With shares up 279% this year, Micron Technology (MU -1.10%) has been one of the top-performing stocks in 2026.

Micron stock has witnessed some turbulence lately, pulling back from the 52-week high it reached toward the end of June. However, the company’s shares have rallied impressively over the past couple of months, up 31% since the beginning of August. The next big test for Micron’s rally will arrive on Sept. 30, when it releases its fiscal 2026 fourth-quarter results.

The company’s quarterly performance and guidance will be instrumental in deciding the stock’s performance in the final quarter of the year. Let’s take a look at Micron’s prospects to understand where this semiconductor stock could be by the end of the year.

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