Go Pro

Micron Technology (MU) Stock Forecast & Price Target

Micron Technology logo
$1,016.59 +58.43 (+6.10%)
As of 09/4/2026 04:00 PM Eastern

Micron Technology - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
3
Buy
35

Based on 38 Wall Street analysts who have issued ratings for Micron Technology in the last 12 months, the stock has a consensus rating of "Buy." Out of the 38 analysts, 3 have given a hold rating, 31 have given a buy rating, and 4 have given a strong buy rating for MU.

Consensus Price Target

$1,295.63
27.45% Upside
According to the 38 analysts' twelve-month price targets for Micron Technology, the average price target is $1,295.63. The highest price target for MU is $2,000.00, while the lowest price target for MU is $249.00. The average price target represents a forecasted upside of 27.45% from the current price of $1,016.59.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
Get the Latest News and Ratings for MU and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Micron Technology and its competitors.

Sign Up
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

MU Analyst Ratings Over Time

TypeCurrent Forecast
9/6/25 to 9/6/26
1 Month Ago
8/7/25 to 8/7/26
3 Months Ago
6/8/25 to 6/8/26
1 Year Ago
9/6/24 to 9/6/25
Strong Buy
4 Strong Buy rating(s)
4 Strong Buy rating(s)
5 Strong Buy rating(s)
2 Strong Buy rating(s)
Buy
31 Buy rating(s)
31 Buy rating(s)
30 Buy rating(s)
21 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$1,295.63$1,260.31$690.97$147.54
Forecasted Upside27.45% Upside43.61% Upside-27.21% Downside12.31% Upside
Consensus RatingBuyBuyBuyModerate Buy

MU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

MU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Micron Technology Stock vs. The Competition

TypeMicron TechnologyTechnology CompaniesBroader Market
Consensus Rating Score
3.03
2.23
2.53
Consensus RatingBuyHoldModerate Buy
Predicted Upside27.45% Upside410.65% Upside14.02% Upside
News Sentiment Rating
Positive News

See Recent MU News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/25/2026
Mizuho logo
Mizuho
3 of 5 stars
Vijay Rakesh
Vijay Rakesh
5 of 5 stars
Lower TargetOutperform$1,375.00 ➝ $1,300.00+42.79%
8/21/2026 Initiated CoverageOutperform$1,300.00+33.43%
8/19/2026
Zacks Research logo
Zacks Research
5 of 5 stars
 DowngradeStrong-BuyHold
8/14/2026UpgradeNeutralBuy$1,250.00+31.60%
8/10/2026Reiterated RatingBuy
8/7/2026 Reiterated RatingBuy (B)
8/7/2026Lower TargetBuy$1,400.00 ➝ $1,150.00+31.55%
8/3/2026 Reiterated RatingBuy
7/20/2026Reiterated RatingOverweight
7/10/2026Reiterated RatingBuy
6/25/2026Boost TargetBuy$1,500.00 ➝ $2,000.00+69.80%
6/25/2026Boost TargetBuy$1,550.00 ➝ $1,650.00+44.60%
6/25/2026Set Target$1,500.00+44.52%
6/25/2026Boost TargetOutperform$1,100.00 ➝ $1,500.00+44.52%
6/25/2026Boost TargetOutperform$1,200.00 ➝ $1,500.00+44.52%
6/25/2026Boost TargetPositive$1,750.00 ➝ $2,000.00+92.69%
6/25/2026Boost TargetNeutral$900.00 ➝ $1,100.00+5.98%
6/25/2026Boost TargetOverweight$1,050.00 ➝ $1,200.00+15.61%
6/25/2026Reiterated RatingOverweight$1,500.00+23.60%
6/25/2026Boost TargetOverweight$1,175.00 ➝ $2,000.00+64.80%
6/25/2026Boost TargetBuy$1,500.00 ➝ $1,550.00+27.85%
6/25/2026Boost TargetOutperform$1,300.00 ➝ $1,400.00+15.48%
6/25/2026Boost TargetOverweight$1,220.00 ➝ $1,525.00+29.03%
6/25/2026Boost TargetBuy$1,200.00 ➝ $1,500.00+44.52%
6/25/2026 UpgradeHoldBuy
6/23/2026Boost TargetBuy$950.00 ➝ $1,500.00+23.83%
6/22/2026Set Target$1,300.00+14.64%
6/18/2026Boost TargetBuy$550.00 ➝ $1,500.00+43.79%
4/27/2026Initiated CoverageBuy$700.00+40.92%
3/19/2026Boost TargetOverweight$350.00 ➝ $550.00+23.72%
3/19/2026 DowngradeBuyHold
2/2/2026 UpgradeStrong-Buy
1/23/2026 UpgradeStrong-Buy
1/22/2026Initiated CoverageOutperform
1/7/2026Boost TargetOverweight$275.00 ➝ $400.00+17.21%
12/18/2025 Reiterated RatingOutperform
10/13/2025 UpgradeUnderperformOutperform$270.00+48.68%
9/24/2025 UpgradeHoldStrong-Buy
8/27/2025Initiated CoverageOutperform$155.00+33.05%
7/18/2025 UpgradeStrong-Buy
This free guide explains options the way they should be taught (Ad)

