Micron Technology stock forecast: Third-party price targets

Micron Technology (MU) is trading at $166.25 in early Tuesday trading, within an intraday range of $161.95 to $167.06.

By Dan Mitchell16:25 (UTC), 3 October 2025

Micron Technology stock forecast — Photo: Shutterstock.com

The stock has gained 93% year to date as of September 2025, with client sentiment showing 87.39% buyers and 12.61% sellers.

Momentum is building ahead of the company’s fiscal fourth-quarter earnings, scheduled for release after market close today. Wall Street expects adjusted earnings per share of $2.81 and revenue of $11.12bn. Analyst sentiment remains positive, citing constrained DRAM and NAND Flash wafer supply through 2026 and rising demand from artificial intelligence workloads, particularly in high-bandwidth memory chips. Options markets are pricing in a 10.3% move in either direction following the announcement (TipRanks, 20 September 2025).

Micron Technology stock predictions: Analyst price targets

Morgan Stanley (equity research note)

The investment bank raised its price target on Micron Technology to $160 from $135, maintaining an ‘equal weight’ rating. The firm cited improvements in DRAM and NAND markets as support for higher estimates, with expectations that positioning in high-bandwidth memory will drive future performance (MarketBeat, 22 September 2025).

Stifel Nicolaus (research report)

Analysts lifted their price objective to $173 from $145 while keeping a ‘buy’ rating. The target implies a 4.27% potential increase from current levels, with Deutsche Bank Aktiengesellschaft separately raising its target to $175 from $150 on expectations of tight DRAM supply conditions (MarketBeat, 22 September 2025).

UBS Group (industry research note)

The firm increased its price target to $185 from $155, maintaining a ‘buy’ rating. UBS highlighted continuing demand from hyperscalers for server DDR5 memory, with all major US cloud customers seeking long-term agreements extending into calendar 2026 (TipRanks, 15 September 2025).

JPMorgan Chase (research coverage)

The bank raised its target to $185 from $165, keeping an ‘overweight’ rating. The move followed Micron’s positive preannouncement, which showed revenue, gross margin and earnings upside driven by improved pricing across AI datacentre, smartphone and PC markets (Investing.com UK, 12 August 2025).

Wedbush (analyst note)

The firm boosted its price target to $200 from $165, maintaining an ‘outperform’ rating. Wedbush applied a 10-times multiple to fiscal 2027 earnings estimates, noting that gross margin assumptions remain below 2018 cyclical highs despite positive HBM contributions (TipRanks, 17 September 2025).

Analyst price targets cluster in the $160-$185 range, with outliers at $200 from Wedbush and Rosenblatt. This reflects broad consensus around memory cycle strength and AI-related demand supporting higher valuations.

Predictions and third-party forecasts are often inaccurate, as they can’t account for unforeseen market developments. Past performance should not be relied upon as a definitive indicator of future trends.

MU stock price: Technical overview

Micron Technology (MU) trades at $166.25 as of 8.38pm UTC on 23 September 2025, holding well above its key moving-average cluster, with the 20/50/100/200-day SMAs at approximately $139, $125, $115 and $104. The 20-over-50 alignment remains intact, supporting the near-term constructive bias as price maintains a significant cushion above the moving-average shelf.

Momentum shows stretched readings, with the 14-day RSI at 77.01, indicating firm upside pressure but nearing overbought conditions. The Average Directional Index at 40.67 confirms an established trend, while MACD signals continue to support the bullish structure amid the recent surge.

The first area to watch topside is the $167.44 Classic R1 pivot; a daily close above this level would put the $172.22 R2 back in view and potentially reopen the path towards higher resistance zones. On pullbacks, initial support sits at $117.00 on the Classic Pivot, with the 20-day SMA near $139 providing the primary moving-average shelf. A loss of this level would risk a deeper move towards the 50-day average around $125 (TradingView, 23 September 2025).

This analysis is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.

Capital.com’s client sentiment for Micron Technology CFDs

Buyers account for 87.4% of open Micron Technology CFD positions versus 12.6% for sellers, leaving a 74.8 percentage point tilt towards long positions. This reflects strong positioning among Capital.com clients, though sentiment may shift at any time.

CFDs are traded on margin. Leverage higher than 1:1 magnifies both your profits and your losses.

FAQ

Who owns the most Micron Technology stock?

The largest shareholders in Micron Technology are typically institutional investors such as asset managers, pension funds and mutual funds. The exact breakdown can change over time as holdings are updated in regulatory filings.

What is the 5 year forecast for Micron Technology stock?

Analyst targets published in September 2025 generally cluster between $160 and $185, with some outliers at $200. These views are based on expectations of tight DRAM supply and growing demand for high-bandwidth memory used in artificial intelligence. Forecasts remain speculative and cannot account for unforeseen market events.

Is Micron Technology a good stock to buy?

This article does not provide investment advice. Analysts maintain a range of ratings, including ‘buy’, ‘equal weight’, ‘outperform’ and ‘overweight’, reflecting differing views on Micron’s prospects. Investors should consider independent research and their own financial circumstances.

Could Micron Technology stock go up or down?

Yes. Price movements depend on factors such as earnings results, supply conditions in memory markets, and demand from sectors like artificial intelligence and cloud computing. Technical indicators at the time of writing show strong momentum but also signals of overbought conditions.

Should I invest in Micron Technology stock?

Capital.com does not provide recommendations. Any decision to invest should be based on independent judgement, research and consideration of the risks involved. Past performance and third-party forecasts are not reliable indicators of future results.