Where Will Micron Stock Be in 2030?
The memory maker booked more revenue in one quarter than in any full year of its history. Can that possibly last until 2030?
Overview
In its fiscal third quarter (ended May 28, 2026), memory specialist Micron Technology (NASDAQ: MU) booked $41.5 billion of revenue -- more than it generated in any full fiscal year in its history. Its best year ever, fiscal 2025, brought in $37.4 billion.
The market spent Thursday deciding the story has further to run. Shares jumped 18.4% to $874.66 after Samsung told investors it expects the memory shortage to worsen in 2027 and continue into 2028. Micron's market value stood near $988 billion at Thursday's close, and the stock would need a climb of more than 40% to revisit its high of $1,255.
Details
So, where could the stock realistically be in 2030? I think the honest answer has to take memory's history as seriously as its moment.
Source
Originally published at www.fool.com.