Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
733.15
+43.15 (6.25%)
At close: Nov 9, 2026, 4:00 PM EST
728.53
-4.62 (-0.63%)
After-hours: Nov 9, 2026, 7:59 PM EST

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 $1,562. The average 1-year stock price forecast is 113.04% higher than the current stock price, while the lowest is $361 (-50.76%) and the highest is $3,000 (+309.19%).

Price Target: $1,562 (+113.04%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$361$1,562$1,550$3,000
Change-50.76%+113.04%+111.42%+309.19%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy313135363636
Buy999999
Hold454334
Sell100110
Strong Sell000000
Total454548494949

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Maintains
n/a
BuyMaintainsn/an/aNov 9, 2026
Bernstein
Bernstein
Buy
Reiterates
$1,300
BuyReiterates$1,300+77.32%Nov 4, 2026
Citi
Citi
Buy
Maintains
$1,300
BuyMaintains$1,300+77.32%Oct 29, 2026
Wedbush
Wedbush
Buy
Maintains
$1,400
BuyMaintains$1,400+90.96%Oct 23, 2026
Unknown Analyst
Fubon Securities
No rating
Fubon Securities
Buy
Initiates
n/a
BuyInitiatesn/an/aOct 22, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
275.89B
from 133.19B
Increased by 107.14%
Revenue Next Year
320.06B
from 275.89B
Increased by 16.01%
EPS This Year
176.50
from 75.52
Increased by 133.72%
EPS Next Year
207.76
from 176.50
Increased by 17.71%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingSep 1, 2022Aug 31, 2023Aug 29, 2024Aug 28, 2025Sep 3, 2026Aug 31, 2027
Revenue
30.76B15.54B25.11B37.38B133.19B275.89B
Revenue Growth
11.02%-49.48%61.59%48.85%256.33%107.14%
Gross Profit
13.90B415.00M5.61B14.87B107.50B239.96B
Gross Margin
45.18%2.67%22.35%39.79%80.72%86.98%
Operating Income
9.71B-3.57B1.30B9.77B99.34B230.30B
Net Income
8.69B-5.83B778.00M8.54B84.97B196.55B
EPS
----75.52176.50
EPS Growth
----810.98%133.72%
Forward PE
11.93203.0012.7810.156.644.15
Dividend / Share
0.320.460.460.460.570.65
Dividend Growth
215.00%46.03%--22.83%15.01%
Free Cash Flow
----58.96B143.09B
No. Analysts
-----43
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High314.0B
Avg275.9B
Low212.4B

Revenue Growth

Revenue Growth202720282029
High
135.7%
Avg
107.1%
Low
59.5%

EPS Forecast

EPS202720282029
High214.70
Avg176.50
Low161.00

EPS Growth

EPS Growth202720282029
High
184.3%
Avg
133.7%
Low
113.2%