Micron Technology (MU) Shares Decline After Revenue, Guidance Misses Expectations

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Go back to Micron Technology (MU) Shares Decline After Revenue, Guidance Misses Expectations

Micron Technology (MU) PT Lowered to $70 at BMO Capital

September 30, 2022 6:46 AM EDT

BMO Capital analyst Ambrish Srivastava lowered the price target on Micron Technology (NASDAQ: MU) to $70.00 (from $80.00) while maintaining a Outperform rating following earnings.

The analyst commented, "We said heading into earnings that our thesis will be put to a severe test... More

Micron Technology (MU) Tops Q4 EPS by 4c, Guidance Misses

September 29, 2022 4:03 PM EDT

Micron Technology (NASDAQ: MU) reported Q4 EPS of $1.45, $0.04 better than the analyst estimate of $1.41. Revenue for the quarter came in at $6.64 billion versus the consensus estimate of $6.81 billion.

GUIDANCE:

Micron Technology sees Q1 2023 EPS of $0.14-($0.06), versus the consensus of... More