Zacks Investment Ideas feature highlights: Micron and NVIDIA
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Chicago, IL – October 2, 2026 – Today, Zacks Investment Ideas feature highlights Micron MU and NVIDIA NVDA. Wednesday, Micron , the AI memory leader, crushed Wall Street's earnings expectations on every metric. Once again, the quarter delivered record profits and triple-digit revenue and earnings growth. Thanks to soaring AI demand, Micron has become not only one of the most profitable companies in AI but also one of the most profitable on Wall Street. In addition to the blockbuster quarter, Micron's Q1 2027 guidance did not disappoint, with CEO Sanjay Mehrotra stating that fiscal 2027 will be even stronger. Micron reported earnings per share of $33.42, beating Wall Street's already lofty expectations by 5.73%. Over the past four quarters, Micron has beaten Zacks Consensus Analyst Estimates by a juicy 21% on average. Meanwhile, last night's earnings release marks the 14th consecutive quarter that Micron has beaten Zacks Consensus Analysts' Estimates. Over the past 5 years, Micron shares have delivered investors scorching-hot returns, surging over 1,300%. However, this latest earnings report suggests shares still have room to run. Below are 5 reasons to own Micron shares into 2027, including: Next quarter, Micron is expected to generate more quarterly profit than NVIDIA did in the first quarter of 2026. At the time, NVIDIA generated $40 billion in quarterly profit and had a...
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