Micron will report its fiscal 2026 fourth-quarter results Wednesday evening, with analysts expecting EPS of $1.49 on revenue of $8.9 billion. The stock has surged nearly 280% year-to-date, driven by sustained demand for DRAM and HBM memory in the artificial intelligence boom. Ninety-five percent of analysts have a buy-equivalent rating, with price targets of $1,625 at UBS, $1,400 at Wells Fargo and $1,300 at Citi. Investors will focus closely on the duration of the memory shortage, buyback commentary and strategic customer agreements covering roughly 40% of revenue. Jim Cramer’s Charitable Trust holds a buy-rated position in Micron and added shares on Sept. 14.
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