1. MU's Q3 earnings expected at $1.61 per share, up from $0.62 last year. 2. Projected revenue of $8.85 billion, a significant increase from $6.81 billion. 3. Analyst maintains a Buy rating with a price target of $172. 4. Current dividend yield at 0.36%, with focus on investor gains. 5. Shares rose 4.8% recently, closing at $127.91.
The significant earnings growth and analyst support are likely to attract investors. Historical trends show strong earnings reports often lead to sustained stock price increases.
Earnings results and positive analyst ratings directly correlate with investor sentiment and stock price. The projected revenue increase further solidifies future growth expectations.
Upcoming earnings report may lead to immediate stock movements. Short-term price changes typically occur surrounding earnings announcements.