Micron Technology (MU) is set to report earnings after the bell today, March 18th, 2026. Analysts are expecting earnings of $8.81 on revenue of $19.15 billion. However, the “whisper number” (the number investors are expecting and is priced in) is $9.70 in earnings per share (EPS).
Micron is trading at all-time highs. Just in the last two weeks, MU has spiked 30%. This means the expectations are sky high for earnings, as seen by the whisper number. While Micron will likely hit that number, maybe even beat it, investors will be watching guidance closely, as well as margins.
Based on technical analysis, Micron has minimal upside. After closing yesterday at $461.69, the stock is now trading pre market at $473. There is major resistance at $480, an ascending trend line that goes back to June 2024 and connects through the January 2026 pivot high.
As a technical trader, this is the major resistance level. While earnings are likely to be spectacular, my guess is we hit $480 and reverse, or MU has an Oracle-type bigger pop, but then it puts in a multi-year high. Either way, I am bearish once $480 is tagged.
Source: https://www.fxstreet.com/news/micron-set-to-report-earnings-here-is-the-chart-analysis-202603181331
