Micron Technology forecasts Q4 revenue at $10.7 billion.

Micron Technology forecasts Q4 revenue at $10.7 billion.

Micron Technology (NASDAQ:MU) is set to release its Q4 2025 earnings on Wednesday, June 25. Analysts expect the company to report an earnings per share (EPS) of $1.59 [1]. The market is eagerly anticipating Micron's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

Micron Technology's past earnings performance has been mixed. The company's EPS beat by $0.14 in the last quarter, leading to an 8.04% drop in the share price on the following day. Here's a look at Micron's past performance and the resulting price change [1]:

| Quarter | EPS Estimate | EPS Actual | Price Change % |
|----------|--------------|------------|----------------|
| Q2 2025 | 1.42 | 1.56 | -8.0% |
| Q1 2025 | 1.76 | 1.79 | -16.0% |
| Q4 2024 | 1.13 | 1.18 | 15.0% |
| Q3 2024 | 0.51 | 0.62 | -7.0% |

Shares of Micron Technology were trading at $122.08 as of June 23, down 10.15% over the last 52-week period. Analysts have given Micron a total of 12 ratings, with the consensus rating being Buy. The average one-year price target is $117.92, indicating a potential 3.41% downside [1].

Micron Technology ranks at the top among its peers in terms of revenue growth and gross profit. However, it lags behind in return on equity. The company's revenue growth over a period of 3 months has been noteworthy, with a growth rate of approximately 38.27% as of 28 February, 2025 [2]. Micron's net margin excels beyond industry benchmarks, reaching 19.66%, but its return on equity (ROE) is below industry standards at 3.32% [1].

The company's guidance for the period ending May 31, 2025, was for revenue between $8.60 billion and $9.00 billion, with an EPS guidance of between $1.47 and $1.57. Analysts expect a 30.3% increase in revenue to $8.872 billion [2].

Analysts' ratings and price targets for Micron Technology vary, but the consensus is generally positive. The current average analyst rating on the shares is "buy" [2].

References:
[1] https://www.nasdaq.com/articles/exploring-micron-technologys-earnings-expectations
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3SQ20Y:0-micron-technology-inc-expected-to-post-earnings-of-1-60-a-share-earnings-preview/