Micron Dips as Tech Rally Softens Ahead of Key Earnings
TL;DR Summary
Micron Technology (MU) closed at 1,000.26, down 1.61% and underperforming a broader market decline (S&P 500 -0.58%, Dow -1.18%), while the stock has risen about 18% over the past month. The company is due to report earnings on September 30, 2026, with Zacks forecasting EPS of 31.39 and revenue of 50.76 billion for the period. Zacks also assigns MU a #2 (Buy) rating, noting a Forward P/E of 6.44 and a PEG of 0.64, suggesting valuation support relative to its Computer – Integrated Systems peers ahead of the print.
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