Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
979.30
-12.34 (-1.24%)
At close: Jul 10, 2026, 4:00 PM EDT
982.75
+3.45 (0.35%)
After-hours: Jul 10, 2026, 7:59 PM EDT

Micron Technology Stock Forecast

Stock Price Forecast

According to 45 analysts polled by S&P Global, Micron Technology stock has a consensus rating of "Strong Buy" and an average price target of $1,486. The average 1-year stock price forecast is 51.74% higher than the current stock price, while the lowest is $361 (-63.14%) and the highest is $2,200 (+124.65%).

Price Target: $1,486 (+51.74%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$361$1,486$1,550$2,200
Change-63.14%+51.74%+58.28%+124.65%

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

RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy282830303131
Buy10109999
Hold355445
Sell000010
Strong Sell200100
Total434344444545

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
TD Cowen
TD Cowen
Buy
Maintains
$1,600
BuyMaintains$1,600+63.38%Jul 10, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$1,540
BuyMaintains$1,540+57.26%Jul 10, 2026
Bernstein
Bernstein
Buy
Maintains
$1,300
BuyMaintains$1,300+32.75%Jul 6, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$1,550
BuyReiterates$1,550+58.28%Jul 6, 2026
DBS
DBS
Buy
Maintains
$1,200$1,400
BuyMaintains$1,200$1,400+42.96%Jun 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
129.59B
from 37.38B
Increased by 246.69%
Revenue Next Year
234.24B
from 129.59B
Increased by 80.76%
EPS This Year
73.32
from 8.29
Increased by 784.50%
EPS Next Year
149.64
from 73.32
Increased by 104.08%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingSep 2, 2021Sep 1, 2022Aug 31, 2023Aug 29, 2024Aug 28, 2025Aug 31, 2026
Revenue
27.71B30.76B15.54B25.11B37.38B129.59B
Revenue Growth
29.25%11.02%-49.48%61.59%48.85%246.69%
Operating Income
6.80B9.71B-3.57B1.31B9.81B98.05B
Net Income
5.86B8.69B-5.83B778.00M8.54B82.83B
EPS
----8.2973.32
EPS Growth
----537.69%784.50%
Forward PE
7.0911.93-12.7810.1513.36
Dividend / Share
0.100.320.460.460.460.53
Dividend Growth
-215.00%46.03%--15.92%
Free Cash Flow
-835.88M1.50B-3.96B400.38M-891.50M48.68B
No. Analysts
-----37
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

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

Revenue Growth

Revenue Growth202620272028
High
271.2%
Avg
246.7%
Low
228.0%

EPS Forecast

EPS202620272028
High80.16
Avg73.32
Low67.39

EPS Growth

EPS Growth202620272028
High
866.9%
Avg
784.5%
Low
712.9%