what guidance did Micron stock give last quater for Q1 2026

Micron’s guidance for the quarter after its Q1 2026 report pointed to Q2 FY2026 revenue of about $33.5 billion at the midpoint , which was well above analyst expectations, and non-GAAP EPS of about $19.15 at the midpoint.

What that means

• Revenue guidance: $33.5 billion midpoint.

• EPS guidance: $19.15 midpoint.

• Analyst reaction: the guidance was described as surprisingly strong and roughly 41% above revenue expectations.

Context

The quarter itself was also very strong, with Micron reporting $23.86 billion in revenue and $12.20 in adjusted EPS , both ahead of estimates.

That combination of a beat plus upbeat forward guidance is why Micron stock stayed well supported after the report.

Quick Scoop

Item| Micron guidance for Q2 FY2026
---|---
Revenue midpoint| $33.5 billion 312
Adjusted EPS midpoint| $19.15 3

TL;DR: Micron’s last-quarter guidance for the next quarter was very bullish, with revenue guided to $33.5 billion and EPS to $19.15 , both ahead of Wall Street expectations.