Micron Technology (MU) Stock Surges as Analysts Boost Targets to $300 Ahead of Earnings
Micron Technology prepares to report fiscal Q1 earnings on December 17, 2025, with Wall Street anticipating $12.9 billion in revenue and $3.96 EPS. The chipmaker’s shares have soared 175% this year, dwarfing the Nasdaq’s 19% gain, fueled by booming demand for high-bandwidth memory chips in AI servers.
Analysts project 48% year-over-year growth, a stark contrast to last year’s $1.79 EPS. Needham’s N. Quinn Bolton raised his price target to $300 from $200, maintaining a Buy rating. Micron’s dominance in dynamic random-access memory and flash storage positions it as a critical player in the AI hardware boom.