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Micron eyes $1,600 per share as AI-driven memory demand fuels bullish Wall Street outlook.

Company Fundamentals
21 Sep 2026
24/7 Wall Street
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Bullish
Micron eyes $1,600 per share as AI-driven memory demand fuels bullish Wall Street outlook.

Micron Technology shares have surged 247% this year, driven by strong AI-related memory demand and strategic customer agreements worth $100 billion. Despite a recent price plateau near $990, Wall Street remains 92% bullish with a consensus price target of $1,513. The company’s upcoming earnings report on September 30, 2026, is critical, with expectations that Q4 earnings and revenue visibility from strategic agreements will push the stock toward $1,600 per share by 2027. Key risks include potential slowdowns in hyperscaler capital expenditures that could ease memory supply constraints and affect pricing power.

Micron Technology shares trade at USD 1,040.81 on Pluang as of September 21, 2026, 23:11 WIB, marking a 2.46% gain in one day. This strong performance aligns with the article's focus on Micron's pivotal earnings report and AI-driven memory demand. The stock's market cap on Pluang stands at $1.15 trillion, reflecting significant investor interest ahead of the critical earnings date.

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