Micron Technology Q4 revenue reached $54.229 billion, surpassing expectations and raising sales guidance.

Micron Technology (MU.US) reported Q4 2026 revenue of $54.229 billion, compared to $11.315 billion in the same period last year, and a market expectation of $50.584 billion. Micron Technology also provided a current quarter sales forecast that exceeds expectations, as the rapid development of artificial intelligence drives unprecedented demand. In a statement on Wednesday, the company stated that it expects revenue for the first quarter of the next fiscal year to be approximately $60 billion to $63 billion, while analysts’ average expectation was $56.8 billion. Excluding certain items, profit will be about $38.15 per share, compared with a forecast of $36.02. After the report was released, the stock price rose less than 1% in after-hours trading. Analysts from Morgan Stanley stated: “We believe that the market situation remains very positive in the short term, with strong demand and obvious price increases. The focus of discussion has clearly shifted from how good it can get to how long the benefit can last.”