Micron Stock More Than Tripled in 2025 -- Analyst Sees More Upside Ahead

GuruFocus
2026.01.13 13:03
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Micron Technology's stock surged over 240% in 2025, with analysts predicting further gains in 2026. Lynx Equity Strategy raised its price target to $550, suggesting a 60% upside, driven by rising AI demand and improving industry fundamentals. The firm anticipates a doubling of Micron's earnings per share to $62 by fiscal 2028 and revenue doubling between fiscal 2026 and 2028, despite potential near-term volatility. Micron is expected to benefit from a shift in data-center demand towards high-bandwidth memory products.