You Had Invested $1,000 in Micron 1 Year Ago, Here's How Much You'd Have Now. Is the Stock Still a Buy?

A year ago, a $1,000 Micron investment at roughly $95 per share would have bought about 10.5 shares; with Micron near $910 today, that stake would be about $9,500. By comparison, the same $1,000 in the S&P 500 would be roughly $1,280 over the period, highlighting Micron’s outsized gains amid an AI-driven memory cycle. The surge is driven by AI demand for high-bandwidth memory, especially in data centers. In Micron’s fiscal second quarter 2026 (quarter ended Feb. 26, 2026), revenue reached $23.86 billion and net income was $13.79 billion, with non-GAAP gross margin near 75% and DRAM revenue totaling about $18.8 billion. Management guided fiscal Q3 revenue to about $33.5 billion, implying roughly 260% year-over-year growth, as calendar 2026 HBM supply remains effectively sold out; the company also announced a 30% increase in its quarterly dividend earlier in the year.