Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
124.76
-1.24 (-0.98%)
At close: Jun 27, 2025, 4:00 PM
123.94
-0.82 (-0.66%)
After-hours: Jun 27, 2025, 7:59 PM EDT

Micron Technology Stock Forecast

Stock Price Forecast

According to 26 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 $152.96 forecasts a 22.60% increase in the stock price over the next year.

Price Target: $152.96 (+22.60%)
Analyst Consensus: Strong Buy
Target Low Average Median High
Price $84 $152.96 $150 $250
Change -32.67% +22.60% +20.23% +100.38%

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 Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 999999
Buy 141414141414
Hold 223333
Sell 000000
Strong Sell 000000
Total 252526262626

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Baird
Baird
Buy
Maintains
$163$200
Buy Maintains $163$200 +60.31% Jun 27, 2025
Susquehanna
Susquehanna
Buy
Maintains
$150$160
Buy Maintains $150$160 +28.25% Jun 26, 2025
Stifel
Stifel
Strong Buy
Maintains
$130$145
Strong Buy Maintains $130$145 +16.22% Jun 26, 2025
Piper Sandler
Piper Sandler
Buy
Reiterates
$120$165
Buy Reiterates $120$165 +32.25% Jun 26, 2025
Raymond James
Raymond James
Buy
Maintains
$120$150
Buy Maintains $120$150 +20.23% Jun 26, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
36.56B
from 25.11B
Increased by 45.60%
Revenue Next Year
45.99B
from 36.56B
Increased by 25.78%
EPS This Year
7.22
from 0.70
Increased by 931.45%
EPS Next Year
11.29
from 7.22
Increased by 56.32%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Sep 3, 2020 Sep 2, 2021 Sep 1, 2022 Aug 31, 2023 Aug 29, 2024 Aug 29, 2025 Aug 29, 2026 Aug 29, 2027
Revenue
21.44B27.71B30.76B15.54B25.11B36.56B45.99B47.32B
Revenue Growth
-8.42%29.25%11.02%-49.48%61.59%45.60%25.78%2.91%
EPS
2.375.147.75-5.340.707.2211.2911.63
EPS Growth
-56.97%116.67%50.78%--931.45%56.32%3.08%
Forward PE
-----17.2811.0510.72
No. Analysts
-----414018
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 38.0B 56.0B 55.7B
Avg 36.6B 46.0B 47.3B
Low 33.5B 36.8B 40.2B

Revenue Growth

Revenue Growth 20252026202720282029
High
51.5%
53.3%
21.2%
Avg
45.6%
25.8%
2.9%
Low
33.4%
0.7%
-12.7%

EPS Forecast

EPS 20252026202720282029
High 8.29 16.53 15.60
Avg 7.22 11.29 11.63
Low 6.15 6.53 7.53

EPS Growth

EPS Growth 20252026202720282029
High
1,084.1%
129.0%
38.2%
Avg
931.4%
56.3%
3.1%
Low
779.2%
-9.6%
-33.3%
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.