MU

eGain (EGAN) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +166.67%. A quarter ago, it was expected that this maker of customer engagement software would post earnings of $0.07 per share when it actually produced earnings of $0.11, delivering a surprise of +57.14%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. eGain, which belongs to the Zacks Internet - Software industry, posted revenues of $22.15 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.84%. This compares to year-ago revenues of $23.23 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. eGain shares have lost about 29.7% since the beginning of the year versus the S&P 500's gain of 12%. While eGain has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for eGain was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.08 on $22.12 million in revenues for the coming quarter and $0.43 on $94.44 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Micron (MU), another stock in the broader Zacks Computer and Technology sector, has yet to report results for the quarter ended August 2026. The results are expected to be released on September 30. This chipmaker is expected to post quarterly earnings of $31.39 per share in its upcoming report, which represents a year-over-year change of +936%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Micron's revenues are expected to be $50.76 billion, up 348.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report eGain Corporation (EGAN) : Free Stock Analysis Report Micron Technology, Inc. (MU) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Micron Technology (NASDAQ: MU) will report its fiscal 2026 fourth-quarter earnings results on Sept. 30. While the report could move Micron's stock significantly, the Federal Reserve's next interest rate decision, scheduled for Sept. 16, could have an even bigger impact. Wall Street now sees a more than 60% chance of an interest rate hike in September 2026, up from 41.4% a week earlier. The shift followed Federal Reserve Chairman Kevin Warsh's hawkish comments at the Jackson Hole symposium. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » Micron has already guided for exceptionally strong Q4 results. However, the bigger question for investors is how long the memory boom can persist. Micron's Q3 results were exceptionally strong. Revenue surged 346% year over year to $41.5 billion, while operating cash flow was $25.4 billion. Management expects Q4 revenue of $49 billion to $51 billion and non-GAAP earnings per share (EPS) of $30 to $32. Micron's growth is being driven heavily by higher pricing. DRAM (dynamic random-access memory) revenue rose 343% year over year to $31.3 billion, while NAND revenue soared 361% year over year to $9.9 billion in Q3. DRAM prices rose in the low-60% range sequentially, and NAND prices jumped in the mid-80% range as tight supply gave memory makers enormous pricing power. The memory shortage is not confined to high-bandwidth memory (HBM) or artificial intelligence (AI) data centers. Micron's Mobile and Client business generated $11.5 billion in Q3 revenue and an 87% gross margin. This shows that favorable memory pricing is benefiting other parts of the business as well. An interest rate hike will not suddenly create more DRAM or HBM supply, nor is it likely to stop AI spending immediately. Nvidia expects roughly 70% revenue growth in fiscal 2028. SK Hynix expects the memory shortage could last through 2030. Micron is also trying to make this memory cycle less volatile than previous ones. The company's new strategic customer agreements require customers to commit to specific purchase volumes over several years. Most of these contracts either have fixed prices or set minimum and maximum prices. Micron also claims that even at the minimum prices, contracts with these pricing ranges should generate gross margins well above the company's peak quarterly margins in any previous memory cycle. These agreements should also strengthen Micron's financial position. The company expects $22 billion of customer deposits and related financial commitments under the agreements, including about $18 billion in cash deposits. Micron also exited Q3 with $30.1 billion of cash and marketable investments and just $5.7 billion of debt. Hence, higher interest rates are unlikely to hurt Micron primarily through its own borrowing costs. Micron is trading at roughly 6.2 times Wall Street's fiscal 2027 consensus earnings estimate of $155 per share (as of Aug. 31, 2026). The low valuation multiple implies that investors are still not valuing Micron as a typical high-growth AI stock. Instead, the valuation suggests that investors remain concerned about whether today's extraordinary memory profits will last. This is driving the September risk for Micron. Assume Wall Street raises its fiscal 2027 earnings estimate by 10%. If Micron continues trading at the same earnings multiple, the stock could rise by roughly the same amount. But if a more hawkish-than-expected Federal Reserve