Micron Technology (MU) Soars 4.17% on Earnings, Guidance

Micron Technology's stock surged 4.17% in pre-market trading on August 11, 2025, driven by a combination of positive earnings reports and strategic guidance updates.

Micron Technology recently reported a strong quarterly performance, with earnings per share (EPS) of $1.91, exceeding analyst estimates. This robust financial performance has bolstered investor confidence in the company's growth prospects.

Additionally, Micron updated its guidance for the fourth quarter of fiscal 2025, projecting revenue of $11.2 billion with non-GAAP gross margins at 44.5%. This optimistic outlook has further fueled the stock's upward momentum, as investors anticipate continued financial strength.

Analysts have maintained a consensus rating of "Moderate Buy" for Micron, reflecting their positive outlook on the company's future performance. Stifel, a prominent investment firm, recently raised its price target for Micron, citing the company's aggressive growth potential.

The positive sentiment surrounding Micron is also influenced by broader market trends, including favorable tariff news and rate cut hopes, which have contributed to a rally in the tech sector. The company's strategic positioning in the semiconductor industry, coupled with its strong financial performance, has positioned Micron as a key player in the market.