Micron Technology, Inc. (MU)

Micron Technology Stock Forecast

Stock Price Forecast

The 30 analysts that cover Micron Technology stock have a consensus rating of "Strong Buy" and an average price target of $184.57, which forecasts a 11.46% increase in the stock price over the next year. The lowest target is $84 and the highest is $250.

Price Target: $184.57 (+11.46%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$84	$184.57	$195	$250
Change	-49.28%	+11.46%	+17.75%	+50.97%

Analyst Ratings

The average analyst rating for Micron Technology stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	9	9	9	10	11	10
Buy	14	14	13	13	14	16
Hold	3	3	3	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	26	26	25	27	29	30

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Melissa Weathers Deutsche Bank	Deutsche Bank	Strong Buy Maintains $175 → $200	Strong Buy	Maintains	$175 → $200	+20.77%	Sep 24, 2025
James Sheehan Goldman Sachs	Goldman Sachs	Hold Maintains $130 → $145	Hold	Maintains	$130 → $145	-12.44%	Sep 24, 2025
Brian Chin Stifel	Stifel	Strong Buy Maintains $173 → $195	Strong Buy	Maintains	$173 → $195	+17.75%	Sep 24, 2025
Melissa Fairbanks Raymond James	Raymond James	Buy Reiterates $150 → $190	Buy	Reiterates	$150 → $190	+14.73%	Sep 24, 2025
Harsh Kumar Piper Sandler	Piper Sandler	Buy Reiterates $165 → $200	Buy	Reiterates	$165 → $200	+20.77%	Sep 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

50.53B

Increased by 35.18%

from 37.38B

Revenue Next Year

53.77B

Increased by 6.43%

from 50.53B

EPS This Year

13.55

Increased by 78.50%

from 7.59

EPS Next Year

14.73

Increased by 8.71%

from 13.55

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 2, 2021	Sep 1, 2022	Aug 31, 2023	Aug 29, 2024	Aug 28, 2025	Aug 28, 2026	Aug 28, 2027
Revenue	27.71B	30.76B	15.54B	25.11B	37.38B	50.53B	53.77B
Revenue Growth	29.25%	11.02%	-49.48%	61.59%	48.85%	35.18%	6.43%
EPS	5.14	7.75	-5.34	0.70	7.59	13.55	14.73
EPS Growth	116.67%	50.78%	-	-	984.29%	78.50%	8.71%
Forward PE	-	-	-	-	-	12.22	11.24
No. Analysts	-	-	-	-	-	46	27

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029
High	58.8B	65.3B
Avg	50.5B	53.8B
Low	42.0B	45.1B

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	57.3%	29.1%
Avg	35.2%	6.4%
Low	12.4%	-10.7%

EPS Forecast

EPS	2026	2027	2028	2029
High	17.40	22.57
Avg	13.55	14.73
Low	7.95	3.26

EPS Growth

EPS Growth	2026	2027	2028	2029
High	129.2%	66.6%
Avg	78.5%	8.7%
Low	4.7%	-75.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.