Aug. 11 at 12:46 PM
Micron Technology shares rose 5.6% in Monday’s premarket after the memory chipmaker raised its fiscal Q4 2025 guidance, citing improved pricing and strong execution.
The Boise, Idaho-based company now expects revenue between
$11.1B and
$11.3B (midpoint
$11.2B), above its prior
$10.4B–
$11.0B range (midpoint
$10.7B) and exceeding analysts’ consensus of
$10.74B.
Micron also raised its non-GAAP gross margin outlook to 44.0%–45.0% (midpoint 44.5%) from 41.0%–43.0% (midpoint 42.0%), and lifted its non-GAAP EPS forecast to
$2.78–
$2.92 (midpoint
$2.85) from
$2.35–
$2.65 (midpoint
$2.50), beating the
$2.52 consensus.
The company credited the upgrade to better pricing conditions, particularly in DRAM products, and strong operational execution. EVP & Chief Business Officer Sumit Sadana will share more details later today at the Keybanc Technology Conference 2025 in Park City, Utah.
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