Micron Technology, Inc.

NASDAQ Global Select
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Bullish +65

Why Is Wall Street So Bullish on Micron? There's 1 Key Reason.

📈 Micron stock has risen more than 800% over the last year with many analysts modeling continued growth.

💰 The company reported non-GAAP EPS of $25.11 on sales of $41.46 billion for the quarter ended May 28, beating estimates.

📊 Analysts expect Micron to be the world's third-most profitable company in 2027 with estimated operating income of $200.8 billion.

🚀 Operating income grew from roughly $1.94 billion to approximately $10.85 billion in the last fiscal year.

🏆 Micron is projected to trail only Alphabet ($207.6B) and Nvidia ($359.4B) in 2027 operating profits.

📉 The Motley Fool Stock Advisor recently released a top 10 stock list that excluded Micron Technology.

📝 The article notes Stock Advisor's total average return is 911% versus the S&P 500's 208%.

Bullish Signals
  • Micron recorded non-GAAP earnings per share of $25.11 on sales of $41.46 billion, significantly exceeding analyst estimates of $20.78 per share on $35.84 billion.
  • Analysts project Micron will achieve an estimated operating income of $200.8 billion in 2027, ranking it as the third-most profitable company globally behind only Alphabet and Nvidia.
  • The company demonstrated a massive recovery in profitability, with operating income rising from roughly $1.94 billion to approximately $10.85 billion in the previous fiscal year.
Risk Factors
  • Micron Technology was not included in The Motley Fool Stock Advisor's recent list of 10 best stocks for investors to buy now.
  • The article notes that Micron is currently trailing Alphabet and Nvidia in projected 2027 operating income, though it still ranks third overall.
Full Analysis
Micron Technology (NASDAQ: MU) stock has surged over 800% in the last year, driven by exceptional financial performance and strong Wall Street sentiment. The company reported non-GAAP earnings per share of $25.11 on sales of $41.46 billion for the quarter ended May 28, significantly beating analyst estimates of $20.78 per share on $35.84 billion in revenue. Analysts project Micron will rank as the third-most profitable company globally by calendar year 2027, with estimated operating income of $200.8 billion. This figure would trail only Alphabet and Nvidia but surpass major peers like Microsoft ($194 billion) and Apple ($170.5 billion). The company's operating income grew from roughly $1.94 billion to $10.85 billion in the previous fiscal year, indicating a rapid recovery and expansion trajectory. Despite the bullish outlook on Micron, The Motley Fool Stock Advisor recently released a list of 10 preferred stocks that did not include Micron Technology. The publication highlights its own track record, citing massive historical returns for past recommendations like Netflix and Nvidia, while noting its total average return is 911% compared to the S&P 500's 208%.