Micron reports record Q4 revenue and raises FY2027 outlook on AI memory demand
Micron Technology posted fiscal fourth‑quarter revenue of $54.23 billion, a 379 % year‑over‑year increase, and adjusted earnings of $33.42 per share. The company forecast first‑quarter fiscal 2027 revenue of about $61.5 billion (±$1.5 billion) and adjusted EPS of $38.15 (±$1). Management highlighted strong AI‑driven demand, a surge in DRAM revenue to $39.8 billion (73 % of total), and long‑term supply agreements now worth $32 billion.
Why it matters
Bob O'Donnell of TECHnalysis Research said the results and guidance “completely blew past expectations” and should reinforce confidence in the AI‑driven memory cycle. The guidance points to a record fiscal 2027 for Micron, implying continued revenue growth and potential cash returns to shareholders.
Key facts
- 1Fiscal Q4 revenue was $54.23 billion, up 379 % YoY. finance.biggo.com
- 2Adjusted EPS for Q4 was $33.42 per share. finance.biggo.com
- 3DRAM revenue reached $39.8 billion, representing 73 % of total revenue. finance.biggo.com
- 4Q1 FY2027 revenue guidance is $61.5 billion, plus or minus $1.5 billion. beinsure.com
- 5Q1 FY2027 adjusted EPS guidance is $38.15 per share, plus or minus $1. beinsure.com
- 6Long‑term supply agreements increased to $32 billion. beinsure.com
Summary written by AlphAI from 14 of 14 sources. Not investment advice. Figures are as stated by the linked sources.