Micron Joins Zacks Strong Buy List with 307.5% EPS Growth Forecast
Micron Technology was added to the Zacks Rank #1 list on August 20, 2025, following four analysts raising fiscal 2026 earnings estimates by $2.42 to $33.78 per share and forecasting 307.5% EPS growth. Revenue is projected to climb 99.7% to $74.6 billion, and the stock has gained 5% over four weeks versus a 1% S&P decline.
1. Zacks Rank #1 Inclusion
Micron Technology secured a Zacks Rank #1 (Strong Buy) designation on August 20, 2025, based on the magnitude of earnings estimate revisions, analyst agreement, upside potential and recent earnings surprises.
2. Earnings Estimates Revised Upward
Over the past 60 days four analysts raised the fiscal 2026 EPS consensus by $2.42 to $33.78, implying a 307.5% year-over-year increase driven by memory market strength and improving cost structures.
3. Revenue Outlook and Stock Performance
Fiscal 2026 revenue is forecast at $74.62 billion, up 99.7% year-on-year, while Micron's shares have risen 5% over four weeks compared to a 1% drop in the S&P 500, reflecting strong momentum.