hit a new all-time high, as investors resorted to last-minute buying to qualify for the next dividend payout. At intra-day trading, the stock surged to its highest price of $294.50 before trimming a few cents to end the day just up by 3.41 percent at $294.37 apiece. As part of its quarterly dividend payment, Micron Technolo ...

We recently published Big Winners: 10 Stocks Refusing to take a Holiday. Micron Technology Inc. (NASDAQ:MU) is one of the last week's best performers. Micron managed to eke out a 7.1 percent gain week-on-week despite dipping in the red on Friday, amid a combination of Christmas rush and strong investor confidence, supported by its strong earnings performance and highly optimistic outlook for the fiscal year 2026. In an updated report the week prior, Micron Technology Inc. (NASDAQ:MU) said that it more-t ...

Core Viewpoint - Micron Technology reported record financial results for Q1 fiscal 2026, exceeding analysts' expectations, which has led to a significant increase in its stock price in after-hours trading [1][2]. Financial Performance - Micron achieved revenue of $13.64 billion in Q1 2026, marking a 56.7% year-over-year increase, surpassing analysts' expectations of $12.88 billion [4]. - The cloud memory business unit was the largest contributor to growth, generating $5.28 billion in sales, which represents a 99.5% increase compared to Q1 fiscal 2025 [4]. - Adjusted diluted earnings per share (EPS) were reported at $4.78, exceeding the estimated EPS of $3.94 [6]. - The company reported a record free cash flow of $3.9 billion, surpassing its previous record from Q4 2018 by over 20% [7]. Future Projections - Management projected Q2 2026 revenue between $18.3 billion and $19.1 billion, with adjusted diluted EPS expected to be between $8.22 and $8.62 [8].