decision causes the forward-earnings multiple to fall by 10%, almost all that benefit disappears. A 15% decline in the multiple would leave the stock lower even after the 10% increase in expected earnings. Hence, the Federal Reserve does not need to weaken Micron's near-term results to hurt the stock. It only needs to make investors less confident that today's strong memory profits can last. History also suggests that higher interest rates alone may not determine Micron's performance. During its last major downturn, the memory market itself weakened sharply as customers reduced inventories and DRAM and NAND prices fell. Micron's revenue dropped 49% year over year, while gross margin fell year over year from 45% to negative 9% in fiscal 2023 (ending Aug. 31, 2026). Hence, September 2026 could prove an interesting test. Memory pricing is currently rising rather than falling, and demand remains constrained by tight supply. If a hawkish Federal Reserve decision pushes interest rates higher and causes investors to question how long today's strong memory pricing can last, Micron's stock could fall even if the company later reports another strong quarter. Before you buy stock in Micron Technology, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Micron Technology wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $446,157!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,377,357!* Now, it’s worth noting Stock Advisor’s total average return is 984% — a market-crushing outperformance compared to 212% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of September 3, 2026. Manali Pradhan, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Micron Technology and Nvidia. The Motley Fool has a disclosure policy. The Fed's September Decision Could Hit Micron Harder Than Its Own Earnings was originally published by The Motley Fool

Billionaire David Tepper used the second quarter to make a striking trade within the AI hardware chain. Appaloosa Management cut its Micron Technology, Inc. (NASDAQ:MU) share count by 41.4%, while increasing Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) for a sixth consecutive quarter. The filing does not disclose Tepper's rationale. The positions instead contrast a cyclical HBM supplier with a diversified advanced foundry serving nearly every major chip designer. That makes the comparison about earnings durability as much as exposure to total AI demand. Charles Knowles / Shutterstock.com Micron Technology, Inc. (NASDAQ:MU) has a powerful rebuttal. It reported record fiscal third-quarter results as high-bandwidth memory became critical to AI accelerators. HBM requires more capacity and technical sophistication than conventional memory, potentially supporting stronger pricing and margins. If supply remains disciplined while demand expands, Micron's cycle may be structurally better than the old commodity pattern. The bear case is its planned capital spending of more than $25 billion and the possibility that today's shortages invite too much future supply. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) offers a broader toll-road thesis. Its second-quarter gross margin reached 67.7%, and the ongoing 2-nanometer ramp can deepen its lead in advanced manufacturing. It benefits whether customers favor Nvidia, AMD, custom accelerators, or other designs. However, that dominance brings enormous fabrication costs, customer concentration, geopolitical exposure, and the difficulty of maintaining exceptional margins while new capacity comes online. The two holdings do not necessarily predict weaker AI demand. They simply provide two different ways to monetize it. Micron has greater operating leverage if HBM prices stay tight, but Taiwan Semiconductor has more diversified exposure across the entire computing stack. The first offers a sharper cyclical upside; the second offers a more durable platform with risks investors cannot ignore. That tradeoff explains why reducing one position need not invalidate its thesis. Broader hedge-fund activity increased in both. Micron ownership jumped to 184 funds in the second quarter from 154, while Taiwan Semiconductor ownership increased to 249 funds from 234. AQR Capital Management reduced its Micron stake 16% but retained 3.8 million shares, while Fisher Asset Management raised its Taiwan Semiconductor position 2% to 18.9 million shares. As of August 14, 30 million Micron shares were sold short, 2.66% of the float and only 0.9 days of average volume. Institutional participation increased in both names, while Micron's days-to-cover reading showed limited mechanical short-covering pressure. Neither tells us why Tepper made the trade. While we acknowledge the potential of MU and TSM as investments, we believe certain other AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: NVIDIA (NVDA): What Foxconn and Super Micro Are Telling Us about the AI Boom  and Pony AI Is Scaling Robotaxis Fast—Can the Stock Reach BofA’s $17 Target? Disclosure: None. Follow Insider Monkey on Google News.

