MICRON TECHNOLOGY INC (MU) Forecast, Price Target & Analyst Ratings

NASDAQ:MU • US5951121038

Current stock price

429.66 USD
+3.1 (+0.73%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MICRON TECHNOLOGY INC (MU).

Forecast Snapshot

Consensus Price Target

Price Target
$529.76
+ 23.30% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jun 23, 2026
Period
Q3 / 2026
EPS Estimate
$19.83
Revenue Estimate
34.804B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
84.62%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$529.76
Upside
+ 23.30%
From current price of $429.66 to mean target of $529.76, Based on 52 analyst forecasts
Low
$126.25
Median
$559.98
High
$787.50

Price Target Revisions

1 Month
41.65%
3 Months
79.69%

Price Target Summary

52 Wall Street analysts provided a forecast for the next 12 months for MU. The average price target is 529.76 USD. This implies a price increase of 23.3% is expected in the next year compared to the current price of 429.66.
The average price target has been revised upward by 79.69% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MU Current Analyst RatingMU Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 10 20 30

Analyst Ratings History

MU Historical Analyst RatingsMU Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30 40 50

Analyst Ratings Consensus

ChartMill Buy Consensus
84.62%
MU was analyzed by 52 analysts. The buy percentage consensus is at 85. So analysts seem to be very confident about MU.
In the previous month the buy percentage consensus was at a similar level.
MU was analyzed by 52 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-08UBSMaintains Buy -> Buy
2026-03-31CitigroupMaintains Buy -> Buy
2026-03-19TD CowenMaintains Buy -> Buy
2026-03-19Cantor FitzgeraldMaintains Overweight -> Overweight
2026-03-19MizuhoMaintains Outperform -> Outperform
2026-03-19UBSMaintains Buy -> Buy
2026-03-19Deutsche BankMaintains Buy -> Buy
2026-03-19NeedhamMaintains Buy -> Buy
2026-03-19KeybancMaintains Overweight -> Overweight
2026-03-19RBC CapitalReiterate Outperform -> Outperform
2026-03-19RosenblattMaintains Buy -> Buy
2026-03-19BarclaysMaintains Overweight -> Overweight
2026-03-19Wells FargoMaintains Overweight -> Overweight
2026-03-19JP MorganMaintains Overweight -> Overweight
2026-03-19Goldman SachsMaintains Neutral -> Neutral
2026-03-19B of A SecuritiesMaintains Buy -> Buy
2026-03-19CitigroupMaintains Buy -> Buy
2026-03-18BernsteinMaintains Outperform -> Outperform
2026-03-16TD CowenMaintains Buy -> Buy
2026-03-16RBC CapitalMaintains Outperform -> Outperform
2026-03-16RosenblattMaintains Buy -> Buy
2026-03-13WedbushMaintains Outperform -> Outperform
2026-03-12Wells FargoMaintains Overweight -> Overweight
2026-03-09SusquehannaMaintains Positive -> Positive
2026-03-09CitigroupMaintains Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jun 23, 2026
Period
Q3 / 2026
EPS Estimate
$19.83
Revenue Estimate
34.804B
Revenue Q2Q
274.20%
EPS Q2Q
938.08%
Number of Analysts
31

Next Earnings Revisions

Revenue (1 Month)
58.85%
Revenue (3 Months)
65.38%
EPS (1 Month)
91.20%
EPS (3 Months)
104.89%

Next Earnings Summary

MU is expected to report earnings on 6/23/2026. The consensus EPS estimate for the next earnings is 19.83 USD and the consensus revenue estimate is 34.80B USD.
The next earnings revenue estimate has been revised upward by 65.38% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
MU revenue by date.MU revenue by date.
15.54B
-49.48%		25.111B
61.59%		37.378B
48.85%		111.59B
198.54%		178.396B
59.87%		171.986B
-3.59%		83.519B
-51.44%		87.058B
4.24%
EBITDA
YoY % growth
MU ebitda by date.MU ebitda by date.
2.297B
-86.35%		8.826B
284.24%		18.218B
106.41%		89.496B
391.25%		147.214B
64.49%		136.08B
-7.56%		44.059B
-67.62%		47.304B
7.37%
EBIT
YoY % growth
MU ebit by date.MU ebit by date.
-5.459B
-156.23%		1.046B
119.16%		9.866B
843.21%		51.569B
422.69%		78.367B
51.97%		64.436B
-17.78%		N/AN/A
Operating Margin
MU operating margin by date.MU operating margin by date.
-35.13%4.17%26.40%46.21%43.93%37.47%N/AN/A
EPS
YoY % growth
MU eps by date.MU eps by date.
-3.11
-137.29%		1.27
140.84%		8.29
552.76%		58.96
611.19%		99.94
69.51%		85.99
-13.96%		20.20
-76.51%		20.04
-0.76%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28 Q1 / 29
EPS
Q2Q % growth		19.83
938.08%		23.75
683.69%		25.99
443.81%		26.58
117.90%		27.27
37.51%		27.00
13.72%		26.63
2.43%		22.38
-15.82%		20.73
-23.97%		19.94
-26.17%		16.52
-37.97%
Revenue
Q2Q % growth		34.804B
274.20%		40.897B
261.44%		44.791B
228.31%		46.359B
94.30%		48.254B
38.64%		48.773B
19.26%		48.894B
9.16%		44.202B
-4.65%		42.374B
-12.19%		41.923B
-14.04%		N/A
EBITDA
Q2Q % growth		29.474B
249.67%		34.583B
187.11%		37.671B
351.26%		37.964B
84.00%		38.798B
31.63%		39.048B
12.91%		41.055B
8.98%		32.584B
-14.17%		31.599B
-18.56%		31.593B
-19.09%		N/A
EBIT
Q2Q % growth		25.73B
1,055.88%		31.941B
764.91%		35.307B
475.41%		36.126B
123.90%		37.204B
44.59%		36.856B
15.39%		39.964B
13.19%		32.235B
-10.77%		28.298B
-23.94%		25.651B
-30.40%		N/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MU Yearly Revenue VS EstimatesMU Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 50B 100B 150B
MU Yearly EPS VS EstimatesMU Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 20 40 60 80

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
118.09%
EPS Next 5 Year
19.31%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
65.13%
Revenue Next 5 Year
17.91%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
133.91%
EBIT Next 5 Year
34.79%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MICRON TECHNOLOGY INC / MU Forecast FAQ

What is the price target for MU stock?

52 analysts have analysed MU and the average price target is 529.76 USD. This implies a price increase of 23.3% is expected in the next year compared to the current price of 429.66.

Can you provide the upcoming earnings date for MICRON TECHNOLOGY INC?

MICRON TECHNOLOGY INC (MU) will report earnings on 2026-06-23, after the market close.

What are the consensus estimates for MICRON TECHNOLOGY INC (MU) next earnings?

The consensus EPS estimate for the next earnings of MICRON TECHNOLOGY INC (MU) is 19.83 USD and the consensus revenue estimate is 34.80B USD.

Can you provide the analyst count for MICRON TECHNOLOGY INC stock?

The number of analysts covering MICRON TECHNOLOGY INC (MU) is 52.