8/102 sources · 2 publishersUpdated Oct 8, 17:13 UTC
Micron posts strong Q4 revenue and margins as analysts warn of 2027 memory price peak
Micron Technology reported fourth‑quarter revenue of $54.23 billion and an 86.8% gross margin. Annual revenue rose to $133.19 billion, up from $37.38 billion a year earlier. The stock slipped 0.17% to $1,062.12, trading at a 40.47% premium to the GuruFocus valuation. Citi analyst Atif Malik forecasts a peak in memory prices by mid‑2027.
Why it matters
Citi's Atif Malik expects memory prices to peak by mid‑2027, which could limit future revenue growth. The high valuation premium contributed to the stock edging lower on the earnings release.
Key facts
- 1Micron reported fourth‑quarter revenue of $54.23 billion. gurufocus.com
- 2The company's gross margin for the quarter was 86.8%. gurufocus.com
- 3Annual revenue reached $133.19 billion, up from $37.38 billion the prior year. gurufocus.com
- 4Micron shares fell 0.17% to $1,062.12. gurufocus.com
- 5The stock trades at a 40.47% premium to the GuruFocus value estimate. gurufocus.com
Open questions
- Material 1 says Q4 revenue grew 30.8% QoQ, while material 2 says 30.8% YoY.
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.