Micron Preps Q2 Earnings as Ownership Map Signals AI Chip Demand
TL;DR Summary
Micron Technology is set to report Q2 FY26 results on March 18 amid strong AI-driven memory-chip demand. Public owners own about 41.9% of MU, ETFs 27.9%, mutual funds 26.8%, with Vanguard leading the list at 8.0%; Vanguard indices and major ETFs like VTI and VOO hold additional stakes. Wall Street remains bullish with a Strong Buy consensus and a $440.67 average target, implying ~8.7% upside, as the stock has surged ~324% over the last year. The Q2 outlook calls for EPS around $8.74 on roughly $19.03 billion in revenue, driven by demand for HBMs and DRAM in data centers.
- Micron (MU) Is About to Report Q2 Earnings, Let’s Look at Who Owns the Chip Stock TipRanks
- Analyts Remain Positive on Micron Technology, Here’s Why? Yahoo Finance
- Micron Stock Gets Powerful Setup Ahead Of Earnings (NASDAQ:MU) Seeking Alpha
- US’s biggest memory-chip maker, Boise’s Micron, booms as never before in AI rush Idaho Statesman
- Top Wells Fargo Analyst Raises Micron Stock (MU) Price Target Ahead of Q2 Earnings TipRanks
Reading Insights
Total Reads
0
Unique Readers
14
Time Saved
15 min
vs 16 min read
Condensed
97%
3,056 → 99 words
Want the full story? Read the original article
Read on TipRanks