Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
1,133.99
+90.80 (8.70%)
At close: Jun 18, 2026, 4:00 PM EDT
1,151.95
+17.96 (1.58%)
After-hours: Jun 18, 2026, 7:59 PM EDT

Micron Technology Stock Forecast

Stock Price Forecast

According to 44 analysts polled by S&P Global, Micron Technology stock has a consensus rating of "Strong Buy" and an average price target of $945.6. The average 1-year stock price forecast is 16.61% lower than the current stock price, while the lowest is $249 (-78.04%) and the highest is $1,750 (+54.32%).

Price Target: $945.6 (-16.61%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$249$945.6$1,075$1,750
Change-78.04%-16.61%-5.20%+54.32%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy272828303030
Buy101010999
Hold435544
Sell000000
Strong Sell220011
Total434343444444

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wedbush
Wedbush
Buy
Reiterates
$550$1,300
BuyReiterates$550$1,300+14.64%Jun 18, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Reiterates
$550$1,500
BuyReiterates$550$1,500+32.28%Jun 18, 2026
Rosenblatt Securities
Rosenblatt Securities
Buy
Maintains
$600$1,200
BuyMaintains$600$1,200+5.82%Jun 18, 2026
Deutsche Bank
Deutsche Bank
Buy
Reiterates
$1,000$1,500
BuyReiterates$1,000$1,500+32.28%Jun 17, 2026
Citi
Citi
Buy
Maintains
$840$1,200
BuyMaintains$840$1,200+5.82%Jun 17, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
113.26B
from 37.38B
Increased by 203.02%
Revenue Next Year
190.98B
from 113.26B
Increased by 68.62%
EPS This Year
61.01
from 8.29
Increased by 635.94%
EPS Next Year
117.95
from 61.01
Increased by 93.34%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingSep 2, 2021Sep 1, 2022Aug 31, 2023Aug 29, 2024Aug 28, 2025Aug 31, 2026
Revenue
27.71B30.76B15.54B25.11B37.38B113.26B
Revenue Growth
29.25%11.02%-49.48%61.59%48.85%203.02%
Gross Profit
10.47B13.90B415.00M5.61B14.87B87.58B
Gross Margin
37.80%45.18%2.67%22.35%39.79%77.32%
Operating Income
6.80B9.71B-3.57B1.31B9.81B81.00B
Net Income
5.86B8.69B-5.83B778.00M8.54B69.33B
EPS
----8.2961.01
EPS Growth
----537.69%635.94%
Forward PE
7.0911.93-12.7810.1518.59
Dividend / Share
0.100.320.460.460.460.52
Dividend Growth
-215.00%46.03%--13.02%
Free Cash Flow
-835.88M1.50B-3.96B400.38M-891.50M37.81B
No. Analysts
-----36
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High131.8B
Avg113.3B
Low72.2B

Revenue Growth

Revenue Growth202620272028
High
252.6%
Avg
203.0%
Low
93.2%

EPS Forecast

EPS202620272028
High75.00
Avg61.01
Low28.42

EPS Growth

EPS Growth202620272028
High
804.7%
Avg
635.9%
Low
242.8%