Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
823.03
-51.63 (-5.90%)
At close: Jul 31, 2026, 4:00 PM EDT
818.95
-4.08 (-0.50%)
After-hours: Jul 31, 2026, 5:43 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 $1,507. The average 1-year stock price forecast is 83.15% higher than the current stock price, while the lowest is $361 (-56.14%) and the highest is $2,200 (+167.30%).

Price Target: $1,507 (+83.15%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$361$1,507$1,550$2,200
Change-56.14%+83.15%+88.33%+167.30%

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

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Buy
Maintains
$1,300
BuyMaintains$1,300+57.95%Jul 28, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$1,550
BuyReiterates$1,550+88.33%Jul 21, 2026
KeyBanc
KeyBanc
Buy
Maintains
$1,600$1,750
BuyMaintains$1,600$1,750+112.63%Jul 14, 2026
TD Cowen
TD Cowen
Buy
Maintains
$1,600
BuyMaintains$1,600+94.40%Jul 10, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$1,540
BuyMaintains$1,540+87.11%Jul 10, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
129.78B
from 37.38B
Increased by 247.21%
Revenue Next Year
238.82B
from 129.78B
Increased by 84.02%
EPS This Year
73.44
from 8.29
Increased by 785.94%
EPS Next Year
153.74
from 73.44
Increased by 109.33%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingSep 2, 2021Sep 1, 2022Aug 31, 2023Aug 29, 2024Aug 28, 2025Aug 31, 2026
Revenue
27.71B30.76B15.54B25.11B37.38B129.78B
Revenue Growth
29.25%11.02%-49.48%61.59%48.85%247.21%
Operating Income
6.80B9.71B-3.57B1.31B9.81B98.04B
Net Income
5.86B8.69B-5.83B778.00M8.54B82.83B
EPS
----8.2973.44
EPS Growth
----537.69%785.94%
Forward PE
7.0911.93203.0012.7810.1511.21
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
-----38
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

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

Revenue Growth

Revenue Growth202620272028
High
271.2%
Avg
247.2%
Low
228.0%

EPS Forecast

EPS202620272028
High80.16
Avg73.44
Low67.39

EPS Growth

EPS Growth202620272028
High
866.9%
Avg
785.9%
Low
712.9%