Wall Street analyst consensus for Micron Technology puts the average 12-month price target at roughly $1,500 to $1,570, with high forecasts reaching $2,200 and lower estimates around $1,100.

Analyst Price Targets and Consensus

Average Target: ~$1,507 – $1,569

High Forecast: $2,200

Low Forecast: $1,100

Sentiment: Roughly 89% to 96% of tracking analysts rate the stock a Buy or Strong Buy.

Growth Drivers and Bullish Factors

AI Infrastructure Demand: Massive secular demand for High Bandwidth Memory (HBM) and DRAM chips powering artificial intelligence.

Explosive Earnings: Surging revenue and multi-fold increases in net income driven by industry-wide memory shortages.

Long-Term Contracts: A shift toward multi-year supply agreements that may smooth out historical cyclical boom-and-bust patterns.

@Gilly87

I'm still hopeful !!!