Micron (MU) Is About to Report Q2 Earnings, Let’s Look at Who Owns the Chip Stock

FomoAnxiety · 2026-03-12T21:13:38+00:00

Micron Technology, set to release Q2 FY26 results on March 18, has seen a 324% stock increase due to AI-driven demand for memory solutions. Analysts expect significant earnings growth, with a Strong Buy consensus on the stock.

FomoAnxiety

2026-03-12 21:13:38

Abstract generation in progress

Micron Technology MU -3.19% ▼ , a provider of high-performance DRAM, NAND, and NOR memory and storage solutions, is scheduled to announce its results for the second quarter of Fiscal 2026 on March 18. MU stock has rallied by an impressive 324% over the past year, driven by robust demand for memory chips amid the ongoing artificial intelligence (AI) boom and the surge in memory prices due to limited supply.

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Wall Street expects Micron to report Q2 FY26 earnings per share (EPS) of $8.74, indicating a massive 460% year-over-year growth. Revenue is expected to rise 136% to $19.03 billion. The solid growth estimates reflect the strong demand for high-bandwidth memory (HBM) and DRAM solutions in data centers. Ahead of Q2 FY26 results, several analysts have raised their price targets for MU stock.

Now, according to TipRanks’ Ownership Tool, public companies and individual investors own 41.89% of Micron. They are followed by exchange-traded funds (ETFs), mutual funds, other institutional investors, and insiders at 27.91%, 26.75%, 3.22%, and 0.23%, respectively.

Digging Deeper into Micron’s Ownership Structure

Looking closely at the top shareholders, Vanguard owns the highest stake in Micron at 8.04%, followed by Vanguard Index Funds with a 6.59% holding.

Among the top ETF holders, the Vanguard Total Stock Market ETF VTI -1.60% ▼ owns a 3.14% stake in MU, while the Vanguard S&P 500 ETF VOO -1.53% ▼ holds 2.52%.

Moving to mutual funds, Vanguard Index Funds holds about 6.59% of Micron. Meanwhile, American Funds Fundamental Investors owns 1.95% of the company.

Is MU a Good Stock to Buy Now?

Heading into Q2 FY26 earnings, Wall Street has a Strong Buy consensus rating on Micron Technology stock based on 26 Buys and one Hold recommendation. The average MU stock price target of $440.67 indicates about 8.7% upside potential.

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