Where Will Micron Stock Be in 1 Year?
The memory chipmaker still has plenty of room to run.
Overview
Micron (NASDAQ: MU), one of the world's largest memory chipmakers, has been a major beneficiary of the AI boom. After suffering a severe slowdown in fiscal 2023 (which ended in Aug. 2023), its revenue surged 62% in fiscal 2024 and 49% in fiscal 2025.
Micron's sales of high-bandwidth memory (HBM) DRAM chips and NAND chips for enterprise solid-state drives (SSDs) in AI clusters in data centers fueled that growth, and that momentum should continue for the foreseeable future. Analysts expect its revenue to soar 248% in fiscal 2026, 91% in fiscal 2027, and finally cool down to 14% growth in fiscal 2028.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.