Most options educators jump straight into Greeks, spreads, and implied volatility - losing beginners before they ever place a trade. This free guide from Base Camp Trading takes a different approach, starting with the basics and showing you exactly how options work, why traders use them, and how they fit into a simple trading plan.tc pixel

Claim your free options guide and start building real trading knowledge
6/27/2025Boost TargetOutperform$163.00 ➝ $200.00+57.53%
3/26/2025DowngradeBuyHold$84.00-10.81%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:37 AM ET.


Should I Buy Micron Technology Stock? MU Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, September 4, 2026. Please send any questions or comments about these Micron Technology pros and cons to contact@marketbeat.com.

Micron Technology
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Micron Technology, Inc.:

  • Micron Technology, Inc. is currently trading at $1,016.59, a significant increase from its 52-week low of $125.66, reflecting a massive surge in market valuation driven by the company's pivotal role in the artificial intelligence infrastructure buildout.
  • The company reported a 345.8% year-over-year revenue increase in its most recent quarter, with actual revenue of $41.46 billion significantly beating the consensus estimate of $35.91 billion, demonstrating that demand for its memory products is far outpacing previous market expectations.
  • Micron Technology, Inc. has secured 16 strategic customer agreements with pricing floors or bands extending through 2030, which provides superior revenue visibility and margin protection compared to traditional spot-priced commodity cycles, effectively de-risking the company's future cash flows.
  • Wall Street analysts maintain a strong consensus of "Buy" with an average price target of $1,295.63, suggesting approximately 27% upside potential from the current price, as firms like Raymond James and BMO Capital Markets have recently raised their targets to reflect the sustained AI memory shortage.
  • The company's financial health is robust, evidenced by a debt-to-equity ratio of just 0.05 and a current ratio of 3.42, indicating that Micron Technology, Inc. has ample liquidity and minimal leverage to fund its aggressive expansion into high-bandwidth memory production.

Micron Technology
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Micron Technology, Inc. for these reasons:

  • Corporate insiders have been consistently selling their shares, with CEO Sanjay Mehrotra and other executives executing multiple large sales in the second half of 2026, such as the CEO's sale of 40,000 shares in August, which may signal a lack of confidence in the stock's short-term sustainability.
  • The stock carries a high beta of 2.22, meaning it is more than twice as volatile as the broader market, exposing investors to significant price swings and heightened risk during periods of market correction or shifts in interest rate expectations.
  • Despite the strong performance, the stock is trading at a P/E ratio of 23.02, which is a premium valuation that leaves little room for error if the AI infrastructure spending cycle slows or if competitors like China's memory chip breakthroughs begin to impact pricing power.
  • Short interest remains notable with over 30 million shares shorted as of the latest record date, and while the percentage of float is low, the absolute number of short positions indicates that a segment of the market is actively betting against the company's continued high growth trajectory.
  • The company's dividend yield is negligible at 0.06%, offering no meaningful income stream for investors, which makes the stock purely a growth play that relies entirely on capital appreciation rather than providing a safety net through regular payouts.

MU Forecast - Frequently Asked Questions

According to the research reports of 38 Wall Street equities research analysts, the average twelve-month stock price forecast for Micron Technology is $1,295.63, with a high forecast of $2,000.00 and a low forecast of $249.00.

38 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last year. There are currently 3 hold ratings, 31 buy ratings and 4 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MU shares.

According to analysts, Micron Technology's stock has a predicted upside of 27.45% based on their 12-month stock forecasts.

Over the previous 90 days, Micron Technology's stock had 3 upgrades and 1 downgrade by analysts.

Analysts like Micron Technology more than other "technology" companies. The consensus rating for Micron Technology is Buy while the average consensus rating for "technology" companies is Hold. Learn more on how MU compares to other companies.


MarketBeat monitors more than a dozen sources for Micron Technology analyst ratings, with the most recent rating issued on 8/25/2026.
From Our Partners