Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
124.27
-3.48 (-2.72%)
At close: Aug 13, 2025, 4:00 PM
124.18
-0.09 (-0.07%)
After-hours: Aug 13, 2025, 7:59 PM EDT
Micron Technology Stock Forecast
Stock Price Forecast
According to 28 professional analysts, the 12-month price target for Micron Technology stock ranges from a low of $84 to a high of $250. The average analyst price target of $152.75 forecasts a 22.92% increase in the stock price over the next year.
Price Target: $152.75 (+22.92%)
Analyst Consensus: Strong Buy
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
| Rating | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 10 | 11 |
| Buy | 14 | 14 | 14 | 13 | 13 | 13 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 26 | 26 | 25 | 27 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $165 → $185 | Buy | Maintains | $165 → $185 | +48.87% | Aug 12, 2025 |
| Needham | Needham | Strong Buy Reiterates $150 | Strong Buy | Reiterates | $150 | +20.70% | Aug 11, 2025 |
| Deutsche Bank | Deutsche Bank | Strong Buy Initiates $150 | Strong Buy | Initiates | $150 | +20.70% | Jul 10, 2025 |
| Goldman Sachs | Goldman Sachs | Hold Initiates $130 | Hold | Initiates | $130 | +4.61% | Jul 10, 2025 |
| Baird | Baird | Buy Maintains $163 → $200 | Buy | Maintains | $163 → $200 | +60.94% | Jun 27, 2025 |
Financial Forecast
Revenue This Year
37.83B
from 25.11B
Increased by 50.65%
Revenue Next Year
49.49B
from 37.83B
Increased by 30.83%
EPS This Year
7.99
from 0.70
Increased by 1,041.15%
EPS Next Year
12.59
from 7.99
Increased by 57.58%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 38.9B | 56.7B | 63.4B | ||
| Avg | 37.8B | 49.5B | 52.7B | ||
| Low | 34.8B | 42.8B | 45.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 55.0% | 50.0% | 28.1% | ||
| Avg | 50.6% | 30.8% | 6.5% | ||
| Low | 38.7% | 13.1% | -8.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.57 | 16.18 | 18.57 | ||
| Avg | 7.99 | 12.59 | 13.51 | ||
| Low | 6.86 | 9.61 | 3.26 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1,124.5% | 102.5% | 47.6% | ||
| Avg | 1,041.2% | 57.6% | 7.3% | ||
| Low | 880.0% | 20.4% | -74.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.