Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
1,067.50
+2.42 (0.23%)
Sep 30, 2026, 2:55 PM EDT - Market open

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 $1,521. The average 1-year stock price forecast is 42.46% higher than the current stock price, while the lowest is $361 (-66.18%) and the highest is $2,200 (+106.09%).

Price Target: $1,521 (+42.46%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$361$1,521$1,545$2,200
Change-66.18%+42.46%+44.73%+106.09%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy303031313536
Buy999999
Hold544544
Sell001000
Strong Sell010000
Total444445454849

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Buy
Maintains
$1,300
BuyMaintains$1,300+21.78%Sep 29, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$1,200
BuyMaintains$1,200+12.41%Sep 28, 2026
Wedbush
Wedbush
Buy
Reiterates
$1,400
BuyReiterates$1,400+31.15%Sep 28, 2026
J.P. Morgan
J.P. Morgan
Buy
Reiterates
$1,540
BuyReiterates$1,540+44.26%Sep 28, 2026
D.A. Davidson
D.A. Davidson
Buy
Reiterates
$2,000
BuyReiterates$2,000+87.35%Sep 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
130.04B
from 37.38B
Increased by 247.91%
Revenue Next Year
248.42B
from 130.04B
Increased by 91.03%
EPS This Year
73.60
from 8.29
Increased by 787.83%
EPS Next Year
159.49
from 73.60
Increased by 116.70%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingSep 2, 2021Sep 1, 2022Aug 31, 2023Aug 29, 2024Aug 28, 2025Aug 31, 2026
Revenue
27.71B30.76B15.54B25.11B37.38B130.04B
Revenue Growth
29.25%11.02%-49.48%61.59%48.85%247.91%
Operating Income
6.80B9.71B-3.57B1.31B9.81B98.37B
Net Income
5.86B8.69B-5.83B778.00M8.54B83.00B
EPS
----8.2973.60
EPS Growth
----537.69%787.83%
Forward PE
7.0911.93203.0012.7810.1514.50
Dividend / Share
0.100.320.460.460.460.53
Dividend Growth
-215.00%46.03%--15.85%
Free Cash Flow
----1.67B50.45B
No. Analysts
-----42
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High138.8B
Avg130.0B
Low122.6B

Revenue Growth

Revenue Growth202620272028
High
271.2%
Avg
247.9%
Low
228.0%

EPS Forecast

EPS202620272028
High80.16
Avg73.60
Low67.39

EPS Growth

EPS Growth202620272028
High
866.9%
Avg
787.8%
Low
712.9%