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Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
989.04
-39.96 (-3.88%)
At close: Oct 12, 2026, 4:00 PM EDT
958.65
-30.39 (-3.07%)
Pre-market: Oct 13, 2026, 6:29 AM EDT

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 $1,561. The average 1-year stock price forecast is 57.79% higher than the current stock price, while the lowest is $361 (-63.50%) and the highest is $3,000 (+203.32%).

Price Target: $1,561 (+57.79%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$361$1,561$1,550$3,000
Change-63.50%+57.79%+56.72%+203.32%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy303131353636
Buy999999
Hold445433
Sell010011
Strong Sell100000
Total444545484949

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
DBS
DBS
Buy
Maintains
$1,400
BuyMaintains$1,400+41.55%Oct 8, 2026
D.A. Davidson
D.A. Davidson
Buy
Maintains
$2,100 → $3,000
BuyMaintains$2,100 → $3,000+203.32%Oct 7, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$1,540
BuyMaintains$1,540+55.71%Oct 6, 2026
Phillip Securities
Phillip Securities
Buy
Maintains
$1,950
BuyMaintains$1,950+97.16%Oct 6, 2026
Barclays
Barclays
Buy
Maintains
$2,000
BuyMaintains$2,000+102.22%Oct 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
275.21B
from 133.19B
Increased by 106.63%
Revenue Next Year
320.57B
from 275.21B
Increased by 16.48%
EPS This Year
176.15
from 75.52
Increased by 133.25%
EPS Next Year
206.33
from 176.15
Increased by 17.13%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingSep 1, 2022Aug 31, 2023Aug 29, 2024Aug 28, 2025Sep 3, 2026Aug 31, 2027
Revenue
30.76B15.54B25.11B37.38B133.19B275.21B
Revenue Growth
11.02%-49.48%61.59%48.85%256.33%106.63%
Gross Profit
13.90B415.00M5.61B14.87B107.50B239.38B
Gross Margin
45.18%2.67%22.35%39.79%80.72%86.98%
Operating Income
9.71B-3.57B1.30B9.77B99.34B231.66B
Net Income
8.69B-5.83B778.00M8.54B84.97B196.36B
EPS
----75.52176.15
EPS Growth
----810.98%133.25%
Forward PE
11.93203.0012.7810.156.645.61
Dividend / Share
0.320.460.460.460.570.66
Dividend Growth
215.00%46.03%--22.83%16.62%
Free Cash Flow
----58.96B144.42B
No. Analysts
-----40
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High307.2B
Avg275.2B
Low212.4B

Revenue Growth

Revenue Growth202720282029
High
130.7%
Avg
106.6%
Low
59.5%

EPS Forecast

EPS202720282029
High214.70
Avg176.15
Low161.00

EPS Growth

EPS Growth202720282029
High
184.3%
Avg
133.3%
Low
113.2%