83/100BMicron Technology stock forecast 2027–2031
Analysts' average 12-month price target for Micron Technology is 1,588.85, 85.9% above the current price of 854.51. Their targets range from 1,200.00 to 3,000.00.
Of the 28 firms that rated Micron Technology in the past 12 months, 27 rate it buy or strong buy, 1 hold and 0 sell or strong sell (each firm at its latest rating); on average they come to Buy.
Analysts' 1-year price targets range from 1,200.00 to 3,000.00, with an average of 1,588.85.
| Strong buy | 0 | |
| Buy | 27 | |
| Hold | 1 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 3,000.00 |
| Average target | 1,588.85 |
| Lowest target | 1,200.00 |
| Current price | 854.51 |
Micron Technology price target history
Analysts' average price target for Micron Technology has risen 637.4% over the past year, from 215.47 to 1,588.85. Each is the average of every firm's latest target from the six months before: 26 firms now, 15 a year ago.
Each day: the average of every firm's latest target from the six months before, adjusted for splits, from the price targets analysts published. The table gives each month end.
How analysts rate Micron Technology, month by month
27 of 28 firms rate it buy now, against 21 of 24 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Micron Technology analyst upgrades, downgrades and price targets
The latest rating change came on 14 August 2026, when New Street upgraded Micron Technology from Neutral to Buy. Its price target is 1,250.00, from 190.00. The most recent new target came from D.A. Davidson on 7 October 2026: 3,000.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 7 Oct 2026 | D.A. Davidson | — | 2,100.00 → 3,000.00 | +42.9% | 1,045.56 |
| 2 Oct 2026 | CLSA Sanjeev Rana | — | 1,700.00 | — | 1,097.39 |
| 1 Oct 2026 | D.A. Davidson | — | 2,000.00 → 2,100.00 | +5.0% | 1,032.47 |
| 1 Oct 2026 | Goldman Sachs James Schneider | — | 1,100.00 → 1,250.00 | +13.6% | 1,065.11 |
| 1 Oct 2026 | William Blair | — | 1,300.00 | — | 1,065.11 |
| 1 Oct 2026 | Mizuho Securities Vijay Rakesh | Reiterated · Outperform | 1,300.00 → 1,400.00 | +7.7% | 1,065.11 |
| 30 Sept 2026 | Wolfe Research Atif Malik | — | 1,500.00 → 1,300.00 | -13.3% | 1,069.37 |
| 28 Sept 2026 | Robert W. Baird Tristan Gerra | — | 1,280.00 → 1,520.00 | +18.8% | 1,082.28 |
| 23 Sept 2026 | Wells Fargo Aaron Rakers | Reiterated · Overweight | 1,525.00 → 1,400.00 | -8.2% | 1,096.16 |
| 25 Aug 2026 | Mizuho Securities | Reiterated · Outperform | 1,375.00 → 1,300.00 | -5.5% | 910.43 |
| 20 Aug 2026 | BMO Capital | — | 1,300.00 | — | 974.33 |
| 14 Aug 2026 | New Street Pierre Ferragu | Upgraded · Neutral → Buy | 190.00 → 1,250.00 | +557.9% | 979.87 |
| 14 Jul 2026 | KeyBanc | Reiterated · Overweight | 1,600.00 → 1,750.00 | +9.4% | 937.00 |
| 29 Jun 2026 | Cantor Fitzgerald | Reiterated · Overweight | 1,500.00 → 2,000.00 | +33.3% | 1,132.33 |
| 25 Jun 2026 | Deutsche Bank Melissa Weathers | Reiterated · Buy | 1,500.00 → 1,550.00 | +3.3% | 1,183.60 |
| 25 Jun 2026 | Wedbush | Reiterated · Outperform | 1,300.00 → 1,400.00 | +7.7% | 1,149.04 |
| 25 Jun 2026 | D.A. Davidson Gil Luria | — | 1,500.00 → 2,000.00 | +33.3% | 1,155.53 |
