Prediction: Micron Technology Stock Is Going to $3,900 in 1 Year After Its Blowout Quarter
Key takeaways
- The latest catalyst for Micron stock came when it released its fiscal 2026 third-quarter results (for the three months ended May 28) on June 24.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- Let's take a closer look at Micron's performance and check why this high-flying artificial intelligence (AI) stock has the potential to jump by over 3x in a year.
Harsh Chauhan, The Motley Fool Tue, June 30, 2026 at 12:13 AM GMT+7 5 min read MU NVDA Shares of Micron Technology (NASDAQ: MU) have shot up by a staggering 259% in 2026, as of this writing, and it looks like its red-hot rally isn't going to end any time soon.
The latest catalyst for Micron stock came when it released its fiscal 2026 third-quarter results (for the three months ended May 28) on June 24. The company's revenue and earnings blew past Wall Street's expectations, and its guidance for the current quarter was also well ahead of what analysts were looking for.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »