1. Micron to report Q2 earnings on March 20, 2025. 2. Analysts expect earnings of $1.42 per share, a significant increase. 3. UBS maintains Buy rating, increasing price target to $130. 4. Current dividend yield is 0.45%, with a 12-cent quarterly payout. 5. Micron shares gained 0.3%, closing at $102.06 on Wednesday.
Strong earnings growth expectations and a positive price target revision suggest upward pressure. Historical precedents, such as past earnings beats, have led to favorable market reactions.
Upcoming earnings report and upward revisions from analysts suggest significant investor interest, impacting stock performance. The maintained Buy rating further solidifies positive sentiment.
Earnings announcements typically prompt immediate price volatility, reflecting investor sentiment and trading activity. This can significantly influence stock price in the days following the report.