Micron Technology, Inc.
MUPrice Projections & Market Scenarios
Current Price
$975.26
LinearAI Bubble
End of 2026 Target
Projected closing price (Bubble Scenario)
$760
-22% Growth
Yearly Price Targets (2025-2030)
| Year | Forecast Price | Growth vs Today |
|---|---|---|
| 2026 | $760.00 | -22% |
| 2027 | $560.00 | -43% |
| 2028 | $610.00 | -38% |
| 2029 | $720.00 | -26% |
| 2030 | $830.00 | -15% |
| 2031 | $930.00 | -5% |
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.
StabilityHigh Risk
AnalysisLive
Confidence68%
Micron’s latest reported fiscal Q3 2026 revenue was $41.46 billion, with non-GAAP EPS of $25.11, both beating estimates, and management guided fiscal Q4 revenue to about $50 billion plus or minus $1 billion with non-GAAP EPS of $31 plus or minus $11. Sell-side sentiment remains very constructive, with consensus price targets around $1,295.63 to $1,513.11 and multiple sources noting a strong-buy leaning, but valuation and memory-cycle risk remain the main counterweights23.
Key Insights
- •Micron is currently being valued on a very aggressive AI-memory earnings ramp, with consensus FY2026 revenue around $129.61 billion and FY2027 revenue around $248.08 billion, implying exceptional growth that can re-rate the stock upward if execution stays strong4.
- •The most bullish published targets cluster around $1,513.11, while more conservative target estimates are near $1,295.63, showing a wide dispersion that supports a high-volatility forecast range23.
- •Key risks are a memory-cycle reversal, AI capex disappointment, and customer concentration in data-center demand; those risks justify a severe drawdown path in the bubble-burst scenario even though the base business is currently outperforming14.
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