Micron Technology (NASDAQ:MU) is a leading player in the memory and storage products industry, with a strong presence in both the U.S. and international markets. The company is gearing up to announce its Q3 2025 earnings on June 25, and Wall Street analysts are optimistic about its performance. They are expecting Micron to report an EPS of $2.34, a significant increase from $0.62 in the previous year. Additionally, quarterly revenue is projected to reach $8.59 billion, up from $6.81 billion in the same period last year.
Looking back at Micron’s stock performance, it is evident that the company has delivered substantial returns to its investors. Ten years ago, the stock was trading at around $29.27 per share. If you had invested $10,000 back then, you would have been able to purchase approximately 342 shares. Fast forward to today, with shares trading at $78.56, your investment would have grown to a value of $26,840 solely from stock price appreciation. Furthermore, Micron has also been paying dividends over the years, with a current dividend yield of 0.59%. In the last decade, the company has paid out about $1.56 in dividends per share, resulting in a total dividend income of $533.
When we combine the stock price appreciation and dividend income, the total value of your investment in Micron would be $27,373, showcasing a remarkable total return of 173.73%. However, it is worth noting that this figure falls short of the S&P 500’s total return of 214% over the same period.
Analysts have a consensus rating of “Buy” on Micron’s stock, with a price target of $133, implying a potential upside of more than 69% from the current price. In its recent Q2 2025 earnings report, the company exceeded expectations by posting revenue of $8.05 billion, beating the consensus estimate of $7.89 billion. Micron also reported adjusted EPS of $1.56, surpassing analyst estimates of $1.42.
Looking ahead to Q3, Micron has provided guidance of $8.8 billion in revenue, with an adjusted EPS of $1.57. These figures are higher than the market estimates, indicating a strong outlook for the company’s performance in the upcoming quarter.
In conclusion, Micron Technology continues to be a solid player in the memory and storage products industry, with a track record of delivering value to its investors. With a promising earnings outlook and a positive analyst sentiment, the company is well-positioned for future growth and success.