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Micron Technology shares closed at $1,096.16, marking a 5% gain in a session that capped a week of 18.17% growth.
The stock has surged 284.3% year to date, pushing its market cap near $1.24 trillion ahead of fiscal Q4 results due September 30, 2026. The sell-side outlook for the memory maker is sharply divided.
While the consensus price target sits at $1,515, a Street-high target of $2,000 has been cited by multiple firms.
This wide disparity reflects uncertainty in modeling mid-cycle earnings for a memory manufacturer during the current artificial intelligence buildout. The stock currently trades below its 52-week high of $1,254.81.
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