UBS: Micron FQ4 Revenue Forecast at $52.4B, Maintains Buy Rating with $1,625 Target Price
Source：
www.techflowpost.com
According to Chaoxiang Research, UBS's research report dated September 23, 2026 maintains a Buy rating on Micron Technology with a price target of $1,625, representing an upside of approximately 48% from the September 22 closing price of $1,096.16. UBS estimates Micron's FQ4 revenue at $52.4 billion with a gross margin of 87.6%, approximately 160 basis points above guidance; FQ1 revenue guidance is projected at $58.0 to $59.0 billion, with a gross margin expected to increase sequentially by approximately 100 basis points. Earnings per share forecasts for Calendar Years 2027 to 2029 are $212, $277, and $219, respectively.
