Micron (MU) Stock Soars 570% — Is Another 84% Rally Within Reach?
Micron Technology (MU) shares have surged 90% in 2025 and 570% over the past 12 months, driven by high demand for memory chips essential to AI infrastructure. Analysts predict potential for another 84% rally, with some setting a $1,000 price target.
Micron Technology's stock has climbed 90% in 2025, reaching $541.99. The company's shares have risen over 570% in the past year due to strong demand for memory components used in AI infrastructure. 27 out of 30 analysts maintain a Buy recommendation, with price targets ranging from $400 to $1,000. Micron's quarterly revenue jumped from $13.6 billion to $23.9 billion, with projections of $33.5 billion for the next quarter. The company can currently meet only 50-67% of customer demand. High-bandwidth memory (HBM) is a key growth driver, with the addressable market expected to expand from $35 billion to $100 billion by 2028. Wall Street projects Micron's revenue to reach $169 billion by fiscal year-end 2027.
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