Micron (MU) shares trade near $1,082 ahead of fiscal Q4 earnings on September 30, with the week-of-September-28 close market reflecting uncertainty around the report amid sustained AI-driven HBM and DRAM demand. Strong year-over-year revenue growth expectations—consensus near $51 billion, up over 350%—and tight supply conditions through 2027 support the leading >$1,180 bin at 25.5% implied probability, while the <$1,000 outcome at 19% captures downside risks from any guidance shortfalls or macro volatility. Recent price action above the $1,040 resistance and analyst price targets averaging above $1,300 underscore bullish positioning, tempered by the stock’s extension from June highs near $1,255.