MongoDB, Inc. MDB delivered second-quarter fiscal 2027 non-GAAP earnings of $1.90 per share, which rose 90% year over year and topped the Zacks Consensus Estimate by 18.75%.Total revenues increased 30.5% year over year to $771.8 million and surpassed the consensus estimate by 5.2%. Results benefited from strength among large enterprise customers, solid Atlas consumption and broad Enterprise Advanced demand.Total company net ARR expansion improved to 122% from 119% a year ago and 121% in the prior quarter. Subscription revenues rose 30.5% year over year to $747.1 million, while services revenues increased 29.3% to $24.6 million. The subscription business remained the primary contributor to the top line. MongoDB, Inc. price-consensus-eps-surprise-chart | MongoDB, Inc. Quote Atlas-related revenues totaled $565.9 million, up 28.9% from $439.0 million a year ago. MongoDB Enterprise Advanced and other revenues reached $181.2 million, rising 35.9% from $133.4 million, reflecting broad strength across financial services, the public sector and technology. MongoDB ended the quarter with more than 70,600 customers, up from 59,900 a year ago, after adding approximately 2,900 customers sequentially. Atlas customers increased to more than 69,300 from 58,500 in the prior-year period.Customers generating at least $100,000 in annual recurring revenues rose 17% year over year to 2,999. Among Atlas customers in this cohort, 48% used two or more platform features, up from 42%, driven largely by Vector Search and text search adoption. Remaining performance obligations climbed 91% to $1.52 billion. In the fiscal second quarter, MongoDB’s non-GAAP gross profit increased to $585.7 million, with the non-GAAP gross margin expanding to 76% from 74% a year ago. Subscription gross margin was 78.3%, up about 70 basis points, primarily reflecting the higher Enterprise Advanced revenue mix.Non-GAAP sales and marketing expenses rose 6.9% year over year to $215.7 million. Research and development expenses increased 30.7% to $137.4 million, while general and administrative expenses advanced 9.6% to $46.7 million.Non-GAAP income from operations rose to $185.9 million from $86.8 million. The corresponding operating margin expanded to 24% from 15%, underscoring stronger operating leverage alongside the quarter's revenue growth. As of July 31, 2026, MongoDB had cash, cash equivalents and short-term investments of $2.4 billion compared with $2.4 billion as of April 30, 2026.During the quarter, the company allocated $100 million toward share repurchases and $59 million to settle taxes on employee restricted stock units.Operating cash flow was $141.9 million in the fiscal second quarter compared with $201.6 million reported in the prior quarter.Free cash flow during the quarter was $137.6 million compared with $197.5 million in the prior quarter. For the third quarter of fiscal 2027, MongoDB expects revenues of $756 million to $761 million. Non-GAAP income from operations is projected between $152 million and $156 million, while non-GAAP earnings are expected between $1.57 and $1.61 per share.For fiscal 2027, revenues are now anticipated between $2.99 billion and $3.03 billion, up from the prior $2.92-$2.96 billion range. Non-GAAP earnings are projected between $6.39 and $6.58 per share compared with the previous $5.95-$6.14 range. Management now expects Atlas growth of approximately 27% and Enterprise Advanced and other revenue growth of about 11% for the year. MongoDB currently carries a Zacks Rank #3 (Hold).Docusign DOCU, Micron Technology MU and ServiceTitan Inc. TTAN are some better-ranked stocks that investors can consider in the broader Zacks Computer and Technology sector. DOCU, MU and TTAN each currently carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Docusign is slated to announce its second-quarter fiscal 2027 results on Sept. 3. Micron Technology is scheduled to report its fourth-quarter fiscal 2026 results on Sept. 30, while ServiceTitan is set to announce its second-quarter fiscal 2027 results on Sept. 8. