Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
1,020.76
-67.23 (-6.18%)
At close: Jun 16, 2026, 4:00 PM EDT
1,033.75
+12.99 (1.27%)
After-hours: Jun 16, 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 $866.6. The average 1-year stock price forecast is 15.10% lower than the current stock price, while the lowest is $249 (-75.61%) and the highest is $1,750 (+71.44%).

Price Target: $866.6 (-15.10%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$249$866.6$846$1,750
Change-75.61%-15.10%-17.12%+71.44%

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
RBC Capital
RBC Capital
Buy
Reiterates
$525$1,200
BuyReiterates$525$1,200+17.56%Jun 15, 2026
TD Cowen
TD Cowen
Buy
Reiterates
$660$1,500
BuyReiterates$660$1,500+46.95%Jun 12, 2026
Wolfe Research
Wolfe Research
Buy
Maintains
$550$1,250
BuyMaintains$550$1,250+22.46%Jun 11, 2026
Daiwa
Daiwa
Buy
Maintains
$700$1,600
BuyMaintains$700$1,600+56.75%Jun 10, 2026
Goldman Sachs
Goldman Sachs
Hold
Maintains
$400$900
HoldMaintains$400$900-11.83%Jun 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
112.04B
from 37.38B
Increased by 199.75%
Revenue Next Year
185.71B
from 112.04B
Increased by 65.75%
EPS This Year
60.14
from 8.29
Increased by 625.46%
EPS Next Year
113.81
from 60.14
Increased by 89.25%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingSep 2, 2021Sep 1, 2022Aug 31, 2023Aug 29, 2024Aug 28, 2025Aug 31, 2026
Revenue
27.71B30.76B15.54B25.11B37.38B112.04B
Revenue Growth
29.25%11.02%-49.48%61.59%48.85%199.75%
Gross Profit
10.47B13.90B415.00M5.61B14.87B86.31B
Gross Margin
37.80%45.18%2.67%22.35%39.79%77.04%
Operating Income
6.80B9.71B-3.57B1.31B9.81B79.17B
Net Income
5.86B8.69B-5.83B778.00M8.54B67.69B
EPS
----8.2960.14
EPS Growth
----537.69%625.46%
Forward PE
7.0911.93-12.7810.1516.97
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
High127.8B
Avg112.0B
Low72.2B

Revenue Growth

Revenue Growth202620272028
High
241.9%
Avg
199.8%
Low
93.2%

EPS Forecast

EPS202620272028
High71.31
Avg60.14
Low28.42

EPS Growth

EPS Growth202620272028
High
760.2%
Avg
625.5%
Low
242.8%