Micron Technology Stock Forecast

Stock Price Forecast

The 30 analysts that cover Micron Technology stock have a consensus rating of "Buy" and an average price target of $193.73, which forecasts a -5.03% decrease in the stock price over the next year. The lowest target is $84 and the highest is $250.

Price Target: $193.73 (-5.03%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$84	$193.73	$200	$250
Change	-58.82%	-5.03%	-1.95%	+22.56%

Analyst Ratings

The average analyst rating for Micron Technology stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	9	9	10	11	11	10
Buy	14	13	13	14	16	17
Hold	3	3	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	26	25	27	29	31	31

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tom O'Malley Barclays	Barclays	Buy Maintains $195 → $240	Buy	Maintains	$195 → $240	+17.66%	Oct 20, 2025
Vijay Rakesh Mizuho	Mizuho	Buy Maintains $195 → $240	Buy	Maintains	$195 → $240	+17.66%	Oct 17, 2025
Timothy Arcuri UBS	UBS	Strong Buy Maintains $225 → $245	Strong Buy	Maintains	$225 → $245	+20.11%	Oct 16, 2025
Christopher Danely Citigroup	Citigroup	Strong Buy Maintains $200 → $240	Strong Buy	Maintains	$200 → $240	+17.66%	Oct 16, 2025
Pierre Ferragu New Street Research	New Street Research	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Oct 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

54.59B

from 37.38B

46.05%

from 37.38B

Revenue Next Year

59.87B

from 54.59B

9.68%

from 54.59B

EPS This Year

13.55

from 7.59

78.50%

from 7.59

EPS Next Year

14.73

from 13.55

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	54.59B	59.87B
Revenue Growth	29.25%	11.02%	-49.48%	61.59%	48.85%	46.05%	9.68%
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	-	-	-	-	-	15.06	13.85
No. Analysts	-	-	-	-	-	46	27

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

Revenue Forecast

Revenue	2026	2027
High	59.3B	71.9B
Avg	54.6B	59.9B
Low	49.0B	51.5B

Revenue Growth

Revenue Growth	2026	2027
High	58.7%	31.7%
Avg	46.1%	9.7%
Low	31.1%	-5.8%

EPS Forecast

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

EPS Growth

EPS Growth	2026	2027
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.