Quick answer
Of 27 analysts tracked by Nasdaq, 26 rate Micron Technology (MU) a buy, 1 a hold and 0 a sell; their average 12-month price target of $1,621.67 is +84.5% from the Oct 16, 2026 close of $878.84.
Avg target$1,621.67
Target range$1,200.00–$3,000.00
Implied move+84.5%
Mean ratingBuy
Bull case vs bear case
Bull case
- The average analyst target implies a +84.5% move from the last close.
- 26 of 27 analysts (96%) rate it a buy.
- Price is above the 200-day average of $717.84.
- Up 334.3% over the past year.
- Beat EPS estimates in 4 of the last 4 quarters.
- Revenue grew 345.7% year over year in the quarter ended May 28, 2026 (SEC filing).
- Net income of $28.24B in the quarter ended May 28, 2026.
Bear case
- 30.0% below its 52-week high of $1,255.00.
- Wide disagreement: targets range from $1,200.00 to $3,000.00.
Each point is computed from analyst consensus, price history and SEC filings. They are data summaries, not recommendations.
How analyst opinion has changed
| Month | Buy | Hold | Sell | Avg target |
|---|---|---|---|---|
| 10/01/2026 | 24 | 1 | 0 | $1,621.67 |
| 09/01/2026 | 30 | 1 | 0 | $933.44 |
| 08/01/2026 | 29 | 1 | 0 | $823.03 |
| 07/01/2026 | 29 | 1 | 0 | $1,032.28 |
| 06/01/2026 | 26 | 3 | 0 | $1,035.50 |
| 05/01/2026 | 27 | 3 | 0 | $542.21 |
MU price context (Oct 16, 2026 close)
| Metric | Value |
|---|---|
| Last close | $878.84 |
| 52-week high / low | $1,255.00 / $192.40 |
| 50-day average | $983.12 |
| 200-day average | $717.84 |
| 1-year change | +334.3% |
Quarterly revenue from SEC filings
| Quarter ended | Revenue | YoY |
|---|---|---|
| Feb 27, 2025 | $8.05B | +38.3% |
| May 29, 2025 | $9.30B | +36.6% |
| Nov 27, 2025 | $13.64B | +56.7% |
| Feb 26, 2026 | $23.86B | +196.3% |
| May 28, 2026 | $41.46B | +345.7% |
Sources
- SEC XBRL: Micron Technology RevenueFromContractWithCustomerExcludingAssessedTax (latest filing Jun 25, 2026)
- SEC XBRL: Micron Technology net income (latest filing Jun 25, 2026)
- Nasdaq: MU analyst research and price targets (retrieved Oct 19, 2026)
- Nasdaq: MU historical prices (through Oct 16, 2026 close)
- Nasdaq: MU earnings surprise history (retrieved Oct 19, 2026)