Heads-up: Micron reports fiscal Q4 after Sep 30 close (call 4:30 PM ET) — consensus at top of guide, revenue ~$50.8-51.4B, adj EPS ~$31.4-31.7
What happened
Micron reported fiscal Q4 2026 after the close Wednesday Sep 30 (call 4:30 PM ET). Company guide: revenue $50.0B +/- $1.0B, non-GAAP EPS $31.00 +/- $1.00, gross margin ~86%. Street consensus sat at the top end: revenue ~$50.8-51.4B, adj EPS ~$31.4-31.7. Stock ~$1,075-1,082, up ~282%+ YTD; HBM4 sold out through 2027. Options market implied ~8% post-print move. Key numbers beyond beat/miss: FQ1 FY27 guidance, DRAM/NAND pricing trajectory, and gross-margin direction.
Why it matters & what’s next are part of Pro, along with the audio summary.
Start your free 14-day trialWho’s affected
- Micron (MU) directly; memory/semiconductor complex
- DELL via the memory-constraint read-through for its AI server backlog conversion.