| 25 Jun 2026 | Mizuho Securities | Reiterated · Outperform | 1,150.00 → 1,375.00 | +19.6% | 1,048.51 |
| 25 Jun 2026 | Barclays Tom O'Malley | Reiterated · Overweight | 1,175.00 → 2,000.00 | +70.2% | 1,048.51 |
| 25 Jun 2026 | Needham | Reiterated · Buy | 1,550.00 → 1,650.00 | +6.5% | 1,048.51 |
| 25 Jun 2026 | Melius Research Ben Reitzes | — | 1,100.00 → 2,200.00 | +100.0% | 1,048.51 |
| 25 Jun 2026 | UBS | — | 1,625.00 → 1,540.00 | -5.2% | 1,048.51 |
| 25 Jun 2026 | Robert W. Baird | — | 443.00 → 1,280.00 | +188.9% | 1,048.51 |
| 25 Jun 2026 | Wells Fargo | Reiterated · Overweight | 1,220.00 → 1,525.00 | +25.0% | 1,048.51 |
| 25 Jun 2026 | Wolfe Research | — | 1,250.00 → 1,500.00 | +20.0% | 1,048.51 |
| 25 Jun 2026 | Raymond James | Reiterated · Outperform | 1,100.00 → 1,500.00 | +36.4% | 1,048.51 |
| 25 Jun 2026 | RBC Capital | Reiterated · Outperform | 1,200.00 → 1,500.00 | +25.0% | 1,048.51 |
| 25 Jun 2026 | Susquehanna Mehdi Hosseini | Reiterated · Positive | 525.00 → 2,000.00 | +281.0% | 1,048.51 |
| 25 Jun 2026 | KeyBanc John Vinh | Reiterated · Overweight | 450.00 → 1,600.00 | +255.6% | 1,048.51 |
| 25 Jun 2026 | Goldman Sachs James Schneider | Reiterated · Neutral | 900.00 → 1,100.00 | +22.2% | 1,048.51 |
| 25 Jun 2026 | Morgan Stanley Joseph Moore | Reiterated · Overweight | 1,050.00 → 1,200.00 | +14.3% | 1,048.51 |
| 22 Jun 2026 | Needham Quinn Bolton | Reiterated · Buy | 450.00 → 1,550.00 | +244.4% | 1,133.99 |
| 22 Jun 2026 | Bernstein | — | 330.00 → 1,300.00 | +293.9% | 1,133.99 |
| 18 Jun 2026 | Wedbush Matt Bryson | Reiterated · Outperform | 500.00 → 1,300.00 | +160.0% | 1,043.19 |
| 18 Jun 2026 | Rosenblatt Securities Hans Mosesmann | Reiterated · Buy | 1,200.00 | — | 1,043.19 |
| 18 Jun 2026 | Stifel Nicolaus Brian Chin | Reiterated · Buy | 550.00 → 1,500.00 | +172.7% | 1,043.19 |
| 17 Jun 2026 | Deutsche Bank | Reiterated · Buy | 500.00 → 1,500.00 | +200.0% | 1,024.54 |
| 15 Jun 2026 | RBC Capital Srini Pajjuri | Reiterated · Outperform | 425.00 → 1,200.00 | +182.4% | 981.61 |
| 11 Jun 2026 | Wolfe Research Chris Caso | Reiterated · Outperform | 350.00 → 1,250.00 | +257.1% | 891.88 |
| 10 Jun 2026 | Daiwa | — | 1,600.00 | — | 891.88 |
| 9 Jun 2026 | Goldman Sachs James Schneider | — | 360.00 → 900.00 | +150.0% | 935.89 |
| 8 Jun 2026 | Cantor Fitzgerald | Reiterated · Overweight | 450.00 → 1,500.00 | +233.3% | 926.65 |
| 8 Jun 2026 | Wells Fargo | Reiterated · Overweight | 470.00 → 1,220.00 | +159.6% | 864.01 |
| 3 Jun 2026 | Morgan Stanley | Reiterated · Overweight | 350.00 → 1,050.00 | +200.0% | 1,052.45 |
| 1 Jun 2026 | Raymond James | Reiterated · Outperform | 310.00 → 1,100.00 | +254.8% | 971.00 |
| 28 May 2026 | D.A. Davidson | — | 1,000.00 → 1,500.00 | +50.0% | 928.41 |
| 27 May 2026 | Mizuho Securities Vijay Rakesh | — | 800.00 → 1,150.00 | +43.8% | 928.41 |
| 27 May 2026 | Barclays Tom O'Malley | Reiterated · Overweight | 450.00 → 1,175.00 | +161.1% | 895.88 |
| 26 May 2026 | UBS Timothy Arcuri | Reiterated · Buy | 450.00 → 1,625.00 | +261.1% | 751.00 |
| 19 May 2026 | Mizuho Securities | Reiterated · Outperform | 740.00 → 800.00 | +8.1% | 681.54 |
Micron Technology EPS and revenue estimates
Revenue
EPS
Does Micron Technology beat earnings estimates?
