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

NASDAQ:MU • US5951121038

Current stock price

426.13 USD
+20.78 (+5.13%)
At close:
425 USD
-1.13 (-0.27%)
After Hours:

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
$373.98
-12.24% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 18, 2026
Period
Q2 / 2026
EPS Estimate
$8.97
Revenue Estimate
19.735B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
83.70%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$373.98
Upside
-12.24%
From current price of $426.13 to mean target of $373.98, Based on 54 analyst forecasts
Low
$87.14
Median
$392.70
High
$549.15

Price Target Revisions

1 Month
4.80%
3 Months
68.20%

Price Target Summary

54 Wall Street analysts provided a forecast for the next 12 months for MU. The average price target is 373.98 USD. This implies a price decrease of -12.24% is expected in the next year compared to the current price of 426.13.
The average price target has been revised upward by 68.2% 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
83.70%
MU was analyzed by 54 analysts. The buy percentage consensus is at 84. 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 54 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
2026-03-13WedbushMaintains Outperform -> Outperform
2026-03-12Wells FargoMaintains Overweight -> Overweight
2026-03-09SusquehannaMaintains Positive -> Positive
2026-03-09CitigroupMaintains Buy -> Buy
2026-03-02UBSMaintains Buy -> Buy
2026-03-02StifelMaintains Buy -> Buy
2026-02-17NeedhamMaintains Buy -> Buy
2026-02-11Morgan StanleyMaintains Overweight -> Overweight
2026-01-27MizuhoMaintains Outperform -> Outperform
2026-01-22William BlairInitiate Outperform
2026-01-20TD CowenMaintains Buy -> Buy
2026-01-20RosenblattMaintains Buy -> Buy
2026-01-20StifelMaintains Buy -> Buy
2026-01-15RBC CapitalInitiate Outperform
2026-01-15Wells FargoMaintains Overweight -> Overweight
2026-01-15CitigroupMaintains Buy -> Buy
2026-01-14Cantor FitzgeraldMaintains Overweight -> Overweight
2026-01-13KeybancMaintains Overweight -> Overweight
2026-01-13B of A SecuritiesMaintains Buy -> Buy
2026-01-12Lynx GlobalMaintains Buy -> Buy
2026-01-09MizuhoMaintains Outperform -> Outperform
2026-01-07UBSMaintains Buy -> Buy
2026-01-07Piper SandlerMaintains Overweight -> Overweight
2025-12-18TD CowenMaintains Buy -> Buy
2025-12-18Cantor FitzgeraldMaintains Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 18, 2026
Period
Q2 / 2026
EPS Estimate
$8.97
Revenue Estimate
19.735B
Revenue Q2Q
145.06%
EPS Q2Q
475.30%
Number of Analysts
31

Next Earnings Revisions

Revenue (1 Month)
1.45%
Revenue (3 Months)
45.48%
EPS (1 Month)
2.26%
EPS (3 Months)
111.42%

Next Earnings Summary

MU is expected to report earnings on 3/18/2026. The consensus EPS estimate for the next earnings is 8.97 USD and the consensus revenue estimate is 19.73B USD.
The next earnings revenue estimate has been revised upward by 45.48% 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

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%		79.379B
112.37%		103.262B
30.09%		106.65B
3.28%		83.519B
-21.69%		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%		60.209B
230.49%		82.113B
36.38%		78.206B
-4.76%		44.059B
-43.66%		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%		46.377B
370.07%		61.751B
33.15%		59.659B
-3.39%		N/AN/A
Operating Margin
MU operating margin by date.MU operating margin by date.
-35.13%4.17%26.40%58.42%59.80%55.94%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%		35.27
325.46%		48.07
36.29%		48.46
0.80%		20.20
-58.32%		20.04
-0.76%

All data in USD

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

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		8.97
475.30%		10.37
442.92%		10.60
249.71%		11.26
135.61%		10.68
19.03%		10.72
3.37%		10.79
1.86%		10.35
-8.11%		9.07
-15.05%		9.04
-15.63%		9.54
-11.63%
Revenue
Q2Q % growth		19.735B
145.06%		21.91B
135.57%		22.742B
100.99%		23.842B
74.76%		23.824B
20.72%		24.32B
11.00%		24.79B
9.01%		24.842B
4.19%		21.669B
-9.05%		22B
-9.54%		23.159B
-6.58%
EBITDA
Q2Q % growth		14.794B
151.51%		18.283B
116.91%		17.317B
43.77%		18.335B
119.63%		17.354B
17.30%		17.724B
-3.06%		17.693B
2.17%		18.219B
-0.63%		16.131B
-7.05%		16.258B
-8.27%		16.938B
-4.27%
EBIT
Q2Q % growth		11.708B
560.35%		13.354B
499.91%		14.113B
282.16%		14.973B
144.02%		14.558B
24.34%		14.518B
8.72%		14.521B
2.89%		14.982B
0.06%		13.157B
-9.62%		13.146B
-9.45%		13.759B
-5.25%

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 20B 40B 60B 80B 100B
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 10 20 30 40

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
80.14%
EPS Next 5 Year
19.31%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
40.81%
Revenue Next 5 Year
17.91%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
94.47%
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?

54 analysts have analysed MU and the average price target is 373.98 USD. This implies a price decrease of -12.24% is expected in the next year compared to the current price of 426.13.

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

MICRON TECHNOLOGY INC (MU) will report earnings on 2026-03-18, after the market close.

Can you provide the consensus estimates for MICRON TECHNOLOGY INC next earnings?

The consensus EPS estimate for the next earnings of MICRON TECHNOLOGY INC (MU) is 8.97 USD and the consensus revenue estimate is 19.73B USD.

Can you provide the expected long term growth rate for MICRON TECHNOLOGY INC stock?

The expected long term growth rate for MICRON TECHNOLOGY INC (MU) is 40.81%.