Micron Technology, Inc.
MUPrice Projections & Market Scenarios
End of 2026 Target
Projected closing price (Bubble Scenario)
Yearly Price Targets (2025-2030)
| Year | Forecast Price | Growth vs Today |
|---|---|---|
| 2026 | $808.78 | -17% |
| 2027 | $582.99 | -40% |
| 2028 | $641.29 | -34% |
| 2029 | $705.42 | -27% |
| 2030 | $775.96 | -20% |
| 2031 | $853.56 | -12% |
Risk Analysis (Bubble)
The "AI Bubble" model assumes an unsustainable price acceleration through 2026, driven by retail hype, followed by a sharp correction in 2027 as revenue fails to match Capex.
AnalysisLive
Micron’s analyst backdrop is strongly positive, with consensus 12-month targets clustering around $1,260 to $1,566 and several recent bullish revisions, including UBS at $1,625 and a MarketBeat consensus of $1,259.9713[7]. Recent coverage also cites very strong fiscal 2026 growth expectations, including Zacks consensus revenue growth of 197.7% and EPS growth of 619.8%, while the company’s own guidance cited $50 billion in fiscal Q4 2026 revenue potential, supporting a constructive multi-year outlook if AI memory demand remains tight[11][15].
Key Insights
- •Wall Street’s current target range for MU is materially above the current price, with average targets near $1,260-$1,566 and a high as much as $2,200235.
- •UBS’s $1,625 target and other recent upgrades suggest analysts expect continued HBM and data-center memory strength into 20261[10].
- •The main downside risk is a valuation reset if AI capex disappoints or memory pricing weakens, which would likely compress MU’s multiple sharply despite strong long-term demand[6][15].