Prediction: Micron Stock Will Go Parabolic After Sept. 30
Micron stock looks cheap heading into its Q4 earnings report.
Overview
Micron Technology (NASDAQ: MU) started the year incredibly hot, rising 325% for the year at its peak. However, it cooled off after July arrived, and the stock has sold off a fair bit. It's now down over 20% from its all-time high, but I think that will change after Sept. 30.
Why? Micron reports results for its fiscal 2026's fourth quarter on Sept. 30, and I think it could be the news that it needs to start a major rally. Additionally, I think it could surge past previous all-time highs and end 2026 on a high note. If you don't own any Micron shares now, it could be the perfect time to buy.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.