Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
95.79
+2.42 (2.59%)
May 27, 2025, 3:38 PM - Market open
Micron Technology Stock Forecast
Stock Price Forecast
According to 26 professional analysts, the 12-month price target for Micron Technology stock ranges from a low of $84 to a high of $250. The average analyst price target of $135 forecasts a 40.93% increase in the stock price over the next year.
Price Target: $135.00 (+40.93%)
Analyst Consensus: Strong Buy
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 9 | 9 | 9 | 9 | 9 |
| Buy | 15 | 14 | 14 | 14 | 14 | 14 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 27 | 25 | 25 | 26 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $112 → $98 | Hold | Maintains | $112 → $98 | +2.31% | May 7, 2025 |
| UBS | UBS | Strong Buy Maintains $130 → $92 | Strong Buy | Maintains | $130 → $92 | -3.96% | Apr 28, 2025 |
| Barclays | Barclays | Buy Maintains $115 → $95 | Buy | Maintains | $115 → $95 | -0.82% | Apr 22, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $120 → $110 | Strong Buy | Maintains | $120 → $110 | +14.83% | Apr 11, 2025 |
| China Renaissance | China Renaissance | Strong Buy → Hold Downgrades $84 | Strong Buy → Hold | Downgrades | $84 | -12.31% | Mar 26, 2025 |
Financial Forecast
Revenue This Year
36.46B
from 25.11B
Increased by 45.21%
Revenue Next Year
45.73B
from 36.46B
Increased by 25.43%
EPS This Year
7.20
from 0.70
Increased by 928.05%
EPS Next Year
11.21
from 7.20
Increased by 55.78%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 37.8B | 56.0B | 52.2B | ||
| Avg | 36.5B | 45.7B | 47.0B | ||
| Low | 33.5B | 36.8B | 40.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 50.6% | 53.7% | 14.1% | ||
| Avg | 45.2% | 25.4% | 2.7% | ||
| Low | 33.4% | 0.9% | -12.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.29 | 16.53 | 12.97 | ||
| Avg | 7.20 | 11.21 | 11.03 | ||
| Low | 6.15 | 6.53 | 7.53 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1,084.1% | 129.7% | 15.7% | ||
| Avg | 928.0% | 55.8% | -1.6% | ||
| Low | 779.2% | -9.3% | -32.9% |
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.