Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
974.33
+37.23 (3.97%)
At close: Aug 20, 2026, 4:00 PM EDT
967.19
-7.14 (-0.73%)
After-hours: Aug 20, 2026, 7:59 PM EDT

Micron Technology Stock Forecast

Stock Price Forecast

According to 46 analysts polled by S&P Global, Micron Technology stock has a consensus rating of "Strong Buy" and an average price target of $1,502. The average 1-year stock price forecast is 54.16% higher than the current stock price, while the lowest is $361 (-62.95%) and the highest is $2,200 (+125.80%).

Price Target: $1,502 (+54.16%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$361$1,502$1,550$2,200
Change-62.95%+54.16%+59.08%+125.80%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy283030313132
Buy1099999
Hold554455
Sell000100
Strong Sell001000
Total434444454546

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
BMO Capital
No rating
BMO Capital
Buy
Initiates
$1,300
BuyInitiates$1,300+33.43%Aug 20, 2026
UBS
UBS
Buy
Reiterates
$1,625
BuyReiterates$1,625+66.78%Aug 18, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$1,550
BuyReiterates$1,550+59.08%Aug 17, 2026
Mizuho Securities
Mizuho Securities
Buy
Reiterates
$1,375
BuyReiterates$1,375+41.12%Aug 10, 2026
Citi
Citi
Buy
Maintains
$1,400$1,150
BuyMaintains$1,400$1,150+18.03%Aug 10, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
129.74B
from 37.38B
Increased by 247.11%
Revenue Next Year
239.46B
from 129.74B
Increased by 84.56%
EPS This Year
73.36
from 8.29
Increased by 784.96%
EPS Next Year
154.81
from 73.36
Increased by 111.02%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingSep 2, 2021Sep 1, 2022Aug 31, 2023Aug 29, 2024Aug 28, 2025Aug 31, 2026
Revenue
27.71B30.76B15.54B25.11B37.38B129.74B
Revenue Growth
29.25%11.02%-49.48%61.59%48.85%247.11%
Operating Income
6.80B9.71B-3.57B1.31B9.81B98.13B
Net Income
5.86B8.69B-5.83B778.00M8.54B82.63B
EPS
----8.2973.36
EPS Growth
----537.69%784.96%
Forward PE
7.0911.93203.0012.7810.1513.28
Dividend / Share
0.100.320.460.460.460.53
Dividend Growth
-215.00%46.03%--15.85%
Free Cash Flow
-835.88M1.50B-3.96B400.38M-891.50M49.55B
No. Analysts
-----39
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High138.8B
Avg129.7B
Low122.6B

Revenue Growth

Revenue Growth202620272028
High
271.2%
Avg
247.1%
Low
228.0%

EPS Forecast

EPS202620272028
High80.16
Avg73.36
Low67.39

EPS Growth

EPS Growth202620272028
High
866.9%
Avg
785.0%
Low
712.9%