Micron Stock Will Explode: Why the Best Is Yet to Come

Micron stock will explode again before the year runs out, according to several Wall Street analysts who have been watching the AI memory trade pretty closely. Shares of Micron Technology, trading under the ticker MU, sit right now near $990, after closing at $990.21 on July 23, with the stock briefly touching $1,011.77 during the session. The question a lot of traders keep asking is whether is Micron a buy this late into such a steep climb, especially with the market cap now sitting above $1.1 trillion. Fresh price targets running as high as $2,000 have pushed the latest Micron stock prediction toward another leg higher, and that call rests on a memory shortage that does not look like it will ease before 2028.

Micron Stock Prediction And AI Growth Drive Future Upside

Wall Street Keeps Raising Its Price Targets

The whole reason Micron stock will explode according to a growing number of bulls is actually pretty simple once you look at the targets. Bank of America moved its number up to $1,550 and put Micron on its Best Investment Ideas list, and around the same time KeyBanc set a target of $1,750. Susquehanna went even further with a call of $2,000, and both Cantor Fitzgerald and Barclays followed with targets at that same level not long after.

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