Micron Stock Price Prediction: Where Will MU Be in 1 Year?

Micron Technology (NASDAQ: MU) traded astatine $400.77 Thursday morning, bouncing 5.55% disconnected the anterior adjacent aft an 8.46% one-month pullback tied to geopolitical-driven semiconductor selling. The 12-month tally has been extraordinary: +340.89% from $90.90 a twelvemonth ago. The question investors are asking is whether this dip is simply a acquisition oregon a warning.

Our $316.13 terms people sits beneath the existent price, reflecting valuation stretch. The cardinal communicative remains compelling, truthful see this people 1 datapoint among many.

Our $316.13 people is beneath wherever Micron trades today. Two catalysts could beryllium our exemplary excessively conservative: HBM capableness is sold retired for each of 2026, and the institution is the lone American HBM supplier. We've included a afloat bull lawsuit below.

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Micron's fiscal Q1 2026 results, reported December 17, 2025, were exceptional. Revenue came successful astatine $13.64 billion, beating estimates by 5.91% and increasing 56.65% twelvemonth implicit year. Non-GAAP EPS of $4.78 exceeded the $3.9397 estimation by 21.33%. GAAP gross borderline expanded from 38.4% a twelvemonth agone to 56.0%, and escaped currency travel deed a institution grounds of $3.91 billion. The banal has climbed from $243.64 astatine the clip of that filing to $400.77, a determination that prices successful important guardant execution.

The guardant P/E-based terms of $146.83 drags the weighted basal down sharply. The marketplace prices Micron connected a guardant EPS of $12.39 against a existent P/E of astir 38x. After applying the 1.145x 247Factor, the people lands astatine $316.13.