Micron Technology (MU) Releases Results for Q1 2026

The income of NAND products went up by 22% chiefly due to the fact that of a high-20% scope summation successful spot shipments, partially mitigated by the mid-single-digit percent scope diminution successful mean selling prices. Micron Technology, Inc. (NASDAQ:MU)’s operating income accrued to $6,136 cardinal successful Q1 2026, up from $2,174 cardinal successful Q1 2025, amidst a higher gross margin. Its gross borderline came successful astatine $7,646 cardinal successful Q1 2026 compared to $3,348 cardinal successful Q1 2025.

For Q2 2026, Micron Technology, Inc. (NASDAQ:MU) expects non-GAAP gross to beryllium $18.7 cardinal (plus oregon minus $400 million), and gross borderline to beryllium successful the scope of 68% (plus oregon minus 100 ground points).

Shortly aft the net release, connected December 18, Deutsche Bank lifted the terms people connected the company’s banal to $300 from $280, portion keeping a “Buy” rating.

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