On average, analysts' EPS estimate was 35.0% off the result, either way, and their revenue estimate 5.7%, over the last 12 quarters.
- EPS beats
- 85 / 127
- Revenue beats
- 66 / 100
- Average EPS surprise, last 12
- +35.0%
- Since
- March 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q4 FY2026 | 30 Sept 2026 | 31.77 | 33.42 | +5.2% | 51.33B | 54.23B | +5.6% |
| Q3 FY2026 | 24 Jun 2026 | 20.98 | 25.11 | +19.7% | 35.91B | 41.46B | +15.4% |
| Q2 FY2026 | 18 Mar 2026 | 9.19 | 12.20 | +32.8% | 19.97B | 23.86B | +19.5% |
| Q1 FY2026 | 17 Dec 2025 | 3.96 | 4.78 | +20.7% | 12.91B | 13.64B | +5.7% |
| Q4 FY2025 | 23 Sept 2025 | 2.86 | 3.03 | +5.9% | 11.22B | 11.32B | +0.9% |
| Q3 FY2025 | 25 Jun 2025 | 1.60 | 1.91 | +19.4% | 8.86B | 9.30B | +4.9% |
| Q2 FY2025 | 20 Mar 2025 | 1.43 | 1.56 | +9.1% | 7.90B | 8.05B | +2.0% |
| Q1 FY2025 | 18 Dec 2024 | 1.75 | 1.79 | +2.3% | 8.71B | 8.71B | -0.1% |
| Q4 FY2024 | 25 Sept 2024 | 1.12 | 1.18 | +5.4% | 7.65B | 7.75B | +1.3% |
| Q3 FY2024 | 26 Jun 2024 | 0.48 | 0.62 | +29.1% | 6.67B | 6.81B | +2.1% |
| Q2 FY2024 | 20 Mar 2024 | -0.25 | 0.42 | +266.2% | 5.35B | 5.82B | +8.9% |
| Q1 FY2024 | 20 Dec 2023 | -0.99 | -0.95 | +4.0% | 4.81B | 4.73B | -1.7% |
Micron Technology stock price 2027–2031: scenarios
If Micron Technology's earnings keep growing at the 42.4% a year analysts expect to FY2029, it would earn about 441.66 a share in FY2031. At the P/E it has traded at over the last five years (7.3 to 136.5) that is 3,240.94 to 60,299.62 a share, or 19,049.52 at its average P/E of 43.1. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 175.61 | 1,288.66 | 7,574.45 | 23,976.28 |
| FY2028 | 211.13 | 1,549.24 | 9,106.12 | 28,824.65 |
| FY2029 | 217.90 | 1,598.95 | 9,398.30 | 29,749.52 |
| FY2030 (extrapolated) | 310.22 | 2,276.42 | 13,380.33 | 42,354.28 |
| FY2031 (extrapolated) | 441.66 | 3,240.94 | 19,049.52 | 60,299.62 |
Each year's EPS is the analysts' consensus to FY2029; the years after continue its 42.4% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (7.3, 43.1, 136.5).