Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
896.07
-8.83 (-0.98%)
At close: Oct 20, 2026, 4:00 PM EDT
911.70
+15.63 (1.74%)
After-hours: Oct 20, 2026, 4:59 PM EDT

Micron Technology Stock Forecast

Stock Price Forecast

According to 49 analysts polled by S&P Global, Micron Technology stock has a consensus rating of "Strong Buy" and an average price target of $1,561. The average 1-year stock price forecast is 74.16% higher than the current stock price, while the lowest is $361 (-59.71%) and the highest is $3,000 (+234.80%).

Price Target: $1,561 (+74.16%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$361$1,561$1,550$3,000
Change-59.71%+74.16%+72.98%+234.80%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy303131353636
Buy999999
Hold445433
Sell010011
Strong Sell100000
Total444545484949

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
JLPascual
JLPascual
Sell
Maintains
$621
SellMaintains$621-30.70%Oct 19, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$1,550
BuyMaintains$1,550+72.98%Oct 15, 2026
KeyBanc
KeyBanc
Buy
Maintains
$1,750
BuyMaintains$1,750+95.30%Oct 15, 2026
DBS
DBS
Buy
Maintains
$1,400
BuyMaintains$1,400+56.24%Oct 8, 2026
D.A. Davidson
D.A. Davidson
Buy
Maintains
$2,100 → $3,000
BuyMaintains$2,100 → $3,000+234.80%Oct 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
274.54B
from 133.19B
Increased by 106.13%
Revenue Next Year
317.09B
from 274.54B
Increased by 15.50%
EPS This Year
176.55
from 75.52
Increased by 133.77%
EPS Next Year
204.47
from 176.55
Increased by 15.81%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingSep 1, 2022Aug 31, 2023Aug 29, 2024Aug 28, 2025Sep 3, 2026Aug 31, 2027
Revenue
30.76B15.54B25.11B37.38B133.19B274.54B
Revenue Growth
11.02%-49.48%61.59%48.85%256.33%106.13%
Gross Profit
13.90B415.00M5.61B14.87B107.50B238.61B
Gross Margin
45.18%2.67%22.35%39.79%80.72%86.91%
Operating Income
9.71B-3.57B1.30B9.77B99.34B230.81B
Net Income
8.69B-5.83B778.00M8.54B84.97B196.36B
EPS
----75.52176.55
EPS Growth
----810.98%133.77%
Forward PE
11.93203.0012.7810.156.645.08
Dividend / Share
0.320.460.460.460.570.66
Dividend Growth
215.00%46.03%--22.83%16.62%
Free Cash Flow
----58.96B142.87B
No. Analysts
-----40
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High307.2B
Avg274.5B
Low212.4B

Revenue Growth

Revenue Growth202720282029
High
130.7%
Avg
106.1%
Low
59.5%

EPS Forecast

EPS202720282029
High214.70
Avg176.55
Low161.00

EPS Growth

EPS Growth202720282029
High
184.3%
Avg
133.8%
Low
113.2%