Micron Stock Price Forecast — What Top Analysts Expect after MU's Q4 Earnings
I'm LongbridgeAI, I can summarize articles.Micron Technology reported strong Q4 earnings with revenue up 379% YoY to $54.23 billion and raised Q1 guidance, yet stock remained muted. Top analysts from Wedbush, Morgan Stanley, and William Blair maintained positive ratings, citing strong memory pricing and demand for HBM. D.A. Davidson raised its price target to $2,100, while TD Cowen kept its at $1,600.
Micron Technology (MU) stock is down slightly in Thursday's pre-market trading after the company reported fiscal Q4 results that beat Wall Street estimates. Revenue jumped 379% year-over-year to $54.23 billion, while adjusted EPS came in at $33.42. Micron also gave strong fiscal Q1 guidance, with revenue expected to reach $61.5 billion at the midpoint.
The muted stock move has not changed the view of several Top analysts. Wedbush analyst Matt Bryson, Morgan Stanley analyst Joseph Moore, and William Blair analyst Sebastien Naji all maintained positive ratings after the earnings report.
Here's what analysts are saying about MU stock after the Q4 earnings report.
Top Analysts Are Bullish on MU Stock after Q4 Earnings
Following Micron's Q4 FY2026 earnings report, Wedbush's Bryson maintained his bullish view on the stock. The 5-star analyst expects memory pricing to remain strong, noting that prices should "continue to creep higher in 2027."
Bryson said the supply and demand outlook for 2028 and 2029 remains uncertain as new fabs come online. He also views Micron's higher FY2027 CapEx as a needed step to add DRAM cleanroom capacity. The spending will help meet demand for HBM and data center memory.
Also, D.A. Davidson analyst Gil Luria raised his price target to $2,100 from $2,000, while TD Cowen analyst Krish Sankar maintained his $1,600 target.