Micron Stock Heads Into Q3 Earnings: Soaring Profit Builds Case for Further Upside

Micron Technology (MU) will report fiscal third-quarter 2026 earnings on June 24. Surging revenue for high-bandwidth memory (HBM), DRAM, and NAND, coupled with increased pricing, has led Micron to deliver massive earnings growth over the past several quarters. This, in turn, has driven a significant rally in MU stock.

Micron has delivered eye-popping returns, with its shares climbing 858% over the past year and 315% year-to-date (YTD).