Updated 15 November 2026, 07:00 GMT. Micron (MU) last closed at $778.31 on Friday, down 2.52 percent that day, but up about 12.8 percent on the week from $690.00 on 6 November (StockAnalysis). Verdict: Micron took the Nvidia CEO shock better than its peers and kept most of Wednesday’s jump. Nvidia’s third-quarter results on Tuesday 17 November are the test of whether that holds. Reference levels for the week: $885 above, $690 below.
Key facts
- Last close: $778.31 on Friday 13 November, down $20.13 or 2.52 percent. After-hours trading ended at $761.20 (StockAnalysis).
- The week: up $88.31 or about 12.8 percent from the 6 November close of $690.00.
- The big day: an 11.89 percent jump to $811.30 on 11 November, with an intraday high of $827.58.
- From the October level: still about 21 percent below the $983.23 close on 28 October.
- 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 report: estimated for 16 December (StockAnalysis); Yahoo Finance shows an average EPS estimate of $38.29 for the November quarter.
How Micron’s week went
Micron started the week after a hard fall. It lost 17.46 percent on 5 November and closed at $690.00 the next day. It rose 6.25 percent on Monday 9 November, slipped 1.10 percent on Tuesday, then jumped 11.89 percent on Wednesday after CoreWeave raised its outlook and said its capacity was largely sold out through 2027.
On Thursday Nvidia said Jensen Huang had resigned as chief executive and named finance chief Colette Kress interim CEO. Micron fell 1.59 percent that day and 2.52 percent on Friday. Sandisk lost 4.11 percent and 5.59 percent on the same two days, so Micron held up better than the other big US memory name. Our Saturday Micron page covers Friday’s session.
The Motley Fool tied Friday’s slide to uncertainty across the chip industry after Huang’s exit and said Nvidia’s report is likely to move Micron one way or the other. No Micron-specific news came out over the weekend. US stock futures reopen on Sunday evening, US time.
Nvidia on Tuesday: what Micron needs to hear
Nvidia is Micron’s largest customer for high-bandwidth memory, the chips stacked next to its AI processors. Nvidia guided third-quarter revenue to $108.0 billion, plus or minus 2 percent, and consensus is about $109.2 billion in revenue and $2.48 in adjusted earnings per share, according to an Invezz preview citing LSEG data. Results come out at about 1:20 p.m. Pacific time on 17 November, with the call at 2 p.m. Pacific (Nvidia investor relations).
Three parts of the report matter most for Micron:
- Data centre revenue and margins. A strong quarter supports the view that AI demand has not changed with the leadership.
- The fiscal 2028 outlook. Kress gave a preliminary forecast of about 70 percent revenue growth in August. Whether that number survives is the main question in most previews.
- Supply of the Vera Rubin platform. Kress has said hyperscale growth should re-accelerate in the fourth quarter as Rubin supply grows.
Options traders expect a large reaction from Nvidia. Estimates of the priced-in move differ by method: Investing.com, citing Bloomberg data, put it at 6.7 percent, while Equibles estimated 6.2 to 6.9 percent for the report alone and said straddle-based figures near 10 percent also price in the sessions around it. Our Nvidia page has the full preview.
Anthropic later in the week
Anthropic is expected to price its IPO on 18 November and start trading on Nasdaq under ANT on 19 November, according to reports citing people familiar with the plans. The range is $70 to $78, and Bloomberg reported on 12 November that the book was about six times oversubscribed. Micron is among the companies buying shares at the IPO price. A strong debut would back the case that AI spending has years to run.
What analysts say
Targets remain far above the share price. Goldman Sachs has a Neutral rating and a $1,250 target, Bernstein a Buy and $1,300, and KeyBanc an Overweight and $1,750. DA Davidson’s Gil Luria has the Street-high $3,000. The consensus was $1,561.91 across 49 analysts at StockAnalysis and $1,407.88 across 46 at MarketBeat at the end of last week. These are 12-month views; the table below covers the coming week.
Micron stock: bull, base and bear for Nvidia week
| Scenario | MU | What has to happen | Anchor |
|---|---|---|---|
| Bear | $690 | Nvidia’s outlook disappoints and Micron gives back the whole of last week’s gain. | The 6 November close of $690.00; about 11.3 percent below $778.31. |
| Base | $750-$828 | Nvidia’s numbers are in line and Micron trades inside last week’s post-rally range. | Friday’s $750.25 low and the 11 November intraday high of $827.58. |
| Bull | $885 | Nvidia’s data centre numbers and fiscal 2028 outlook hold up and memory stocks rally. | The 30 October close of $884.74; about 13.7 percent above $778.31. |
The bear case sits below the current price. These are reference levels measured from Friday’s close, not forecasts. The levels are wider than usual because of Nvidia’s report.
What to watch this week
- Sunday evening: US stock futures reopen.
- Monday 16 November: whether Micron holds Friday’s $750.25 low after the after-hours dip to $761.20.
- Tuesday 17 November, after the close: Nvidia’s results and call. Our Sandisk page covers the flash side of the trade.
- 18-19 November: Anthropic’s expected pricing and first trade.
- $811.30: the 11 November close, the first level above.
Quick take: Micron closed at $778.31 on Friday and gained about 12.8 percent on the week, holding up better than Sandisk after Nvidia’s CEO exit. Nvidia’s results on Tuesday decide the next move. $690 is the downside reference, $885 the upside.
FAQ
What is Micron’s stock price today?
US markets are closed on Sunday. Micron last closed at $778.31 on Friday 13 November, down 2.52 percent, and ended after-hours trading at $761.20 (StockAnalysis).
Did Micron stock go up this week?
Yes. It closed the week at $778.31 against $690.00 on 6 November, a gain of about 12.8 percent, most of it from the 11.89 percent jump on 11 November.
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).
Why does Nvidia’s report move Micron?
Nvidia buys Micron’s high-bandwidth memory for its AI processors. Its data centre revenue and outlook are the clearest guide to future memory demand.
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 was $1,561.91 at StockAnalysis (49 analysts) and $1,407.88 at MarketBeat (46) at the end of last week. Goldman Sachs has $1,250 and DA Davidson $3,000.
Sources: StockAnalysis price history, 13 November 2026 (closes, ranges, after-hours price, prior sessions); The Motley Fool, 13 November 2026 (Friday’s slide); Micron, 30 September 2026 (guidance); Yahoo Finance (EPS estimate); Invezz, 13 November 2026, citing LSEG (Nvidia guidance, consensus, fiscal 2028 outlook); Nvidia investor relations (results timing); Investing.com and Equibles (options-implied move); Bloomberg, 12 November 2026 (Anthropic order book); StockAnalysis, MarketBeat and broker notes (analyst targets).
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.
