It’s the final stretch before the holidays. Here’s what to watch for in the following companies posting earnings this week: Micron Technology, Inc. (NASDAQ:MU), Nike Inc. (NYSE:NKE), and CalAmp Corp. (NASDAQ:CAMP).

Micron Technology, Inc. is set to release its Q1/2016 earnings on Tuesday after market close. For this quarter, analysts expect non-GAAP revenues of $3.46 billion, compared to last quarter’s revenues of $3.99 billion, and non-GAAP earnings of $0.32 per share, compared to last quarter’s non-GAAP earnings of $0.37 per share. This past year, the stock has dropped nearly 50% mainly due to weak demand for its own DRAM memory chips. Other sources of weaknesses include a decline in PC sales, currency headwinds, and the financial effects of acquisitions.

Despite these hurdles, the company believes its investment into mobile and cloud technologies will signal growth in the upcoming quarters. Analysts are bullish on MU going forward and anticipate a positive earnings report. Analyst Blayne Curtis of Barclay’s cites DRAM pricing as the company’s main struggle this past year. However, he remains positive due to “the overall maturation of the memory industry (still making money at the bottom), MU’s improving relative positioning (ramp of 20nm DRAM and 3D NAND), and attractive value (just 7x our new CY17 EPS).” Similarly, analyst Joseph Moore of Morgan Stanley recently upgraded the stock to Overweight with a price target of $18. Although not completely out of the water, he is hopeful about the future of the company. He stated, “We remain cautious on near-term fundamentals, but think sentiment and valuation are near the bottom, and see 30 percent upside as fundamentals stabilize in 2h16.”

According to TipRanks’ statistics, out of 20 analysts who rated MU in the last 3 months, 16 gave a Buy rating, 2 gave a Sell rating, and 2 remain on the sidelines. The average 12-month price target for the stock is $22.35, marking a 55% upside from where shares last closed.

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