Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
122.03
-1.52 (-1.23%)
Aug 19, 2025, 3:28 PM - Market open

Micron Technology Stock Forecast

Stock Price Forecast

The 28 analysts that cover Micron Technology stock have a consensus rating of "Strong Buy" and an average price target of $152.75, which forecasts a 25.17% increase in the stock price over the next year. The lowest target is $84 and the highest is $250.

Price Target: $152.75 (+25.17%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$84$152.75$150$250
Change-31.16%+25.17%+22.92%+104.87%

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

RatingMar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy99991011
Buy141414131313
Hold333344
Sell000000
Strong Sell000000
Total262626252728

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
JP Morgan
JP Morgan
Buy
Maintains
$165$185
BuyMaintains$165$185+51.60%Aug 12, 2025
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$200
Strong BuyMaintains$200+63.89%Aug 11, 2025
Needham
Needham
Strong Buy
Reiterates
$150
Strong BuyReiterates$150+22.92%Aug 11, 2025
Deutsche Bank
Deutsche Bank
Strong Buy
Initiates
$150
Strong BuyInitiates$150+22.92%Jul 10, 2025
Goldman Sachs
Goldman Sachs
Hold
Initiates
$130
HoldInitiates$130+6.53%Jul 10, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
37.83B
from 25.11B
Increased by 50.65%
Revenue Next Year
49.49B
from 37.83B
Increased by 30.83%
EPS This Year
7.99
from 0.70
Increased by 1,041.15%
EPS Next Year
12.59
from 7.99
Increased by 57.58%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingSep 3, 2020Sep 2, 2021Sep 1, 2022Aug 31, 2023Aug 29, 2024Aug 29, 2025Aug 29, 2026Aug 29, 2027
Revenue
21.44B27.71B30.76B15.54B25.11B37.83B49.49B52.71B
Revenue Growth
-8.42%29.25%11.02%-49.48%61.59%50.65%30.83%6.50%
EPS
2.375.147.75-5.340.707.9912.5913.51
EPS Growth
-56.97%116.67%50.78%--1,041.15%57.58%7.31%
Forward PE
-----15.289.699.03
No. Analysts
-----444523
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High38.9B56.7B63.4B
Avg37.8B49.5B52.7B
Low34.8B42.8B45.1B

Revenue Growth

Revenue Growth20252026202720282029
High
55.0%
50.0%
28.1%
Avg
50.6%
30.8%
6.5%
Low
38.7%
13.1%
-8.8%

EPS Forecast

EPS20252026202720282029
High8.5716.1818.57
Avg7.9912.5913.51
Low6.869.613.26

EPS Growth

EPS Growth20252026202720282029
High
1,124.5%
102.5%
47.6%
Avg
1,041.2%
57.6%
7.3%
Low
880.0%
20.4%
-74.1%
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.