Wells Fargo set a bold $300 price target for Micron Technology in November 2025, expecting strong growth based on management insights and industry trends. However, Micron's stock surged nearly 272% to around $885 by late 2026, driven by explosive demand for memory chips in AI applications and record-breaking earnings. The company reported massive revenue and profit jumps, with future shipments largely pre-committed through 2030. Analysts have since raised targets dramatically, reflecting confidence in Micron's strategic position, though the memory market remains cyclical and volatile.
As of Nov 03, 2026 21:01 WIB, Micron Technology (MU) trades at USD 866.11 on Pluang, showing a 3.90% gain for the day. Despite the strong recent rally noted in the article, Pluang data reveals that 91% of order activity is currently selling. The stock holds a market cap of $943.14 billion, highlighting its significant scale in the tech sector.
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