Micron stock rallies 96% YTD, AI demand fuels bullish outlook with price targets up to $1,000.

Micron's stock surged 96.44% year-to-date, driven by its shift away from the consumer sector and strong multi-year contracts with major clients. The growing demand for AI technology is expected to boost Micron's memory products, prompting Wall Street to set bullish price targets, including one at $1,000. Predictive AI models forecast a moderate to strong rally by May 31, 2026, with price estimates ranging from a 13% drop to an 11% rise, averaging a 3.63% gain. This optimism reflects confidence in Micron's role in the expanding AI market.