Micron Technology (MU), a semiconductor company, is set to announce its fourth-quarter results for 2025 on September 23rd.
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Wall Street anticipates that Micron will report adjusted earnings per share (EPS) of $2.78, indicating over 135% growth year-over-year. Additionally, revenue is expected to rise by 43% to reach $111.2 billion.
Analysts have positive outlooks for Micron stocks
As we approach the fourth quarter, Websh analyst Matthew S. Bryson has raised the price target for Micron stock from $165 to $200, maintaining a buy rating. Bryson’s updated target reflects a 10x P/E ratio based on EPS estimates for 2027.
He noted that while the valuation multiple may seem high for memory companies during peak cycles, his profit forecasts for NAND and DRAM are below the peak levels of 2018, even with some gains in the HBM sector.
Rosenblatt analyst Hans Mosesmann also reiterated his buy rating for Micron with the same price target of $200. Analysts expect the company to slightly exceed expectations set in its August 11 pre-announcement, particularly in the outlook for the November quarter. Mosesmann pointed out that his favorable view on Micron is supported by limited supply of DRAM and NAND Flash Wafers through 2026, along with growing demand driven by AI workloads.
Mosesmann believes that DRAM demand is currently surpassing supply and emphasized that the increasing need for AI systems to manage vast data is boosting the storage market’s strength. For the upcoming quarter, analysts predict a total margin of at least 55%, revenues of $14.5 billion, and EPS of $4.78. “MU remains our long-term pick as memory upcycles accelerate into FY26,” he stated.
Is MU Stock a wise investment choice now?
In general, Wall Street expresses a solid buy consensus for Micron stocks, with 24 buy ratings and 4 holds. The average price target for MU stock stands at $158.12, reflecting a potential decline of 6.3% from current prices.