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MongoDB, Inc. (MDB) : Free Stock Analysis Report Micron Technology, Inc. (MU) : Free Stock Analysis Report Docusign Inc. (DOCU) : Free Stock Analysis Report ServiceTitan Inc. (TTAN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>> Here are the key points: Although corporate earnings have trended positively over the past two years, the current momentum is truly exceptional. Growth is not only rapid and accelerating but also widely distributed across sectors and steadily expanding. This broad-based strength creates a highly supportive backdrop for the market. The Q2 earnings season is ‘officially’ not over yet, with roughly a dozen S&P 500 members yet to come out with their quarterly results. But for all practical purposes, the Q2 reporting cycle is now behind us, and we are starting to shift our attention to the Q3 earnings season. For 2026 Q3, the expectation is that total S&P 500 earnings will increase +23.0% from the same period last year on +11.1% higher revenues, with 14 of the 16 Zacks expected to enjoy positive earnings growth and 6 sectors producing double-digit growth. This will be the most broad-based earnings growth performance in recent times. With Conglomerates (-35.4%) and Consumer Staples (-0.1%) as the only Zacks sectors expected to have lower Q3 earnings relative to the year-earlier period, the quarter is on track to produce an impressively broad-based growth performance. Alphabet (GOOGL), Micron (MU), and Nvidia (NVDA) continue to be material contributors to the Tech sector’s growth picture. Excluding these three companies, Q3 earnings for the rest of the Tech sector would be +18.7% (vs. +40.5% otherwise). The chart below shows S&P 500 expectations for 2026 Q2 in terms of what was achieved in the preceding four periods and what is currently expected for the following three quarters. Image Source: Zacks Investment Research The chart below shows the overall earnings picture for the S&P 500 index on an annual basis. Image Source: Zacks Investment Research The chart below shows the significant contribution of the Tech sector to the aggregate growth picture. The chart also shows how critical Nvidia, Micron, and Alphabet are to the 2026 aggregate growth tally. Image Source: Zacks Investment Research The favorable revisions trend noted earlier in the context of Q3 estimates is also at play with estimates for the last quarter of the year, with mostly the same sectors enjoying positive revisions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Micron Technology, Inc. (MU) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

ChangXin Memory Technologies reported first-half revenue of 150.31 billion yuan ($22.4 billion) on Friday, a rise of 874% from a year earlier, as a global shortage of memory chips driven by artificial intelligence demand sent prices higher. The Hefei-based company, which goes by CXMT, also turned profitable, recording net income of 77.61 billion yuan after having reported a 2.3 billion yuan loss in the prior full year. Revenue for the first half alone more than doubled what the company brought in across all of 2025, when it recorded 15.4 billion yuan in sales. Both revenue and profit topped the company's own guidance of 110 billion yuan to 120 billion yuan in sales. The results are the first CXMT has posted since its Shanghai initial public offering last month. The company is the world's fourth-largest maker of DRAM memory chips, behind Samsung Electronics, SK Hynix, and Micron Technology. CXMT pointed to tightening global DRAM supply as the engine of its results, and said the same conditions are expected to persist through the remainder of the year. AI companies have moved to secure memory chips for data centers, tightening supply and pushing up prices. Research firm TrendForce estimates that contract prices for server DRAM rose 64% in the second half of 2025, according to the Wall Street Journal. CXMT also said its forthcoming LPDDR6 memory, a chip category aimed at smartphone and tablet applications, has reached the client evaluation stage and remains on schedule for full-scale manufacturing. The company's R&D budget expanded 87% to 6.86 billion yuan over the period, while headcount in its engineering and research ranks climbed 61% from a year ago to close to 7,500 employees. CXMT stock surged more than 466% on its trading debut in July and has continued to climb since. The company now has a market capitalization of 3.28 trillion yuan, making it China's most valuable listed company ahead of Tencent Holdings and Alibaba. According to Bloomberg, Goldman Sachs puts CXMT's valuation at around 10 times its projected 2027 earnings, placing it at a cheaper multiple than the chipmaker's international rivals. The U.S. Department of Defense recently placed CXMT on a blacklist, though the company said on Friday the designation will not affect its day-to-day operations. For all its momentum, CXMT remains a distant challenger to the industry's leaders, with Samsung, SK Hynix, and Micron collectively commanding upward of 90% of global DRAM supply, according to the Wall Street Journal.

