Goldman Sachs Projects Micron Revenue at $51.9 Billion for Current Quarter

According to a Goldman Sachs report dated September 11, 2026, Micron (MU) is expected to report quarterly revenue of $51.9 billion, an 87.3% gross margin, and earnings per share of $32.54, all exceeding market consensus. The firm maintains a neutral rating on Micron with a 12-month price target of $1,100. Goldman Sachs highlights that tight DRAM and NAND supply will drive performance, while investors remain focused on pricing strategies, capital return plans, and HBM4 trends. Potential risks include increased DRAM market share from CXMT (ChangXin Memory Technologies), which could negatively impact pricing.