Micron (MU) Stock Hits Record Highs on AI Frenzy – Analysts See More Upside Ahead
Micron Technology shares have surged over 100% year-to-date, trading near $192 after hitting all-time highs in October. Fiscal 2025 revenue jumped 49% to $37.4 billion, with net income at $8.5 billion. The company projects Q1 FY2026 revenue of $12.5 billion, far above estimates, driven by soaring demand for AI memory chips. Wall Street analysts remain strongly bullish, with price targets as high as $270.