US stock indices ended higher on Tuesday as investors took respite from cooling oil prices and easing yields ahead of earnings from Nvidia and Marvell Technologies. The S&P 500 ended Tuesday 0.3% higher, while the Nasdaq 100 gained 0.6% and the Dow Jones Industrial Average climbed 0.3%. The Russell 2000, which tracks stocks with small market capitalizations, rose 0.5%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Dow Jones Industrial Average futures and S&P 500 futures were little changed, while Nasdaq-100 futures rose nearly 0.1%. Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY) fell 0.3%, and Invesco QQQ Trust (QQQ) ended Tuesday 1% lower, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) was up 0.3%. Meanwhile, the VanEck Semiconductor ETF (SMH) and iShares Semiconductor ETF (SOXX) gained about 1.7%, regaining most of the previous session's losses, tracking gains in Micron Tech (MU) and Nvidia (NVDA) stock. The broader Vanguard Information Technology ETF (VGT) rose 0.9%. Retail sentiment on Stocktwits for QQQ, SPY, and DIA was ‘bearish’ with ‘high’ message volumes. Market sentiment improved following news reports that the U.S. will redeploy diplomats to Middle Eastern embassies, alleviating fears of broader regional conflict. Simultaneously, a retreat in crude oil prices dampened inflation anxieties, providing a tailwind for Treasury markets. Bond yields slid, with the benchmark 10-year Treasury note yield falling more than 7 basis points to 4.625%, and Brent crude prices retreated to settle under the $90 threshold, as market participants weighed the potential for renewed energy transit via the Strait of Hormuz. Investor attention was solely focused on the semiconductor sector ahead of quarterly earnings from Nvidia (NVDA) and Marvell Technologies (MRVL). Analysts estimate Nvidia’s revenue is expected to hit $92.2 billion in the quarter ending July, nearly double from the same quarter last year, with earnings expectations of $2.09 per share. “Nvidia is operating on all cylinders, and they’re doing absolutely everything correctly at this point,” Mark Malek at Siebert Financial told Bloomberg. “We’re anticipating good news here, but so is everybody.” In addition, investors will keep a keen eye on the personal consumption expenditure price index reading for July, due out on Wednesday. Moderna (MRNA): Renewed optimism around its cancer vaccine program, buoyed by Wolfe Research’s $9.2 billion peak sales estimate, drove share price higher. Paramount Skydance (PSKY): Potential buyers and Wall Street intermediaries are actively assessing valuable entertainment properties that could be unloaded as Paramount Skydance Corp. (PSKY) navigates prolonged antitrust litigation over its proposed takeover of Warner Bros. Discovery Inc. (WBD). SpaceX (SPCX): The company announced that its Falcon 9 rocket completed its final planned Starlink mission from Florida and plans to invest $100 billion to build the world's largest launch facility. Lululemon Athletica (LULU): The athleisure company is expected to reduce its full-year 2026 earnings guidance again, UBS said. OpenAI: The company’s Jalapeno chips performed better than Nvidia’s current lineup during testing, SemiAnalysis said. For updates and corrections, email newsroom[at]stocktwits[dot]com. Shashank Nayar has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: UUUU, LEU, CCJ, BWXT Stocks In Focus: Trump’s Saudi Nuclear Push Reportedly Faces Congress Debate And Israel Hurdle UUUU, LEU, CCJ, BWXT Stocks In Focus: Trump’s Saudi Nuclear Push Reportedly Faces Congress Debate And Israel Hurdle Why DOCU, TRI Stocks Slid Over 3% After Google Cloud’s Latest AI Release