Updated 14 November 2026, 07:00 GMT. Micron (MU) closed Friday at $778.31, down $20.13 or 2.52 percent, its second fall since Nvidia’s CEO resigned (StockAnalysis, Finviz). Verdict: Micron is holding up better than Sandisk and SK Hynix and still trades well above the 10 November close. Nvidia’s results on Tuesday will show whether AI memory demand is intact under Nvidia’s new leadership. Reference levels for the week: $877 above, $725 below.
Key facts
- Friday close: $778.31, down 2.52 percent from Thursday’s $798.44 (StockAnalysis, Finviz).
- Friday range: opened at $782.69, low $750.25, high $796.18 (StockAnalysis). After-hours quotes were near $761.
- Intraday: down 3.96 percent at $766.83 at 10:05 a.m. ET (GuruFocus), and about 4.5 percent later in the session (Invezz).
- The past week: $725.11 on 10 November, $811.30 on 11 November after an 11.9 percent jump, then two down days.
- Company guide: fiscal Q1 2027 revenue of $61.5 billion, plus or minus $1.5 billion, and non-GAAP EPS of $38.15, plus or minus $1.00 (Micron, 30 September).
- Next Micron earnings: estimated for 16 December (StockAnalysis); the company has not confirmed a date.
- 52-week range: $192.59 to $1,255.00.
Why Micron fell on Friday
Nvidia said on 12 November that Jensen Huang had resigned as chief executive, effective immediately, and named finance chief Colette Kress interim CEO. Nvidia shares fell sharply, and the selling spread across AI hardware on Friday. Reports quoted by GuruFocus and Invezz tied Micron’s fall to that news and to a question investors are now asking: will Nvidia keep spending across the AI supply chain under new leadership? Friday’s US producer price data for October added pressure, according to Invezz, because hot inflation has raised the chance of a Federal Reserve rate increase in December.
Micron makes the high-bandwidth memory that sits next to Nvidia’s AI processors, so its fortunes are tied closely to Nvidia’s orders. Even so, it fell less than its peers. Sandisk lost 5.59 percent on Friday, and SK Hynix was down about 5 percent during the session (Invezz). Our Sandisk page covers the flash side.
The stock had come into the week strong. Micron rose 11.9 percent on 11 November after CoreWeave raised its outlook and said its capacity was largely sold out through 2027, as our Friday Micron page reported. Friday’s close is still about 7 percent above the 10 November level.
The week ahead: Nvidia and Anthropic
Nvidia, Tuesday 17 November. Nvidia reports its fiscal third quarter, which ended on 25 October. Results come out at about 1:20 p.m. Pacific time, with commentary from Kress posted at the same time and the call at 2 p.m. Pacific (Nvidia investor relations). It is the first report since Huang’s exit. Data centre revenue and any comment on next year’s supply of high-bandwidth memory matter most for Micron. Our Nvidia page has the background.
Anthropic, 18-19 November. Anthropic plans to price its IPO on or about 18 November, with Nasdaq trading under ANT expected from 19 November, at a $70 to $78 range. Micron is among the companies buying shares at the IPO price, as our Anthropic IPO page explains. Strong demand for the deal would support the view that AI spending has years to run.
What analysts say
Targets sit far above the share price. Goldman Sachs reiterated a Neutral rating and a $1,250 target, Bernstein a Buy and $1,300, and KeyBanc an Overweight and $1,750 after CoreWeave’s report. DA Davidson’s Gil Luria has the Street-high $3,000. The consensus is $1,561.91 across 49 analysts at StockAnalysis and $1,407.88 across 46 at MarketBeat. These are 12-month views; the table below covers the coming week.
Micron stock: bull, base and bear for the week ahead
| Scenario | MU | What has to happen | Anchor |
|---|---|---|---|
| Bear | $725 | Nvidia’s guidance disappoints and the chip sell-off undoes the 11 November rally. | The 10 November close of $725.11; about 6.8 percent below $778.31. |
| Base | $750-$812 | Micron trades between Friday’s low and Wednesday’s close into Nvidia’s report. | Friday’s $750.25 low and the 11 November close of $811.30. |
| Bull | $877 | Nvidia’s data centre numbers and outlook ease the leadership worry and memory stocks rebound. | The level near $877 on 2 November, before the early-November sell-off; about 12.7 percent above $778.31. |
The bear case sits below the current price. These are reference levels measured from Friday’s close, not forecasts.
What to watch
- Monday: whether Micron holds Friday’s $750.25 low, with after-hours quotes already near $761.
- Tuesday 17 November, after the close: Nvidia’s results.
- 18-19 November: Anthropic’s pricing and first trade.
- $811.30: the 11 November close, the first level above.
Quick take: Micron closed at $778.31 on Friday, down 2.52 percent, as the selling that followed Nvidia’s CEO exit spread to memory stocks. It held up better than Sandisk and SK Hynix and is still above the 10 November close. Nvidia’s results on Tuesday decide the week. $725 is the downside reference, $877 the upside.
FAQ
What is Micron’s stock price today?
US markets are closed on Saturday. Micron closed Friday 13 November at $778.31, down 2.52 percent, and traded near $761 after hours.
Why did Micron stock fall on Friday?
Chip stocks sold off after Nvidia’s CEO resigned on 12 November, and hot US producer price data added pressure (GuruFocus, Invezz).
When does Nvidia report earnings?
Tuesday 17 November. Results come out at about 1:20 p.m. Pacific time and the call starts at 2 p.m. Pacific (Nvidia investor relations).
When does Micron report next?
StockAnalysis estimates 16 December for fiscal Q1 2027 results. Micron has guided to revenue of $61.5 billion, plus or minus $1.5 billion.
What is the analyst price target for Micron?
The average is $1,561.91 at StockAnalysis (49 analysts) and $1,407.88 at MarketBeat (46). Goldman Sachs has $1,250 and DA Davidson $3,000.
Is Micron involved in the Anthropic IPO?
Yes. Micron is among the companies buying Anthropic shares at the IPO price, which is set at $70 to $78 a share and expected to price around 18 November.
Sources: StockAnalysis and Finviz, 13 November 2026 (close, range, after-hours quote, earnings estimate, consensus); GuruFocus and Invezz, 13 November 2026 (intraday moves, peer moves, reasons); Benzinga, Yahoo Finance and MarketBeat, November 2026 (analyst targets); Nvidia investor relations (results timing); Micron, 30 September 2026 (guidance); Anthropic roadshow announcement and FinanceFeeds Anthropic IPO page (IPO timetable); FinanceFeeds Micron pages of 11 and 13 November (prior closes).
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Stock prices are volatile. Do your own research and consult a licensed financial adviser before making investment decisions.
