Why Wall Street Keeps Underestimating Micron
Micron is crushing the market now, but Wall Street wonders how long it will last.
Overview
Wall Street knows that Micron Technology (NASDAQ: MU) more than quadrupled its revenue year over year in its fiscal 2026 third quarter. It also notes that Micron guided to $50 billion in revenue for the fiscal fourth quarter, suggesting more than 20% sequential growth.
The stock has plunged since Micron reported earnings, and it's more than 27% off all-time highs. It's a sign that Wall Street continues to underestimate Micron. Here's why the bears are wrong.
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Originally published at www.fool.com.
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