Micron Set to Report Q4 2026 Earnings on Sept. 30 as Stock Faces 4.1% September Volatility
Updated
Updated · The Motley Fool · Aug 31
Micron Set to Report Q4 2026 Earnings on Sept. 30 as Stock Faces 4.1% September Volatility
3 articles · Updated · The Motley Fool · Aug 31
Summary
Sept. 30 is Micron’s fiscal Q4 2026 earnings date, with investors watching whether the report can extend a rebound that lifted the stock to $932.86 from below $740 in late July.
September has been choppy for Micron: the stock averaged a 4.1% gain from 2017 to 2025, but that figure was skewed by a 40% jump in 2025, while five of the past nine Septembers were negative.
A miss could deepen that seasonal pressure, even though Micron has typically fared better later in the year, averaging gains of 5.3% in October and 7.8% in November over the same period.
Longer term, the bigger question is whether Micron can look less cyclical as AI-driven demand boosts pricing power—its cloud memory gross margin reached 83% in fiscal Q3, up from 58% a year earlier.
Micron is also using 16 strategic customer agreements tied to $22 billion in expected commitments and deposits to lock in floor pricing, though its forward P/E of 6 suggests investors still doubt the shift.